Small Cap Stock Below Rs 100 In Focus On Collaboration With Asia’s Largest B2B Commerce Company

On Wednesday, shares of mobile gadget company Cellecor Gadget Ltd surged around 5 per cent to an intraday high of Rs 64.50 per share from its previous closing of Rs 61.65 per share. The stock's 52-week high is Rs 325.55 and its 52-week low is Rs 29.04. The company has a market cap of over Rs 1341 crore with multibagger returns of around 117 per cent in 1 year.

Following its announcement that it has collaborated with Moglix, Asia's largest and fastest-growing B2B commerce firm, Cellecor Gadgets Limited, a small-cap company and India's fastest-growing consumer electronics brand, is going to be the focus of the upcoming sessions. Through Moglix's vast B2B and B2C e-commerce setting, this partnership is expected to expand Cellecor's reach and introduce its innovative line of appliances and gadgets to a wider audience.

This collaboration is a natural fit with Cellecor's goal of providing dependable and reasonably priced consumer electronics to all Indian households and companies. A wide range of consumers, including small and medium-sized businesses as well as huge corporations, will now be able to purchase Cellecor products thanks to Moglix's vast network and digital commerce capabilities. Moglix's strong infrastructure gives Cellecor the ability to investigate new markets, guaranteeing more accessibility for its innovative product collection.

A leader in the Indian consumer electronics sector, Cellecor Gadgets Limited is renowned for its innovative product range and with a strong dedication to "Make in India," Cellecor continues to develop in a variety of categories, such as electronics, smart devices, and home and kitchen appliances and has established itself as a reliable household name in India. With this collaboration with Moglix, Cellecor enters a new phase of growth as it fortifies its position in both B2B and B2C sectors to support its consumer electronics and business.

Recently business said that Cellecor has joined the cooler industry with a line of advanced coolers including desert coolers with capacities of 65L, 80L, 85L, 100L, and 110L as well as a personal cooler with a 45L capacity. With the help of its manufacturing partners, M/s PG Electroplast Limited and Nobel Moulds Private Limited, the company was able to secure confirmed advance orders for 42,000 units within the first seven days of the product's availability.

With great pleasure, Cellecor Gadgets Limited announces the January 2025 introduction of its audio collection. According to the firm, this news is consistent with its dedication to developing and broadening its product offerings in order to satisfy the changing demands of its clientele. In January, the organisation said that its much awaited sound systems line will begin production. This series redefines every audio experience by fusing cutting-edge technology, superb sound quality, and high-end designs to accommodate a wide range of audio tastes. Building on the tremendous success of its Bluetooth speakers, Cellecor adds two high-end soundbars (Ultra Bar and Tune Bar) and five multipurpose wireless speakers (Party Box, Beat Box, Storm, Boom, and Thunder) to its collection.

The new sound systems from Cellecor, which will go on sale in January 2025, are expected to revolutionise the way you experience sound, whether you're enjoying it at a loud party, on the go, or when upgrading your home theatre system.

"This new lineup solidifies Cellecor's position as a trusted brand in the audio market by delivering products that resonate with consumer needs. From professional karaoke enthusiasts to home theatre aficionados, these innovative sound systems provide unparalleled performance, functionality, and style. By blending advanced features with the needs of Indian households, Cellecor continues its journey to becoming a household name across the country," Cellecor Gadgets said in a stock exchange filing.

In a letter dated November 13, 2024, Cellecor Gadgets recently notified stock exchanges that Mr. Patterson Thomas (ICSI M. No. 50598) had resigned from his position as the company's secretary and compliance officer, effective at the end of business hours on that day.

One of India's fastest-growing consumer electronics companies, Cellecor Gadgets Ltd., was delighted to announce last month that Bollywood actress Kareena Kapoor Khan will serve as the brand ambassador for its Smart TV. With Kareena Kapoor Khan's incorporation, Cellecor aims to further establish its presence in the competitive consumer electronics industry by making its Smart TV line the best option for high-quality home entertainment.

The allocation of 80,00,000 equity shares with a face value of Re.1/-each fully paid up for funds at an issue price of Rs. 40.20/-per equity share (including a premium of Rs. 39.20/-) to "Non-Promoter, Public Category" on a preferential basis was then reviewed and approved by the Cellecor Gadgets Board of Directors on Tuesday, October 29, 2024.

On Monday, the shares of Cellecor Gadgets ended 0.26% lower at Rs 56.95 per share on the NSE with a market cap of Rs 1,194.12 Cr. In the last 1 year the stock has generated a multibagger return of 148%. The small cap stock touched a 52-week-high of Rs 71.80 on (16-Oct-2024) and a 52-week-low of Rs 15.04 on (14-Mar-2024).