Archies soars on revamping its e-commerce platform, ties with various e-retailers

Archies Ltd. | Retailing | Retail | BSE: 532212 | NSE: ARCHIES

15 Sep 2014 Evaluate

Archies is currently trading at Rs. 29.75, up by 3.05 points or 11.42% from its previous closing of Rs. 26.70 on the BSE.

The scrip opened at Rs. 26.45 and has touched a high and low of Rs. 30.60 and Rs. 26.25 respectively. So far 6,01,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 30.60 on 15-Sep-2014 and a 52 week low of Rs. 13.15 on 24-Sep-2013.

Last one week high and low of the scrip stood at Rs. 30.60 and Rs. 19.35 respectively. The current market cap of the company is Rs. 101.00 crore.

The promoters holding in the company stood at 61.74% while Institutions and Non-Institutions held 0.39% and 37.88% respectively.

Archies has revamped its e-commerce platform, ‘archiesonline.com’ recently, making it more user friendly and in line with the existing Indian ecommerce websites to attract customers. Apart from this Archies has also tied up with various e-retailers who have vast presence in the virtual space like Flipkart, Snapdeal, E-India Store, Groupon India, Saffron Art, Gift A love.com, Phoolwala.com, My flower tree, Shopclues, Indian Gifts Portal, Fern N Petals & Bookaflower.com.

In July 2014, the company received 2531 orders against 960 orders last year. Similarly in August 2014 it received 5281 orders against 3058 orders last year. It is expecting the e-commerce platform to be growth engine for the company in the times to come.

In addition to the rejuvenated website, the company as on date is having 243 Company Owned Retail Stores PAN India including 19 Hallmark Stores.

Archies Share Price

14.15 0.09 (0.64%)

16-Jul-2026 16:01 View Price Chart

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