Introduction:
Consumer electronics stock announced a major partnership with two leading South Indian retail chains, aiming to expand its presence in Andhra Pradesh, Telangana, and Maharashtra. This move will enhance accessibility to its smart gadgets, electronics, and appliances across these regions.
Share Price movement of Cellecor Gadgets:
On March 18, 2025, Cellecor Gadgets Limited opened at ₹54.90, reaching a high of ₹55.40, up 4.64% from its previous close of ₹52.75, with a low of ₹54.25. The stock is currently trading at ₹55.20, with a market cap of ₹1,201.58 Crores.
Cellecor Gadgets share price rise:
Cellecor Gadgets Limited announced a strategic partnership with B New Mobiles and Celekt retail chains, strengthening its presence in Andhra Pradesh, Telangana, and Maharashtra. This move aims to make its smart gadgets, electronics, and appliances easily accessible to customers across these regions.
B New Mobiles, with 141 stores, and Celekt, operating 117 outlets, bring extensive reach and customer trust. Both brands are renowned for their broad product portfolios, quality service, and strong distribution networks, aligning with Cellecor’s vision of nationwide retail expansion.
This collaboration is expected to generate ₹500 million in annual business, enhancing Cellecor’s position in the Indian consumer electronics market. The company remains focused on offering advanced technology, superior value, and an improved shopping experience to South Indian consumers.
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Ace investor holding of Cellecor Gadgets:
Kavyansh Gupta Benefit Trust holds a 1.55% stake in Baazar Style Retail Ltd., owning 11,53,160 shares valued at ₹27.1 Crores. However, the trust also holds 3,934,950 shares in Cellecor Gadgets Ltd. valued at ₹21.7 Crores, reflecting significant interest in retail and electronics.
Nidhi Jain holds 3,934,950 shares in Cellecor Gadgets Ltd., previously reported at 1.88% in September 2024, with a holding value of ₹21.7 Crores. Her diversified portfolio also includes stakes in Osaijee Texfab, Cosco India, ITL Industries, and Universal Autofoundry across sectors.
Stock performance of Cellecor Gadgets for Period of 1 week, 6 months and 1 year:
Cellecor Gadgets stock saw a 6.64% decline in just one week, followed by a 16.7% fall over the last six months. However, the stock delivered an impressive 192% return over one year, reflecting strong long-term growth despite recent short-term corrections.
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Shareholding pattern of Cellecor Gadgets:
| Summary | Oct-24 | Sep-24 | Mar-24 |
| Promoter | 49.60% | 51.50% | 51.50% |
| FII | 2.90% | 0.00% | 0.80% |
| DII | 1.50% | 2.10% | 3.90% |
| Public | 45.90% | 46.30% | 43.80% |
About Cellecor Gadgets:
Cellecor Gadgets Ltd (NSE: CELLECOR) is a fast-growing consumer electronics brand in India, offering smartphones, smart TVs, laptops, and accessories. The company focuses on providing innovative, high-quality products with strong offline retail presence, expanding rapidly across key markets, including South India.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
