Archies opens six new showrooms across India during Q1FY23; Stock gains

4 Aug 2022 , 11:37 AM

Archies Ltd has announced to the exchanges regarding opening of Archies New Stores at the various states of India.

As per the filing, Company has opened six new stores of Gifts and Stationery at the State of Haryana, Uttar Pradesh, Rajasthan, Kerala, Punjab and Delhi from April 1, 2022 to July 31, 2022 (Q1FY23).

Further, the company informed that it is in process of opening of four new Stores at the State of Rajasthan, Punjab and Uttarakhand from August, 2022 onwards.

At around 11:39 AM, Archies Ltd is currently trading at Rs17.85 per share up by Rs0.05 or 0.28% from its previous closing of Rs17.80 per share on the BSE.

The scrip opened at Rs17.95 and has touched a high and low of Rs18.15 and Rs17.50 respectively so far today. The current market cap of the company is Rs60.13 crore.