GRM Overseas Share Price: A Weekly Overview
📈 Last Friday, GRM Overseas shares were trading at ₹188, experiencing a slight decline of 0.48% during the trading session. The company’s total market capitalization stands at ₹1,130 crores. The share reached its highest point in the last 52 weeks at ₹436.60, while its lowest level was ₹159.
📉 In recent days, there has been selling pressure on GRM Overseas shares. However, yesterday, the shares closed unchanged. The company is involved in the rice and spices business.
💹 On Monday, 11th December 2023, the GRM Overseas share closed at ₹191.85, showing a growth of 1.80%. The following day, Tuesday, 12th December 2023, the shares continued to rise, reaching ₹196, a 1.56% increase.
💰 Over the past three years, GRM Overseas shares have provided investors with a return of 615%. In the last five years, the company’s shares have given an impressive return of 955% to its investors. In the past 10 years, the shares have yielded a remarkable return of 6,700%.
🌾 GRM Overseas is involved in the production and sale of various types of rice. Their rice varieties include traditional basmati rice, super basmati, 1121 super basmati, long-grain rice, sharbati rice, and scented rice.
📢 Recently, GRM Overseas informed SEBI that it has sold its three percent stake in GRM Food Craft Company to a venture capital fund. GRM Food Craft Company operates in the retail and market with various grocery brands.
🚀 GRM Food Craft Company deals in different types of basmati rice, wheat flour, gram flour, porridge, and spices, among others. Currently, GRM Overseas has Himalaya, Tanush, and 10 other separate brands. GRM Food Craft Company is involved in the business of selling famous products like Hyderabad Biryani, Lucknow Biryani, Mughlai Malai Biryani, Dindigul Biryani, Awadhi Biryani, and many more.
🛍️ GRM Food Craft Company operates in both online and offline retail markets and has a D2C (Direct-to-Consumer) division.
In Short, GRM Overseas shares have shown consistent growth and provided excellent returns to its investors. The company’s expansion plans and ventures in the food business highlight its ambition to further develop its trading operations. With a diverse range of rice varieties and popular grocery brands, GRM Overseas and its subsidiary GRM Food Craft Company are making a mark in the market.
Disclaimer: This is News Coverage with Opinions of Experts and Should Not Be Taken as Direct Market Buying Tip. Market is always subject to risk. We recommend taking our content as research before investing.
