The company’s 52-week share price range is Rs 331.85 to Rs 122.20, further underlining its multibagger status over the past year. (Image Source: iStockphoto)
Acuite justified the reaffirmation by highlighting GRM’s “healthy financial risk profile, strong liquidity position, and revenue improvement in 9MFY2025,” even as margins witnessed some moderation. The agency further noted the company’s “extensive management experience and strong brand equity” in the agri-food sector.
Despite this, Acuite flagged persistent challenges in the business such as the working capital-intensive nature of operations, vulnerability to agro-climatic factors, export market dependencies, and foreign exchange fluctuations.
The company’s 52-week share price range is Rs 331.85 to Rs 122.20, further underlining its multibagger status over the past year.
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