Cellecor Gadgets Hits 52-Week High with New Product Launches

Cellecor Gadgets’ stock rises 9.93% as the company announces upcoming launch of smartphones and laptops for September.

Following the announcement of its newest product launches, which are slated for September 2024, Cellecor Gadgets saw a 9.93% increase in stock price to Rs 3.75, hitting a 52-week high. The corporation plans to launch a new line of electronic devices, including a 5G smartphone and a number of laptops, in an attempt to take benefit of the holiday markets.

Designed for both casual users and multimedia fanatics, the Cellecor 5G smartphone runs Android 14.0 and comes with storage options of 64GB or 128GB with expandable capacity. In addition to smooth performance and quick 5G connectivity, the phone has a sleek appearance and comes in two fashionable colors.

A new range of laptops from Cellecor will also be introduced. This will include a 14-inch model that is highly configurable, with 1920 x 1080 resolutions, 256GB SSD, and 8GB RAM and the Intel Alder Lake N95 12th-generation processor. The laptops are perfectly-made for both professionals and students, emphasizing mobility and performance. Premium variants will include a 15.6-inch display with Intel Core i3 or i5 processors and up to 16GB RAM.

Cellecor’s net profit surged 99.4% to Rs 16.09 crore in FY24, with revenue increasing by 89.3% year-over-year to Rs 500.45 crore. The new products will be available through leading retail and online stores.