Rice exporter’s shares cool off after board clears bonus proposal

GRM Overseas stock slipped after investors booked profits following the bonus issue approval.

Live Market Updates

Latest Financial News

neutral
5 days ago

Rice exporter’s shares cool off after board clears bonus proposal

Rice exporter’s shares cool off after board clears bonus proposal
GRM Overseas shares witnessed profit booking after the company’s board approved a bonus issue of shares. The stock moved lower as investors locked in recent gains following the announcement, with market participants weighing the long-term impact of the corporate action against near-term valuation levels.
Companies:
  • GRM Overseas
Tags:
  • stocks
  • bonus issue