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Archies is currently trading at Rs. 25.75, up by 0.05 points or 0.19% from its previous closing of Rs. 25.70 on the BSE.
The scrip opened at Rs. 26.25 and has touched a high and low of Rs. 26.25 and Rs. 25.65 respectively. So far 2037 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 48.70 on 11-Apr-2011 and a 52 week low of Rs. 23.00 on 21-Dec-2011.
Last one week high and low of the scrip stood at Rs. 27.45 and Rs. 23.00 respectively. The current market cap of the company is Rs. 87.15 crore.
The promoters holding in the company stood at 61.74% while Institutions and Non-Institutions held 0.23% and 38.03% respectively.
Archies, greeting cards and gift products retailer, has postponed its plans of raising funds and scaling down its expansion plans. The company has attributed this delay due to current economic slowdown. The company was planning to raise $10 million through either private equity or strategic investments that would have been primarily used for opening new stores.
Earlier in May this year, the company had opened three ‘Hallmark Stores’ in Delhi NCR region which were owned and operated by the company itself. In addition to this the company was also planning to open seven new ‘Hallmark Stores’ for which the fit out, interiors and other related works were under process.
Archies is India’s top market leader and a Superbrand in the social expression industry with over 60% market share in the organized sector. Archies currently operates 203 exclusive company owned and operated outlets in 15 states 62 cities and 280 franchise outlets across India.
| Company Name | CMP |
|---|---|
| Avenue Supermarts | 4666.40 |
| Aditya Birla Fashion | 264.00 |
| Trent | 4648.00 |
| Future Retail | 2.06 |
| Electronics Mart Ind | 224.10 |
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MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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