Earlier this year, Kerala-based children’s wear maker Poppy’s Baby Care entered the stock market through a reverse merger with Bombay Stock Exchange (BSE)-listed Archana Software. The name was then changed to Poppy’s Cares, and stock market figures show that those who bought shares of Archana Software (now Poppy’s Cares) exactly 5 years ago, would have made a gain of 7000 percent if they had still held it without selling it. The share price, which fell to just Rs 1.47 a year ago, now stands at a record Rs 161.30. That is, the gain is 7005%.
The stock has gained 1634% in the last one year. In the last one month alone, Popeyes shares have made a 50% advance. The growth so far in 2024 is 181 percent. These numbers show that Poppy’s stock has done well for both short-term investors and long-term holders.
That is, suppose you bought shares of Popeyes (then Archana Software) for Rs 1,000 5 years ago. 680 shares at Rs 1.47 each. The current price is Rs.161.30. That means your then Rs.1,000.
The value of the investment is now 1.09 lakh rupees.
Poppies is a company that manufactures and sells T-shirts, shirts, pants, party wear, sleep suits etc. for babies. Headquartered at Malappuram. Shaju Thomas (Managing Director) and Linta P. Jose are the main promoters. Poppy’s has more than 70 exclusive stores across Kerala and South India. The company with a market capitalization of around Rs 100 crore posted a loss of Rs 5.1 crore in the first quarter of the current year (2024-25) April-June. The company did not disclose revenue. Subject to (You should do your own research or seek the advice of an expert before investing.)
