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₹41 Penny Stock Hits Upper Circuit with 371% Gains – What’s Next?


Cellecor Gadgets Ltd (NSE – SME: COLLECTOR): The stock market is witnessing continuous stock-specific action amid a gap-down opening. 

Some penny stocks are continuously attracting investors’ attention due to their strong fundamentals. One such stock is Cellecor Gadgets Ltd, which is continuously hitting an upper circuit.

The stock of Cellecor Gadgets Ltd hit an upper circuit after a 10 percent rise on Wednesday and came down to the level of Rs 41.2. The products of this company are continuously coming into the market and it has also launched some of its new products. 

Its profits are continuously increasing and the company’s return on equity (ROE) has remained at 114% in the last three years. These ROE figures can be impressive for a company.

This stock is so bullish that it made its new 52-week high by reaching the level of Rs 41.5. The stock has posted a multi-bagger performance of 370.5 % over its 52-week low of 8.82 rupees for a share. It has been consistently hitting the upper circuit in recent trading sessions.

New Products

Cellecor Gadgets Ltd has announced the launch of its new line of laptops as well as 5G smartphones.

These innovative devices have been designed to meet the varied requirements of the contemporary consumer and offer a mix of design, performance, and cost.

Selecor 5G Smartphone: Pocket-Sized Powerhouse

Selecor 5G smartphone is a testament to Selecor’s commitment to delivering an exceptional mobile experience. With its sleek appearance, powerful processing, and high-speed access to 5G, the phone is ideal for those who are looking for the top.

It comes with plenty of storage space, a user-friendly Android 14.0 OS, as well as stunning graphics The Selecor 5G smartphone is much more than simply a phone. It is a high-performance system for work, and games.

Stock Split

The split of the stock ex-traded by the company’s share was performed in a ratio of 10:1, i.e. one share of equity having a face value of 10 Rs was subdivided into 10 shares that were equity of the business with a face value of 1 each. The official date for the split of stock was August 9, 2024.

The share of the company comes with an ROE of 117.9%, and an ROCE of 84.0 %. As of March 2024, promoters hold 51.54 percent of the company, FIIs hold 0.77 percent, DIIs hold 3.91 percent and the public holds 43.78 percent.

Quick Fact

Company name Cellecor Gadgets
Stock Exchange NSE – SME
Company Code COLLECTOR
Recent Stock Price ₹41.5
Recent Price Increase 10%
ROE (3 Years) 117%
52-Week High Price ₹41.5
52-Week Low Price ₹8.82
Performance Increase 371%
Stock Split Ratio 10:1
Stock Split Date August 9, 2024
Promoter Holding 51.54%
FII Holding 0.77%
DII Holding 3.91%
Public Holding 43.78%
New Products Laptops, 5G Smartphones
Smartphone Features 5G, Android 14.0, High Performance

Disclaimer: The website and its content are for informational purposes only and should not be considered investment advice.

careermotto

A self-motivated and hard-working individual, I am currently engaged in the field of digital marketing to pursue my passion of writing and strategising. I have been awarded an MSc in Marketing and Strategy with Distinction by the University of Warwick with a special focus in Mobile Marketing. On the other hand, I have earned my undergraduate degrees in Liberal Education and Business Administration from FLAME University with a specialisation in Marketing and Psychology.

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