Premium Phones Are Getting Expensive: Is This Stock Set to Benefit From the Refurbished Boom?
India, Sept. 26 -- GNG Electronics Ltd is an electronics refurbishment company specialising in refurbished smartphones, laptops, tablets and other electronic devices. With rising prices of premium smartphones and growing consumer preference for affordable alternatives, is the company positioned to participate in the expanding refurbished electronics market, supported by increasing demand for value-driven technology?
With a market capitalisation of Rs. 7,638.77 crore in the day's trade, the shares of GNG Electronics Ltd rose upto 1.4 percent, making a high of Rs. 687.25, compared to the previous close of Rs. 677.45.
Why Are Premium Phones Getting Expensive?
Premium smartphones are becoming costlier in India mainly because of a sharp inc...
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