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GRM Overseas, India's third-largest rice exporter, said on Wednesday that it bought a 44% stake in the parent of instant coffee maker Rage Coffee, as a part its move to invest in various new-age consumer brands. GRM, which mainly deals with rice, flour and edible oils, said it bought the stake in Swmabhan Commerce through primary infusion and secondary buyouts, but did not disclose financial details, citing confidentiality reasons. The company becomes the largest shareholder in thre...
Indian rice exporter GRM Overseas buys stake in Rage Coffee in push into new-age brands
GRM Overseas is currently trading at Rs. 264.95, up by 2.15 points or 0.82% from its previous closing of Rs. 262.80 on the BSE. The scrip opened at Rs. 267.65 and has touched a high and low of Rs. 276.25 and Rs. 262.20 respectively. So far 33411 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 286.15 on 19-Aug-2024 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...
GRM Overseas surges on launching new strategic platform `10X Ventures`
GRM Overseas is currently trading at Rs. 203.85, up by 1.90 points or 0.94% from its previous closing of Rs. 201.95 on the BSE. The scrip opened at Rs. 201.00 and has touched a high and low of Rs. 205.65 and Rs. 200.40 respectively. So far 8223 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....
GRM Overseas gains on entering into strategic partnership with Solariz Invest
Below the Quote on budget reaction by Atul Garg, Managing Director, GRM Overseas Limited Agriculture remains a cornerstone of this budget, with a provision of ?1.52 lakh crore aimed at boosting productivity and resilience. The introduction of high-yielding and climate-resilient crop varieties, promotion of natural farming, and digital public infrastructure for agriculture underscore the government's forward-thinking approach to sustainable development. The emphas...
Post-Budget 2024 on Transforming Agriculture with Digital and Eco-Friendly Initiatives by Atul Garg, GRM Overseas
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...
GRM Overseas rises on launching `Gulistan Kachi Ghani Mustard Oil`
GRM Overseas is currently trading at Rs. 219.30, up by 12.15 points or 5.87% from its previous closing of Rs. 207.15 on the BSE. The scrip opened at Rs. 212.00 and has touched a high and low of Rs. 226.70 and Rs. 212.00 respectively. So far 109373 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 ...
GRM Overseas moves higher on the bourses
GRM Overseas is currently trading at Rs. 199.45, up by 5.75 points or 2.97% from its previous closing of Rs. 193.70 on the BSE. The scrip opened at Rs. 191.50 and has touched a high and low of Rs. 204.95 and Rs. 191.50 respectively. So far 126957 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 R...
GRM Overseas climbs on bagging new order worth Rs 60 crore from Bin Awadh Alnaqeeb Group
GRM Overseas, one of the leading Indian basmati rice exporters and India’s leading food FMCG, has announced that the Board has approved the fund-raise of Rs.136.5 core through the issue of share warrants on preferential basis to 33 promoters and non-promoter investors. The Board has approved the allotment of up to 91,00,000 share warrants at an issue price of Rs. 150 including premium of Rs. 148 per warrant. The fund raised will be used for expanding &ld...
GRM Overseas raises Rs. 136.5 crore through convertible warrants
Post Budget Quote by Atul Garg, MD, GRM Overseas. “The integration of mandis into the Electronic National Agricultural Market signals a monumental step towards inclusive growth for our farmers. The government's unwavering support for 'Anna Datas' through schemes like PM Kisan Samman Yojana and PM Fasal Bima Yojana showcases a commitment that resonates with the agricultural backbone of our nation. The emphasis on value addition and income enhancement, a...
Post Budget Quote : The integration of mandis into the Electronic National Agricultural Market signals a monumental step towards inclusive growth for our farmers says Atul Garg, MD, GRM Overseas
Below the Quote On Government`s Decision To Reduce The Basmati Rice Export Floor Price By Mr. Atul Garg MD GRM Overseas"The government?s decision to reduce the minimum export price (MEP) of basmati rice from $1200 to $950 a tonne is a welcome development, as it will reinstate competitiveness of Indian basmati rice shipments at the global markets. Exporters are now working towards regaining the lost ground. As a result, the buying cycle is showing signs of getting the momentum back. ...
Quote On Government`s Decision To Reduce The Basmati Rice Export Floor Price By Mr. Atul Garg, GRM Overseas
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