New Delhi, May 29 -- Small-cap FMCG stock GRM Overseas inched a little higher in Thursday's trading session after announced its March quarter results and converted 13,52,000 warrants into equity shares on preferential basis.
At 2:00pm, GRM Overseas share price touched an intraday high to Rs.297.95 apiece, against previous close at Rs.295.15 on Wednesday.
The FMCG stock has performed exceptionally well in last one year, almost doubling investors wealth. GRM Overseas share delivered multibagger returns by soaring over 115.37 per cent in a year. Meanwhile, the stock has ascended 48.27 per cent in terms of year-to-date.
The FMCG company posted 51 per cent rise in its net profit quarter to quarter (QoQ) to Rs.20.47 crore for the quarter end...
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