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Investors rushed for ₹ 35 shares, huge loot to buy, company has a big order, stock is also divided into 10 pieces

by Aaryan Srivastav
August 30, 2024
Investors rushed for ₹ 35 shares, huge loot to buy, company has a big order, stock is also divided into 10 pieces

Cellecor Gadgets Limited share: Cellecor Gadgets Limited shares are in focus during trading today on Friday. The company’s shares rose 4.5 percent today to Rs 35.60 per share. On Thursday, the stock closed at Rs 34.05. The stock has given a multibagger return of more than 300 percent from its 52-week low of Rs 8.82 per share.

company business

Selecor Gadgets Limited was founded in 2010. It is an Indian company that sells consumer electronics under its own brand name. They focus on providing affordable options for various devices including smart TVs, mobile phones, smartwatches, earphones and various accessories. Selecor outsources the manufacturing of these products and then distributes them through a network of over 900 distributors, 25,000 retailers and 1200 service centers across 28 Indian states, with a strong presence in Uttar Pradesh, West Bengal and Gujarat. Let us tell you that leading consumer electronics company Selecor Gadgets Limited has strengthened its market position by receiving a large order of 7,000 units for the upcoming Big Billion Sale on Flipkart, worth around Rs 10 million.

This stock has fallen from ₹107 to ₹3, the price has been falling for 6 consecutive days, this is the effect of this news

Booking of this airline will be closed from September 3, it is getting merged with Tata’s company

The stock is divided into 10 pieces

Let us tell you that the company’s shares were split ex-traded stock in the ratio of 10:1. The record date for the stock split was Friday, August 09, 2024. The company’s shares have a ROE of 117 percent and ROCE of 84 percent. As of March 2024, the company’s promoters hold 51.54 percent stake, FIIs hold 0.77 percent, DIIs hold 3.91 percent and the remaining 43.78 percent stake is held by the public.

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