Gallantt Ispat Achieves 52-Week High Amid Broader Market Volatility

Jul 10 2025 09:38 AM IST
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Gallantt Ispat Ltd. has reached a new 52-week high of Rs. 580.35, reflecting strong performance in the Iron & Steel Products sector. The stock has gained 6.37% over three days and significantly outperformed the broader market, showcasing a remarkable recovery from its 52-week low of Rs. 287.2.
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. 580.35. This milestone was achieved on July 10, 2025, marking a significant moment for the company. The stock has shown impressive performance, outperforming its sector by 3.52% and recording a consecutive gain over the last three days, with a total increase of 6.37% during this period.

Today, Gallantt Ispat opened with a notable gain of 3.6% and peaked at an intraday high of Rs. 580.35, reflecting a rise of 5.51% from the previous close. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

In contrast, the broader market has experienced some volatility, with the Sensex trading down by 0.08% after an initial positive opening. Despite this, Gallantt Ispat's one-year performance stands out, boasting a remarkable 65.88% increase compared to the Sensex's modest 4.45% gain. The stock's 52-week low was recorded at Rs. 287.2, highlighting its significant recovery and growth trajectory.
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