This company gains over as company eyes Rs 100 crore revenue from southern India
The 50-share NSE Nifty dipped 46.4 points to 24,533.20. From the Sensex firms, Infosys, Bajaj Finance, Hindustan Unilever, Bharti Airtel, ICICI Bank and Trent were among the laggards.
Published: September 3, 2025 4:07 PM IST
The shares of Cellecor Gadgets gained on September 3, 2025. The company’s focus on southern India and its aim to achieve an annual business of Rs 100 crore have propelled its stock. The counter opened in green at Rs 30.35, a promising start against the previous close of Rs 29.70 on the National Stock Exchange (NSE). It surged further to touch the high of Rs 31, representing a gain of 4.37 per cent from the previous close. The stock’s 52-week high is Rs 81.50, and the 52-week low is Rs 29.25, indicating a strong performance.
The company has announced its partnership with LOTS Wholesale Solutions and Sonovision Electronics Private Limited. According to the information shared, Sonovision Electronics Private Limited, established in 1969, is the largest consumer electronics retail chain in Andhra Pradesh and Telangana. It has more than 75 outlets across 26 cities.
“…announced its partnership with LOTS Wholesale Solutions and Sonovision Electronics Private Limited, two of the most trusted retail chains in South India. Through these strategic alliances, Cellecor is targeting ₹100 crore in annual business from the region,” the company said in exchange filing.
Stock Market Today
Meanwhile, benchmark equity indices Sensex and Nifty declined in early trade on Wednesday. This decline can be attributed to weak global market trends and relentless foreign fund outflows, which have been a cause for concern in the market recently.
Caution also prevailed in the equity market ahead of the GST Council meeting beginning Wednesday.
The 30-share BSE Sensex declined 153.28 points to 80,004. 60 in early trade. The 50-share NSE Nifty dipped 46.4 points to 24,533.20. From the Sensex firms, Infosys, Bajaj Finance, Hindustan Unilever, Bharti Airtel, ICICI Bank and Trent were among the laggards.
However, Tata Steel, Bharat Electronics, Eternal, ITC and Mahindra & Mahindra were among the gainers.
In Asian markets, South Korea’s Kospi traded in positive territory while Japan’s Nikkei 225 index, Shanghai’s SSE Composite index and Hong Kong’s Hang Seng quoted lower. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 1,159.48 crore on Tuesday, according to exchange data.
With PTI inputs
Source: www.india.com