GRM Overseas rises on launching `Gulistan Kachi Ghani Mustard Oil`
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GRM Overseas is currently trading at Rs. 209.75, up by 2.20 points or 1.06% from its previous closing of Rs. 207.55 on the BSE.
The scrip opened at Rs. 211.15 and has touched a high and low of Rs. 212.70 and Rs. 204.10 respectively. So far 27838 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 231.35 on 08-Sep-2023 and a 52 week low of Rs. 114.15 on 13-Mar-2024.
Last one week high and low of the scrip stood at Rs. 226.70 and Rs. 198.15 respectively. The current market cap of the company is Rs. 1254.60 crore.
The promoters holding in the company stood at 72.16%, while Institutions and Non-Institutions held 0.26% and 27.58% respectively.
GRM Overseas has launched its packaged products - ‘Gulistan Kachi Ghani Mustard Oil’ under the ‘10X Shakti’ Brand under its subsidiary company GRM Foodkraft. The mustard oil pack which comes in 1L Bottles and 5L Jars will be available across the country. The Launch of Gulistan Kachi Ghani Mustard Oil is a part of GRM Overseas aim to strengthen product offering of its material subsidiary GRM Foodkraft.
GRM Overseas is presently engaged in the business of processing and sale of rice.
