10:1 stock split: Multibagger penny stock under Rs 45 hit back-to-back upper circuits as Company launches new laptops & 5G smartphones!
The stock gave multibagger returns of 370.5 per cent from its 52-week low of Rs 8.82 per share.
Today, shares of Cellecor Gadgets Limited hit a 10 per cent upper circuit to Rs 41.50 per share from its previous closing of Rs 37.75. The stock also made a fresh new 52-week high of Rs 41.50 per share. The stock gave multibagger returns of 370.5 per cent from its 52-week low of Rs 8.82 per share. In the recent trading sessions, the stock has been hitting back-to-back upper circuits.
Cellecor Gadgets Limited, a leading technology innovator, has announced the launch of its latest range of laptops and 5G smartphones. These cutting-edge devices are designed to cater to the diverse needs of today's consumers, offering a perfect blend of style, performance and value.
Cellecor 5G Smartphone: Pocket-Sized Powerhouse
The Cellecor 5G smartphone is a testament to Cellecor's commitment to delivering exceptional mobile experiences. With its sleek design, powerful processor, and blazing-fast 5G connectivity, this device is perfect for those who demand the best. Equipped with ample storage, a smooth Android 14.0 operating system, and stunning visuals, the Cellecor 5G smartphone is more than just a phone; it's a versatile companion for work, play, and everything in between.
Cellecor Laptops: Empowering Education and Beyond
Cellecor's new laptop range is designed to make "Education for All Affordable" by offering high-quality, affordable devices that cater to the needs of students, professionals, and everyone in between. Whether you're a creative professional, a dedicated student, or simply looking for a reliable device for everyday tasks, Cellecor's laptops have something to offer. With powerful processors, ample storage and high-resolution displays, these laptops are built to empower achieving goals.
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About the Company
Cellecor Gadgets Ltd, founded in 2010, is an Indian company that sells consumer electronics under its brand name. They focus on providing affordable options for various devices, including smart TVs, mobile phones, smart watches, earphones and various accessories. Cellecor outsources the manufacturing of these products and then distributes them through a network of over 900 distributors, 25,000 retailers and 1200 service centres across 28 Indian states, with a strong presence in Uttar Pradesh, West Bengal and Gujarat.
stock split: The shares of the company ex-traded stock split in the ratio 10:1 i.e., sub-division of 1 equity share of the company having a face value of Rs 10 each into 10 equity shares of the company having a face value of Re 1. The record date for the stock split was Friday, August 09, 2024.
The company's shares have an ROE of 117 per cent and an ROCE of 84 per cent. As of March 2024, the promoters own 51.54 per cent of the company, FIIs own 0.77 per cent, DIIs own 3.91 per cent, and the public owns 43.78 per cent.
Disclaimer: The article is for informational purposes only and not investment advice.
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