Multibagger stock: This electronics company appoints Bollywood Star Varun Dhawan as brand ambassador!

The stock gave multibagger returns of over 100 per cent from its 52-week low of Rs 88.15 per share.

Cellecor Gadgets, India's most trusted and affordable electronics brand, has unveiled Bollywood actor Varun Dhawan as the face of its cutting-edge Smart TV offerings. The move not only bridges entertainment and technology but also marks a new chapter in Cellecor's journey to redefine home entertainment. For over a decade, Cellecor has been at the forefront of innovation and has gained recognition for its audio and wearable technology. Cellecor has consistently pushed the boundaries of consumer electronic gadgets, all while keeping affordability and customer satisfaction as their primary focus.

Varun Dhawan, the new face of Cellecor, said, "I am excited to be a part of the Cellecor family and to represent their Smart TV range. Cellecor's commitment to innovative technology and affordability aligns perfectly with the aspirations of the modern Indian consumer. I look forward to being a part of this exciting journey, especially during the Cricket World Cup 2023, where the Cellecor Smart TV will bring the stadium to every Indian home with the tagline ‘Ghar Ghar Banega Stadium'."

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. The company IPO was launched just a few weeks ago and falls under the SME segment with a lot size of 1,200 shares.

On Monday, shares of the company plunged 4.14 per cent to Rs 171.50 per share with an intraday high of Rs 182.90 and an intraday low of Rs 167.60. (As of October 23, 2023’s closing price, the lot of 1,200 shares is worth Rs 2,05,800). The stock gave multibagger returns of over 100 per cent from its 52-week low of Rs 88.15 per share.

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