New Delhi, March 18 -- Cellecor Gadgets share price jumped over 7% on Tuesday after the company announced the expansion of its presence in South India through partnership with B New Mobiles and Celekt Retail Chains. Cellecor Gadgets shares rallied as much as 7.01% to Rs.56.45 apiece on the NSE.

The consumer electronics brands Cellecor Gadgets announced a partnership with two of South India's retail chains - B New Mobiles and Celekt - which will further strengthen Cellecor's presence in Andhra Pradesh, Telangana, and Maharashtra, making its range of smart gadgets, electronics, and appliances more accessible to consumers in these key markets.

The company expects this partnership to generate an annual business of Rs.50 crore.

B New Mobile...