GRM Overseas is a small-cap stock in the FMCG sector. The company is engaged in milling, processing and marketing branded and non-branded basmati rice.
The company is now also planning to enter the wheat flour market. GRM Overseas has appointed famous Bollywood actor Salman Khan as its brand ambassador to quickly take and popularize its wheat flour product among the people. GRM Overseas announced yesterday that it has appointed Bollywood superstar Salman Khan as its brand ambassador. Following this, despite the sluggish stock market situation yesterday, the share price of GRM Overseas rose sharply. The share price of GRM Overseas rose more than 8 percent during trading on the Bombay Stock Exchange yesterday.

At the close of trading, the stock closed at Rs 260.60, up about 4 percent from the previous trading day. Atul Garg, Managing Director, GRM Overseas, said, “We are delighted to announce the launch of an ambitious campaign for 10x Classic Chukki Fresh Atta with the support of our new brand ambassador Salman Khan. As one of India’s leading FMCG companies, we support the importance of innovation and quality in driving the industry forward, especially in the packaged staples market.” The US stock market crashed. Indian stock markets rocked. GRM Overseas stock has given investors multi-packer gains over the long term. The company’s stock has grown by 2,467 percent in the last 5 years.

The company earned a revenue of Rs 244.51 crore in the December 2024 quarter. Also in the same quarter, the company earned a net profit of Rs. 11.95 crore. In the last financial year 2023-24, GRM Overseas had earned a revenue of Rs. 1,186 crore and a net profit of Rs. 52 crore. Rs. 1 lakh to Rs. 5.46 crore… Avanti Feeds has once again touched a new high.