Last Updated: Monday, April 10, 2017

Archies all set for turnaround: says management

News: Archies turnaround multibagger stock to buy online now
As per news published on money control Archies is seriously working on restructuring the company's balance sheet. 

Seshan Ranganathan the CEO of Archies said than there is a plan to shut down loss making stores in this process however he also said that the detailed plan is yet to be out in public domain. 

"Around 10 to 20 percent of stores are loss making so rationalization process will be contemplated" he added.

Shares of Archies closed today at 33.65 up by 19.96% on NSE with huge volume.

Read more at monecontrol  ~ 

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