Gallantt Ispat Faces Continued Stock Decline Amid Broader Market Challenges

Feb 12 2025 10:35 AM IST
share
Share Via
Gallantt Ispat, a midcap player in the steel industry, has faced a notable decline in stock performance, marking four consecutive days of losses and a cumulative drop over this period. The company has underperformed its sector and is trading below key moving averages, indicating ongoing challenges.
Gallantt Ispat, a midcap player in the Steel/Sponge Iron/Pig Iron industry, has experienced a significant decline in its stock performance today, losing 5.18% as of February 12, 2025. This downturn marks the fourth consecutive day of losses for the company, with a cumulative drop of 13.37% over this period.

In terms of market performance, Gallantt Ispat underperformed its sector by 3.02%. The stock reached an intraday low of Rs 305.4, reflecting a decrease of 4.73% during the trading session. Additionally, Gallantt Ispat is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in its short to long-term performance.

Over the past month, the stock has declined by 8.38%, while the broader Sensex index has only seen a 2.22% decrease. This performance highlights the challenges Gallantt Ispat is facing in the current market environment.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News