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GRM Overseas gains as its arm launches new product ‘Spices’

26 Feb 2021 Evaluate

GRM Overseas is currently trading at Rs. 1050.00, up by 7.20 points or 0.69% from its previous closing of Rs. 1042.80 on the BSE.

The scrip opened at Rs. 1050.00 and has touched a high and low of Rs. 1079.00 and Rs. 1002.70 respectively. So far 696 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 1,079.00 on 26-Feb-2021 and a 52 week low of Rs. 119.00 on 20-Mar-2020.

Last one week high and low of the scrip stood at Rs. 1079.00 and Rs. 801.00 respectively. The current market cap of the company is Rs. 384.74 crore.

The promoters holding in the company stood at 73.62%, while Institutions and Non-Institutions held 5.76% and 20.62% respectively.

GRM Overseas’ wholly owned subsidiary -- GRM Foodkraft has launched new product i.e. Spices. This product will cater into both Domestic & International market.  

GRM Overseas is presently engaged in the business of processing and sale of rice.


Peers
Company Name CMP
Nestle India 1279.00
Varun Beverages 436.00
Britannia Industries 4790.00
LT Foods 420.10
Hatsun Agro Product 1070.35
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