Categories: Entertainment

Uncover a Hidden Gem: Transform Your Portfolio with This Sub-Rs 100 Stock Promising 130% Returns in Just One Year!


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Updated Dec 25, 2024 19:30 IST

The stock has surged 575 percent over the past three years.

Article Highlights

  1. The stock in question is Cellecor Gadgets, a prominent consumer electronics brand.
  2. The firm has recently confirmed a partnership with Moglix, Asia’s largest and swiftly expanding B2B commerce firm.
  3. Moglix serves over 1,000 enterprise clients and exports products to more than 120 countries.
Multibagger Stock : Investing in multibagger stocks requires selecting businesses with the potential for substantial growth. One such company has been making waves on Dalal Street in recent years by offering significant multibagger returns.

According to the NSE website, the company had divided the face value of its shares in a 10:1 ratio, implying that each share became 10 separate shares. After the split, the stock price adjusted to below Rs 100.

The stock we are discussing is Cellecor Gadgets , a leading consumer electronics brand.

Cellecor Partners With Moglix

The company has recently revealed a collaboration with Moglix, the largest and fastest-growing B2B commerce platform in Asia. This partnership aims to enhance the reach and deliver its innovative selection of gadgets and appliances to a wider audience through Moglix’s expansive B2B and B2C e-commerce ecosystem.

Moglix has over 1,000 enterprise clients and exports to more than 120 nations.

“The alliance aligns seamlessly with Cellecor’s objective to provide value-for-money and dependable consumer electronics to all households and businesses. Leveraging Moglix’s extensive network and digital commerce capabilities, Cellecor products will now be within reach of a varied audience, including large enterprises as well as small and medium-sized firms,” the company stated in an announcement.

Cellecor Share Price

In Tuesday’s trading session, Cellecor Gadgets shares closed stable at Rs 62.10.

The NSE-listed stock has gained 91 percent in the last six months, more than doubling investors’ money in a year, resulting in an astonishing return of 130 percent.

The stock has climbed 575 percent in the past three years. An investment of Rs 1 lakh in Cellecor Gadgets shares three years ago would now be valued at Rs 5.75 lakh.

According to the shareholding structure, the promoters hold a majority stake of 49.64 percent as of the end of October. Foreign Institutional Investors (FIIs) possess nearly a 3 percent stake in the company.

(Disclaimer: The above article is intended solely for informational purposes and should not be seen as any investment advice. ET NOW DIGITAL advises its readers/viewers to consult financial experts before making any monetary decisions.)

End of article

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