Archies jumped 13.38% to Rs 34.75 at 10:11 IST on BSE after a private firm Torero Capital bought 2 lakh shares of the company at Rs 30.20 per share in a bulk deal on NSE on Thursday, 18 September 2014.
Meanwhile, the S&P BSE Sensex was up 3.27 points or 0.01% at 27,115.48.
On BSE, so far 6.44 lakh shares were traded in the counter as against average daily volume of 4.62 lakh shares in the past two weeks.
The stock hit a high of Rs 35.10 so far during the day, which is a 52-week high for the counter. The stock hit a low of Rs 31.95 so far during the day. The stock had hit a 52-week high of Rs 31 on 15 September 2014. The stock had hit a 52-week low of Rs 13.15 on 24 September 2013.
Archies reported a net loss of Rs 0.84 crore in Q1 June 2014 as against net profit of Rs 0.05 crore in Q1 June 2013. Net sales declined 2.7% to Rs 38.21 crore in Q1 June 2014 over Q1 June 2013.
Archies operates a chain of stores that sell greeting cards and gifts. The company retails photo albums, baby books, jewelry and accessories, gift hampers, perfume, stuffed toys, and other gifts.
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