FIIs increased their stake to 8.78%: Shares of Cellecor Gadgets Limited Jump 6.61% on October 29

DSIJ Intelligence-1 / 29 Oct 2025/ Categories: SME, Trending

FIIs increased their stake to 8.78%: Shares of Cellecor Gadgets Limited Jump 6.61% on October 29

The stock is up by 25.25 per cent from its 52-week low of Rs 25.75 per share and has given multibagger returns of over 200 per cent since its listing on NSE in September 2023.

On Wednesday, shares of Cellecor Gadgets Limited jumped 6.61 per cent to Rs 32.25 per share from its previous closing of Rs 30.25 per share. The stock’s 52-week high is Rs 81.50 per share and its 52-week low is Rs 25.75 per share.

Cellecor Gadgets Limited began its journey in 2012 as Unity Communications, a proprietorship firm founded by Mr Ravi Agarwal, focusing on selling electronics under its brand. The company has since grown into a prominent name in the consumer electronics industry, known for its commitment to providing affordable, quality products. Cellecor achieves this through a sustainable business strategy that synergises, combining electronic product demand with a modern approach to sourcing, production, and marketing. Today, their diverse product range includes mobile phones, smart TVs, various audio devices, smartwatches, and home appliances.

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Results: According to half-yearly results, the net sales increased by 106 per cent to Rs 600.23 crore, Profit before Tax (PBT) increased by 79 per cent to Rs 21.76 crore and net profit increased by 79 per cent to Rs 16.28 crore in H2FY25 compared to H2FY24. In its annual results, the net sales increased by 105 per cent to Rs 1,025.95 crore, Profit before tax (PBT) increased by 91 per cent to Rs 41.43 crore and net profit increased by 92 per cent to Rs 30.90 crore in FY25 compared to FY24.

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In September 2025, FIIs bought 1,22,67,000 shares of Cellecor Gadgets Ltd and increased their stake to 8.78 per cent compared to a 3.27 per cent stake in March 2025. The company also partnered with Poorvika Mobiles (over 470 stores in South India) for retail expansion. The deal is expected to generate Rs 150 crore annually for Cellecor, significantly boosting its market penetration in Tamil Nadu, Karnataka, and Kerala. This move supports Cellecor's goal of achieving Rs 750 crore annually from its South Indian alliance network.

The company's shares have an ROE of 25 per cent and an ROCE of 24 per cent. The stock is up by 25.25 per cent from its 52-week low of Rs 25.75 per share and has given multibagger returns of over 200 per cent since its listing on NSE in September 2023.

Disclaimer: The article is for informational purposes only and not investment advice.