Gallantt Ispat Achieves 52-Week High Amid Broader Market Challenges

Gallantt Ispat Ltd., a midcap player in the Iron & Steel Products industry, has made headlines today as its stock price reached a new 52-week high of Rs. 515. This milestone was achieved on June 23, 2025, marking a significant moment for the company. The stock has shown impressive performance, outperforming its sector by 1.1% and recording a consecutive gain over the last four days, with a total return of 13.62% during this period.
Intraday trading saw the stock hit a high of Rs. 515, reflecting a 2.32% increase, while it also experienced a low of Rs. 490.15, down by 2.61%. Notably, Gallantt Ispat is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend in its price performance.

In contrast, the broader market is facing challenges, with the Sensex down by 0.88% after opening lower. Despite this, Gallantt Ispat's one-year performance stands out at 41.59%, significantly surpassing the Sensex's 5.77% return. The stock's 52-week low was recorded at Rs. 287.2, highlighting its remarkable recovery and growth trajectory.