Gallantt Ispat Shows Strong Momentum Amid Broader Market Decline in Iron & Steel Sector

Jun 19 2025 03:50 PM IST
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Gallantt Ispat Ltd., a midcap player in the Iron & Steel Products industry, experienced notable gains on June 19, 2025, outperforming the broader market. The stock has shown impressive long-term growth, significantly exceeding the performance of the Sensex over three and five years, indicating a strong market position.
Gallantt Ispat Ltd., a midcap player in the Iron & Steel Products industry, has shown significant activity today, gaining 5.03% on June 19, 2025. This performance marks a notable outperformance against the broader market, as the Sensex has dipped by 0.1% during the same period. Over the last two days, Gallantt Ispat has recorded a cumulative return of 7.87%, indicating a positive trend.

The stock reached an intraday high of Rs 480.95, reflecting a 5.24% increase, while it also saw a low of Rs 445.8, down by 2.45%. Gallantt Ispat is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward momentum.

In terms of longer-term performance, Gallantt Ispat has demonstrated impressive growth, with a 3-year increase of 584.74% and a staggering 5-year rise of 1524.37%, significantly outpacing the Sensex's respective gains of 58.41% and 134.26%. This consistent performance highlights Gallantt Ispat's robust market position within the iron and steel sector.
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