Archies Limited [ARCHIES.NS] Stock Forecast

Archies Limited engages in the retail sale of cultural, recreation, and other goods through its stores in India. The company offers flowers, cakes, chocolates, greeting cards, soft toys, stationery, gift hampers and combos, jewelry, home decor, mugs and sippers, and cosmetics, as well as accessories. It operates through a distribution network that comprises company owned stores, franchisees, distributors, and retailers, as well as through online. The company offers its products under the Archies brand. As of March 31, 2021, the company owned and operated 152 retail stores. It also exports its products to Sri Lanka, Bangladesh, Mauritius, Uganda, Rwanda, Kenya, the United States, Australia, Egypt, Kuwait, the United Arab Emirates, Oman, Thailand, and Italy. The company was formerly known as Archies Greetings and Gifts Limited and changed its name to Archies Limited in November 2002. Archies Limited was founded in 1979 and is headquartered in New Delhi, India.