Synopsis
Cellecor Gadgets Limited has joined forces with Jeeves Consumer Services, part of the Flipkart group, to advance customer satisfaction and service quality while supporting the 'Make in India' initiative. This partnership aims to enhance after-sales services and strengthen local manufacturing of consumer electronics.Key Takeaways
- Cellecor Gadgets collaborates with Jeeves to improve customer service.
- Partnership supports the 'Make in India' initiative.
- Focus on enhancing after-sales services.
- Strategic alliances with Zetwerk and Dixon Technologies.
- Stock has shown a return of 113% over the past year.
Mumbai, Feb 2 (NationPress) In a move that supports the 'Make in India' initiative, Cellecor Gadgets Limited has partnered with Jeeves Consumer Services, a division of the Flipkart group, to enhance customer satisfaction and elevate service standards.
Jeeves stands out as a prominent third-party service provider in India, and this collaboration is designed to enhance the after-sales support for Cellecor Gadgets products, as detailed in its stock exchange announcement.
According to Cellecor Gadgets, 'This partnership is in line with our mission to deliver innovative, dependable, and technologically advanced products that meet the changing demands of Indian households.'
Additionally, the company noted that this collaboration strengthens its dedication to boosting local manufacturing while providing high-quality consumer electronics.
As per the exchange filing, Jeeves specializes in lifecycle management across various categories.
Moreover, last week, Cellecor Gadgets revealed another strategic alliance with Zetwerk to create advanced models of Google TV, QLED, and Mini LED Smart TVs.
The company has also entered into a collaboration with Dixon Electro Manufacturing Private Limited (DEMPL), a subsidiary of Dixon Technologies, to bolster its manufacturing capabilities.
In August 2024, Cellecor Gadgets announced a stock split in a ratio of 10:1, meaning shareholders received 10 shares for every single share held.
Over the past year, Cellecor Gadgets has emerged as a top performer on Dalal Street.
According to the exchange filing, the stock has showcased a remarkable return of 95 percent over six months.
Over the last year, it has transformed into a multibagger, yielding a return of 113 percent to its investors.
As of Saturday (February 1), shares of Cellecor Gadgets closed at Rs 60.75 each on the National Stock Exchange (NSE).
As of October 31, 2024, the company's shareholding structure reveals that promoters possess 49.64 percent of the company, whereas Foreign Institutional Investors (FIIs) hold 2.92 percent and Domestic Institutional Investors (DIIs) hold 1.54 percent.
The remaining 45.90 percent is owned by non-institutional investors.
