By Admin 
Grm Overseas Multibagger Stock: Sometimes such stocks appear in the stock market, which perform much better than the expectations of investors. By increasing gradually, these shares increase people’s income manifold by giving excellent returns in a few years. These are called multibagger stocks.
In this list, Grm Overseas has attracted the attention of investors by giving strong returns of about 1250 percent in the last five years. It has also created a strong identity in the market. Let us know about this…
Got Rs 12.50 lakh on investment of Rs 1 lakh
GRM Overseas company shares have given excellent returns to its investors in the long run. If an investor had invested Rs 1 lakh in it five years ago, today his investment amount would have increased to around Rs 12.50 lakh.
This is the reason why there is constant curiosity in the market regarding this stock. After recent corporate updates, this stock has once again become a topic of discussion among investors and analysts.
The financial position of the company became stronger
Recently, important information regarding warrant conversion has come to light from the company. The board has approved conversion of a large number of warrants into equity shares. Through which the company has received an amount of more than Rs 86 crore.
After this process, the company no longer has any warrants pending. This has not only strengthened the balance sheet, but also strengthened the confidence of investors.
Company’s condition in stock market
A rise was seen in the company shares on BSE on Friday, 6 February. The company shares ended the day trading at Rs 165.30, up 1.91 per cent or Rs 3.10. The intraday high of the day was Rs 166.20.
Talking about the 52-week high level of company shares, during this period the shares had touched the figure of Rs 185.55. At the same time, the 52 week low level was Rs 66.05.
Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)
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