New Delhi, Feb. 5 -- Cellecor Gadgets share price jumped nearly 5% on Wednesday after the company announced its business expansion plans. The small-cap stock rallied as much as 4.72% to a high of Rs.64.25 apiece on the NSE.

The consumer electronics brands Cellecor Gadgets announced expansion with the launch of its first exclusive store in Bihar, located in Sasaram, and in Nanded, Maharashtra.

The Sasaram and Nanded outlets mark the brand's sixth and seventh exclusive stores, following launches in Bhopal, Andaman and Nicobar Islands, Leh Ladakh, Delhi, and Mizoram.

"Bihar's appliance market currently accounts for approximately 3% of the national market, with an estimated value of $2.33 billion. With the state's projected population reac...