Small-cap stock below ₹50: SME stock jumps after expansion in retail footprint

Small-cap stock below 50: The SME stock Cellecor Gadgets gained in the morning trade after announcing that it has opened its eighth exclusive brand store in Barnala, Punjab, as part of retail expansion plan.

Ujjval Jauhari
Updated2 May 2025, 10:59 AM IST
Small-cap stock below  <span class='webrupee'>₹</span>50: The SME stock gained in the morning trades on Friday.
Small-cap stock below ₹50: The SME stock gained in the morning trades on Friday.

Small-cap stock below 50: The SME stock Cellecor Gadgets gained in the morning trade on Friday after the company announced an expansion in the retail footprint.

Cellecor Gadgets' expansion update

Small-cap stock below 50, Cellecor Gadgets, on Wednesday, April 30, 2025, announced expansion in the retail footprint. Cellecor Gadgets, the SME stock, submitted a release on the National Stock Exchange (NSE), informing about expanding its retail footprint by launching an exclusive brand store in Barnala, Punjab.

 

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As per the release announced by Cellecor Gadgets, the launch of its new exclusive brand store in Barnala, Punjab, marks another major step in its mission to bring advanced technology closer to Indian households.

The Barnala outlet is Cellecor’s eighth exclusive brand store in India, joining the expanding network of immersive retail locations previously launched by the company in Delhi, Bhopal, Mizoram, Leh Ladakh, Andaman and Nicobar Islands, Sasaram (Bihar), and Nanded (Maharashtra).

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The Barnala store, as per the company will showcase the complete Cellecor portfolio from smart TVs to home and kitchen appliances to wearables and audio devices, offering customers an immersive experience through hands-on product demonstrations, personalised assistance, and early access to new launches.

Cellecor Gadgets Limited's journey in the electronics device business, and selling products in its own brand, including Smart TVs, Smart Gadgets, Wearables, Mobile Phones, Home and Kitchen Appliances, and more, outsourced from various electronic assemblers and manufacturers, started in 2012.

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As part of Cellecor’s growing network of exclusive stores, the current expansion plays a pivotal role in enhancing brand visibility, fostering deeper customer engagement, and strengthening the company’s offline presence. These dedicated retail spaces provide expert guidance, seamless after-sales support, and a superior shopping experience, while building lasting consumer trust

Cellecor Gadgets share price movement

The small-cap stock below 50, Cellecor Gadgets, opened at 46 on the NSE on Friday. At the time of opening, SME stock Cellecor Gadgets' share price was up close to 1% over the previous day's closing price of 45.50 on Wednesday. Cellecor Gadgets share price, nevertheless, gained further to hit intraday highs of 46.60, which marked gains of closer to 3% for the SME stock.

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