Multibagger from its 52-week low: This micro-cap company announces a game-changing partnership with CashKaro backed by Ratan Tata – details inside

The stock gave multibagger returns of 226 per cent from its 52-week low of Rs 88.15 per share.

Cellecor Gadgets Ltd informed that the revolutionizing lifestyle tech: Cellecor and CashKaro announced a game-changing partnership. 

CashKaro, a leading cashback and discounts platform connecting consumers with hundreds of e-tailers across various categories, empowers shoppers to save big on everyday purchases like electronics, food, clothes, and cosmetics. Backed by the legendary Ratan Tata, CashKaro ensures trust and quality, making it a top choice for savvy shoppers. In a groundbreaking move, CashKaro has partnered with Cellecor to bring over 100 premium smart TVs to its network, offering exclusive deals and cashback, revolutionizing the offline smart TV retail landscape by making cutting-edge technology accessible and affordable for everyone. This collaboration is more than just a business partnership; it's a transformative journey where every purchase becomes a step towards a smarter, more connected future, seamlessly blending innovation and affordability.

Earlier, Cellecor Gadgets gears up for a Republic Day spectacle, unveiling new tech alongside renowned actress Tamannaah Bhatia, now the glamorous face of their earbuds and smartwatches. Get ready for a star-studded journey into the future of tech, blending cutting-edge functionality with unparalleled style, and celebrating a landmark partnership as Cellecor continues its mission to bring high-quality electronics to all.

Cellecor Gadgets, India's budget-friendly tech giant, is making a power move into the premium market with its new line of luxurious smart TVs, stylish smartwatches, immersive earbuds, and sleek smartphones. To capitalize on India's booming demand for premium tech and fund this expansion, they're issuing 1,020 crores worth of non-convertible debentures. This bold venture positions Cellecor to capture the hearts (and wallets) of tech enthusiasts, style lovers, and fitness buffs in the world's fastest-growing tech market.

Today, shares of Cellecor Gadgets Limited gained 0.70 per cent to Rs 288 per share from its previous closing of Rs 286 with an intraday high of Rs 295 and an intraday low of Rs 285. The stock falls under the SME segment with a lot of 1,200 shares. The stock gave multibagger returns of 226 per cent from its 52-week low of Rs 88.15 per share.

Incorporated in 2020, Cellecor Gadgets Limited is engaged in the procurement, branding, and distribution of televisions, mobile phones, smart wearables, mobile accessories, smart watches, and neckbands. As of September 2023, the promoters of the company own a 51.54 per cent stake, FIIs own 4.41 per cent, DIIs own 6.05 per cent and the rest 38 per cent is owned by the public.

Disclaimer: The article is for informational purposes only and not investment advice.