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Buy Archies

This article was posted on Apr 23, 2008

Archies – (Cmp: 80.90). Buy at current market price for good gains in short and long term.

Archies is consciously targeting malls andother prime retail space for opening its own stores. Archies currentlyoperates 100 exclusive outlets in 14 states in 24 cities and 375+ franchiseoutlets across India and abroad. The Company’s revenue from retailoperations is expected to go up to 70% by March 2010. Currently it is avaliable at a very low PE of 7.

Call given on 07-04-08

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