GRM Overseas promoter lifts stake to 20.51% as stock claws back from 42% June slide
Rice exporter and FMCG small-cap GRM Overseas closed higher after promoter Atul Garg raised his holding by 0.05% via 99,546 shares. FY26 revenue grew 31% to ₹1,769 crore and net profit rose 21% to ₹74.3 crore, even as the stock has shed 42% in June.
What happened
GRM Overseas, a rice exporter and FMCG small-cap, rose after promoter Atul Garg raised his stake by 0.05% to 20.51%. FY26 revenue grew 31% to ₹1,769 crore;
Key facts
- ₹93
- 0.05%
- 99,546 shares
- 20.51%
- 62.5%
- ₹21.61 crore Q4 net profit
- ₹597.20 crore Q4 revenue (+104.94% YoY)
- ₹1,769.20 crore FY26 revenue (+31.22%)
- ₹74.34 crore FY26 net profit (+21.39%)
- stock down 42% in June
Why this matters
GRM's depressed valuation against rising promoter stake and ₹1,769 crore revenue base flags it as a strategic watch for rice/FMCG consolidation plays.