Gallantt Ispat Achieves Record High Amid Broader Market Downturn

Gallantt Ispat Ltd., a midcap player in the Iron & Steel Products industry, has shown significant activity today, gaining 7.26% on July 10, 2025. The stock reached a new 52-week and all-time high of Rs. 586.35, marking a notable intraday increase of 6.6%. Over the past three days, Gallantt Ispat has demonstrated a strong upward trend, accumulating returns of 8.85%.
In terms of performance metrics, Gallantt Ispat has outperformed its sector by 6.03% today. The stock opened with a gap up of 3.6%, indicating positive market sentiment. Additionally, it is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a robust technical position.

In contrast, the broader market is experiencing a downturn, with the Sensex down by 0.27% after a positive opening. Despite this, Gallantt Ispat's performance remains strong, with impressive returns over various time frames: 67.72% over the past year and a remarkable 720.18% over the last three years. This performance underscores Gallantt Ispat's solid market position within the iron and steel sector.