GRM Overseas Stock Sees 7.76% Gain, Outperforms Sector and Sensex

GRM Overseas, a smallcap company in the rice and rice processing industry, saw a positive trend in its stock performance on October 24, 2024. The stock gained 7.76% and closed at Rs 226.75. MarketsMOJO has given a 'Hold' call for the stock.

In terms of price performance, GRM Overseas outperformed its sector by 5.11% on the day. The stock has been on a consecutive gain for the last 2 days and has seen a rise of 8.25% during this period. The intraday high for the stock was Rs 229.5, a 6.3% increase from the previous day.

When compared to moving averages, GRM Overseas is currently trading higher than its 5 day, 100 day, and 200 day moving averages. However, it is trading lower than its 20 day and 50 day moving averages.

In terms of overall market performance, GRM Overseas has outperformed the Sensex by 7.84% on the day. However, over the past month, the stock has seen a decline of 12.26% while the Sensex has declined by 5.76%.

Investors should keep an eye on GRM Overseas as it continues to show positive momentum in its stock performance. However, it is important to note that past performance does not guarantee future results and investors should conduct their own research before making any investment decisions.