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GRM Overseas Ltd. ( (IN:GRMOVER) ) has shared an update.
GRM Overseas Limited has entered into a strategic partnership with Seven Star Company Limited to distribute its flagship basmati rice brand ’10X’ across Saudi Arabia. This collaboration is a significant step in GRM’s strategy to enhance its presence in international markets, particularly in the Middle East, leveraging Seven Star’s robust distribution network to reach a broader consumer base.
More about GRM Overseas Ltd.
GRM Overseas Limited is a leading Indian basmati rice exporter and a fast-growing FMCG company. Established in 1974, it has expanded its market reach to over 50 countries, including the Middle East, the UK, and the USA. The company operates three rice processing units in India and has a significant warehousing facility to support its export operations. GRM sells products under its own brands, such as ’10X’, ‘Himalaya River’, and ‘Tanoush’, and through private label arrangements.
Average Trading Volume: 46,396
Technical Sentiment Signal: Buy
Current Market Cap: 24.4B INR
Find detailed analytics on GRMOVER stock on TipRanks’ Stock Analysis page.