Archies rises on entering into strategic partnership with Payback

29 Jun 2017 Evaluate

Archies is currently trading at Rs. 30.40, up by 0.05 points or 0.16% from its previous closing of Rs. 30.35 on the BSE.

The scrip opened at Rs. 30.70 and has touched a high and low of Rs. 30.85 and Rs. 30.40 respectively. So far 1450 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 40.10 on 12-Apr-2017 and a 52 week low of Rs. 20.05 on 09-Nov-2016.

Last one week high and low of the scrip stood at Rs. 31.55 and Rs. 29.95 respectively. The current market cap of the company is Rs. 102.69 crore.

The promoters holding in the company stood at 60.55%, while Institutions and Non-Institutions held 0.47% and 38.98% respectively.

Archies has entered into strategic partnership with Payback, India’s largest multi-brand loyalty program to expand its offerings into gifting category. This association will help Archies customers to earn and redeem Payback points at more than 225 Archies owned stores.

Through this partnership, Payback members will now be able to earn 5 points for every 100 rupees spent and redeem their points across all Archies owned stores every time they transact by just quoting their Payback card number or linked mobile number.

Archies retails greeting cards, stationery, gifts, and other related products primarily in India. It also provides corporate gifts and fashion accessories.




Archies Share Price

25.87 0.12 (0.47%)
20-Dec-2024 16:59 View Price Chart
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