GRM Overseas shares jumped 4% in morning trade after the company announced a partnership with Solariz Invest in Chile.
This partnership marks an important moment in GRM’s global expansion strategy, offering its renowned basmati rice brand ‘Tanoush’ to Chilean consumers via Solariz Invest’s large distribution network.
As per the contract, Solariz Invest will be the only distributor of GRM Overseas products in Chile. Solariz Invest, with its strong presence and experience in the region, is well-positioned to help GRM enhance market penetration and brand visibility.
GRM Overseas shares opened at ₹219.90 today, reaching a high of ₹228.00 and a low of ₹216.00. The stock is currently trading below its 52-week high of ₹289.00, but significantly above its 52-week low of ₹113.00.
As of 10:15 am, GRM Overseas shares were trading 4.65% higher at Rs 228.65 on the NSE.
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