MediumPositive
Announced Fri, 19 Jun · 17:30 IST
Small-cap FMCG stock ends in green territory after promoter's stake raise move
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
GRM Overseas ended in the green at about Rs 93 on Friday after promoter group member Atul Garg raised his stake by an additional 0.05 percent (99,546 shares) through open-market transactions on June 17. The move comes amid a sharp 42 percent correction in June 2026, with the stock now trading nearly 50 percent below its all-time high of Rs 185. Q4 FY26 revenue surged 104.94 percent year-on-year to Rs 597.20 crore, though net profit grew only 5.51 percent to Rs 21.61 crore due to margin pressure from rising costs.