Archies gains on securing purchase orders worth Rs 8.05 million
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Archies is currently trading at Rs. 35.16, up by 0.37 points or 1.06% from its previous closing of Rs. 34.79 on the BSE.
The scrip opened at Rs. 33.86 and has touched a high and low of Rs. 35.50 and Rs. 33.86 respectively. So far 10797 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 37.65 on 08-Feb-2024 and a 52 week low of Rs. 15.65 on 29-Mar-2023.
Last one week high and low of the scrip stood at Rs. 36.50 and Rs. 30.76 respectively. The current market cap of the company is Rs. 116.85 crore.
The promoters holding in the company stood at 62.25%, while Institutions and Non-Institutions held 0.33% and 37.43% respectively.
Archies has secured purchase orders worth Rs 8.05 million from International entities. Out of total, the company has received order worth Rs 4.28 milion from TJX Companies for supply of Paper Bags. Further, the company has also received order worth Rs 3.77 million from Anthropologie for supply of Paper Bags and this order is to be executed by first week of March 2024.
Archies is leader in the social expression industry in India and deals in greeting cards, gifts and stationery Products under the brand name ‘Archies’.
