Following the signing of a strategic Non-Disclosure Agreement (NDA) with Shenzhen H&T Intelligent Control and Shenzhen Jia Zha Geye Technology to establish a world-class manufacturing facility in India, Cellecor Gadgets’ shares increased by around 3% in early trading on Tuesday. At the time of writing, the stock had risen to an intraday high of Rs 49.80 after opening with a gap at Rs 49.50 versus the previous session’s closing price of Rs 48.20 on the NSE.

However, due to profit booking, the stock lost part of its initial gain and now trades at Rs 48.50, up around 0.5%. In the meanwhile, the share’s 52-week high and low were Rs 81.50 and Rs 22.07, respectively.

Performance of Cellecor Gadgets Stock

Over the last five years, the stock of the consumer electronics industry has returned more than 429%. The scrip increased by more than 81% in a year. Nonetheless, during the last 30 days, Cellocor Gadgets’ stock has corrected by more than 9%.