Multibagger SME inventory Cellecor Devices Restricted’s shares surged by 6.4 per cent, rising to ₹62.35 per share from the earlier shut of ₹58.60, after the corporate introduced its partnership with fast commerce platform Zepto to allow customers to buy Cellecor’s vary of merchandise seamlessly by means of Zepto’s speedy supply community
Cellecor Devices inventory’s 52-week excessive stands at ₹81.50 per share, whereas its 52-week low is ₹15.04 per share.
Cellecor Devices launched its IPO in September 2023, with value band of ₹92 every. In August 2024, the corporate carried out a inventory cut up at a ten:1 ratio, lowering the face worth of every share from ₹10 to ₹1, successfully turning one share into ten.
In keeping with alternate information, Cellecor Devices shares have gained 55 per cent over the previous six months and 92 per cent within the final yr. Since its IPO, the inventory has surged by 500 per cent.
Cellecor Devices- Zepto partnership particulars
By means of this partnership, Cellecor goals to boost accessibility and comfort for its prospects, making certain they will get their favourite devices delivered virtually immediately. The transfer aligns with Cellecor’s dedication to offering advance know-how, affordability, and seamless buyer experiences, the corporate stated in a launch.
This collaboration marks one other milestone in Cellecor’s journey in the direction of changing into a family title in India, reinforcing its presence in each offline and on-line retail channels, the corporate added.
With a robust distribution community throughout the nation and a dedication to innovation and high quality, Cellecor is quickly changing into a most popular alternative for Indian shoppers.
Based in 2021, Zepto has its presence in 50 plus cities and an intensive catalog of 45,000+ merchandise, it delivers necessities—together with groceries, electronics, magnificence merchandise, and extra—inside 10 minutes, redefining comfort and effectivity in on-line buying.
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