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Indian stock market today witnessed tremendous high-voltage drama and huge fluctuations in the stock of a very famous and leading small cap company. We are talking about GRM Overseas, whose shares had started today’s trading session with a very bright and green mark, but under the pressure of sharp profit-booking at the upper levels, the stock finally closed in the red. The heartbeats of investors in this stock increased rapidly when it touched its new 52-week low (52-Week Low) during today’s trading. This huge movement and upheaval in the stock market has been witnessed at the very time when the company officially informed the stock exchanges that its main promoter has further strengthened his stake in the company by purchasing huge amount of additional equity shares from the open market.
Open direct 52-week LO at Rs 100, know the complete situation of today’s market
On the Bombay Stock Exchange (BSE), the shares of GRM Overseas opened today at the level of Rs 100 with a rise of Rs 98.50 compared to its previous closing price of Rs 98.50. Due to tremendous increase in trading volume in early trade, this share gained a huge gain of 4.31 percent and reached a high of Rs 102.75. But after this the market mood deteriorated and due to heavy selling by investors at higher levels, the stock fell to the lowest level of Rs 89.20, which is its new 52-week low. Recall that the 52-week high level of this stock was Rs 185.55. At the end of today’s trading, the company’s shares closed at Rs 90.30 with a fall of Rs 8.32 and after this fall, the total market capitalization (Market Cap) of the company was recorded at Rs 1,871.11 crore. However, for long-term investors the stock remains a multibagger, having made its shareholders rich by giving a handsome return of 6,689.47 per cent in the last 10 years.
Promoter Atul Garg picked up 1.50 lakh shares from the open market, a big increase in his stake.
According to the official information shared by the company to the stock exchanges, GRM Overseas promoter Atul Garg has purchased entire 1.50 lakh new equity shares of the company through open market trading on June 8, 2026, with the face value of each share being Rs 2. Before this new purchase, promoter Atul Garg and his associates held a total of 12,96,14,445 shares of the company. But after executing this additional block deal and purchase from the open market, now their combined stake in the company has increased significantly to 12,97,64,445 shares. The promoter buying shares of his own company in this way is considered a positive sign for the future in the market.
Bumper profit in the fourth quarter: Net profit crossed Rs 74.34 crore
Amidst this temporary decline in the stock, the financial results of the company have been very excellent and encouraging. According to the released consolidated financial results for the fourth quarter of FY 2026, the consolidated net profit of the company has shown a strong growth to reach the level of Rs 74.34 crore, which was only Rs 61.24 crore in the previous financial year 2025. Along with profits, the total income of the company has also seen an impressive annual growth of 31.4 percent and has now directly increased to Rs 1,805.85 crore as compared to Rs 1,374.20 crore in FY 2025. Similarly, the company’s total revenue from operations has also reached a remarkable high of Rs 1,769.20 crore in FY 2026 as compared to Rs 1,348.19 crore in the last financial year.
Food and edible oil sector wins, becomes biggest support in company’s earnings
According to the management of GRM Overseas, their core business i.e. Food Sector has played the biggest and main role in the growth of the company this time too. The food vertical alone has generated a whopping total revenue of Rs 1,289.03 crore in FY26, which is significantly higher than Rs 1,030.22 crore in the previous financial year. Apart from this, the edible oil sector of the company has also impressed everyone with its performance. The total revenue from edible oil business has taken a huge jump from Rs 303.15 crore in FY 2025 to Rs 479.98 crore in FY 2026, indicating the company’s continuous expansion.
