Stock Under Rs 300: This FMCG share beneficial properties over 2% right now – Check particulars

Shares of home-grown FMCG (Fast-moving client items) participant GRM Overseas gained over two per cent right now, i.e. on May 29, 2025, after the corporate reported its monetary outcomes for the January-March quarter of the FY25. The scrip began the session within the crimson at Rs 295.30 on the BSE towards the earlier shut of Rs 296.25. It dipped additional to the touch the low of Rs 294. However, it rebounded to the touch the intraday excessive of Rs 298.25 – a achieve of two.05 per cent. The constructive momentum within the inventory comes after three days of consecutive fall. Last seen, the scrip was buying and selling at Rs 297.15. 

The 52-week excessive of the BSE smallcap inventory is Rs 340.05 and the 52-week low is Rs 122.20. The market cap of the corporate is Rs 1,799.40 crore. 

Quarterly Results

The firm, in an alternate submitting, stated that its consolidated internet revenue stood at Rs 20.47 crore within the quarter into account. The firm had earned a revenue of Rs 21.16 crore in the identical quarter of the final fiscal.

The firm’s income from operations stood at Rs 291.38 crore within the January-March quarter as towards Rs 405 crore posted in the identical quarter of FY 2024. 

For the complete fiscal yr, the corporate’s revenue elevated marginally to Rs 61.23 crore from Rs 60.71 crore within the previous fiscal.

Meanwhile, the board of administrators of the corporate has authorised the conversion of 13,52,000 convertible warrants into 13,52,000 fairness shares of face worth of Rs 2 every, on a preferential foundation.

Last yr, the corporate’s board authorised the allotment of as much as 91,00,000 share warrants at a difficulty worth of Rs 150, together with a premium of Rs 148 per warrant.

Meanwhile, fairness benchmark indices Sensex and Nifty rebounded in early commerce on Thursday after two days of decline. The soar mirrors a rally in Asian markets after a US federal court docket blocked President Donald Trump’s ‘Liberation Day’ tariffs on imports below an emergency-powers legislation. Also, overseas fund inflows drove fairness markets greater.