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Archies Gains 6%; BSE FMCG Index Up 0.9%
Wed, 21 Aug 11:13

Archies Gains 6%; BSE FMCG Index Up 0.9%Image source: hudiemm/www.istockphoto.com

Archies share price has zoomed 6% and is presently trading at Rs 27.8.

Meanwhile, the BSE FMCG index is at 22,850.9 (up 0.9%).

Among the top gainers in the BSE FMCG index today are Tata Coffee (up 3.6%) and Ruchi Soya Industries (up 3.5%).

Godfrey Phillips (down 3.3%) and Balrampur Chini (down 2.1%) are among the top losers today.

Over the last one year, Archies has moved up from Rs 26.0 to Rs 27.8, registering a gain of Rs 1.8 (up 6.7%).

On the other hand, the BSE FMCG index has moved up from 18,678.9 to 22,850.9, registering a gain of 22.3% during the last 12 months.

The top gainers among the BSE FMCG index stocks during this same period were BOM.BURMAH (up 160.5%), Godfrey Phillips (up 157.6%) and Colgate (up 79.1%).

Must See: These Segments are Witnessing Incredible Growth with Modi's Push

What About the Benchmark Indices?

The BSE Sensex is at 80,707.5 (down 0.1%).

The top losers among the BSE Sensex today are Ultratech Cement (down 1.4%) and Tata Steel (down 0.9%). The most traded stocks in the BSE Sensex are Tata Steel and ITC.

In the meantime, NSE Nifty is at 24,692.1 . ICICI Bank and Ultratech Cement are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,216.1 to 80,707.5, registering a gain of 15,491.4 points (up 23.8%).

Archies Financial Update...

Archies net profit grew 25.7% YoY to Rs -10 million for the quarter ended June 2024, compared to a loss of Rs 14 million a year ago. Net sales declined 10.9% to Rs 134 million during the period as against Rs 150 million in April-June 2023.

For the year ended March 2023, Archies reported 191.6% increase in net profit to Rs 24 million compared to net loss of Rs 26 million during FY22. Revenue of the company grew 11.5% to Rs 860 million during FY23.

The current Price to earnings ratio of Archies, based on rolling 12 month earnings, stands at -11.9.

Archives


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