Market Performance
In today’s stock market, Cellecor Gadgets share price drew attention after the stock moved during Friday’s session. On the NSE SME platform, the stock opened at ₹36.50 per share and touched a low of ₹34.80 intraday. The movement came after the company announced a major expansion in South India through fresh partnerships.
Main News
Cellecor Gadgets has stepped up its offline presence by joining hands with two well-known retail chains—BIG C Mobiles Pvt. Ltd. and PAI International Electronics Limited. This marks a strategic push into Andhra Pradesh, Telangana, Karnataka, Tamil Nadu, and Kerala—states that form the backbone of India’s high-growth consumer electronics market.
Company Details
The partnerships open the doors for Cellecor products across more than 500 stores combined:
- BIG C Mobiles Pvt. Ltd. operates 250 stores across Andhra Pradesh and Telangana, with an annual revenue of ₹1,500 crore. This tie-up is expected to add nearly ₹70 crore in yearly business potential for Cellecor.
- PAI International Electronics Limited runs 250 stores across Karnataka, Tamil Nadu, and Kerala. With an annual turnover of ₹2,040 crore, PAI’s strong reach is projected to add another ₹50 crore annually to Cellecor’s growth engine.
This expansion adds to the company’s earlier partnerships with LOT and Sono Vision, further strengthening its retail footprint in one of the fastest-growing electronics markets in India.
Summary
- Cellecor Gadgets share price today: Opened at ₹36.50, touched a low of ₹34.80.
- Expansion strategy: Partnered with BIG C Mobiles and PAI International.
- Retail presence: 500+ stores across South India through new partnerships.
- Business potential: Around ₹120 crore additional annual business expected.
- Regional growth: Strong presence across Andhra Pradesh, Telangana, Karnataka, Tamil Nadu, and Kerala.
With a product lineup that spans smart TVs, mobile accessories, and home appliances, Cellecor continues to build its brand on accessibility and affordability, making deeper inroads into South India’s consumer base.
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