Gallantt Ispat Ltd.

BSE
GALLANTT •
BUY

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Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
352.39% Gain from 52W Low
22.8
TTM PE Ratio
High in industry
33
Price to Book Ratio
Below industry Median
3
Dividend yield 1yr %
0
TTM PEG Ratio
PEG TTM is less than 1
0.6
RSI
RSI is mid-range
39.1
MFI
MFI oversold
29.3

Gallantt Ispat Ltd. Key Financials

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*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

Gallantt Ispat Ltd. shareholding Pattern

Promoter
68.9%
Foreign Institutions
0.2%
Public
30.9%
Promoter
68.9%
Public
31%
Promoter
68.9%
Public
31%
Promoter
68.9%
Public
31%
Promoter
68.8%
Public
31.2%
Promoter
68.8%
Public
31.2%

Gallantt Ispat Ltd. Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
5
Bearish Moving Averages
11
5Day EMA
322.20
10Day EMA
331.60
12Day EMA
333.50
20Day EMA
334.60
26Day EMA
331.80
50Day EMA
314.20
100Day EMA
277.70
200Day EMA
224.40
5Day SMA
325.00
10Day SMA
333.70
20Day SMA
348.50
30Day SMA
336.50
50Day SMA
311.80
100Day SMA
269.90
150Day SMA
240.30
200Day SMA
203.30
Delivery & Volume
Resistance & Support
305.62
Pivot
Resistance
First Resistance
312.23
Second Resistance
316.62
Third Resistance
323.23
Support
First Support
301.23
Second support
294.62
Third Support
290.23
Relative Strength Index
39.11
Money Flow Index
29.32
MACD
1.65
MACD Signal
9.48
Average True Range
14.97
Average Directional Index
26.33
Rate of Change (21)
-11.50
Rate of Change (125)
70.98
Peer comparison
Compare
Company
Market Price
Market Cap
52W Low
52W High
Jayaswal Neco Industries Ltd.
4421.93
26.15
65.46
Maharashtra Seamless Ltd.
8575.47
463.05
1099.05
Sarda Energy & Minerals Ltd.
9558.34
173.25
308
Sunflag Iron & Steel Company Ltd.
4468.54
159.05
274.15
Welspun Enterprises Ltd.
6418.94
228.5
540.95
Kirloskar Ferrous Industries Ltd.
-
-
-

Gallantt Ispat Ltd. Company background

Founded in: 2005
Managing director: Chandra Prakash Agrawal
Gallantt Metal Ltd, a Gallantt Group of Companies, is engaged in the production of iron, steel, and power primarily in India. The Company is engaged in manufacturing of Steel and Steel products with power plant and having its manufacturing unit at Kutch in the State of Gujarat. It operates in two segments: Steel and Power. Their products include sponge iron, M.S. billets, rerolled products (TMT bars), and M.S. bars. The company is having an integrated steel plant in Kutch, Gujarat, to manufacture Sponge Iron, M.S. Billets, ReRolled products (QST bars) with a captive power plant with an investment of Rs.220 crores. The project has been installed at an area of 122 acres of land.The manufacturing unit comprises of a Steel melt shop with capacity of 1,76,420 MTPA, Sponge Iron unit with a capacity of 99,000 MTPA, a rolling mill with a capacity of 1,68,300 MTPA and captive power plant with a capacity of 25 MW.Gallantt Metal Ltd, a closely held public limited company, was incorporated in February 2005 at Kolkatta. The company was by Chandra Prakash Agrawal, Dinesh R Agarwal, Nitin Kandoi and P B Mercantiles Pvt Ltd. The company was established with a view to set up a plant in Kutch, Gujarat, for manufacturing Sponge Iron, M.S. Billets, Re Rolled products (TMT bars) with a captive power plant.In December 29, 2005, the company commenced their phase I commercial operations. In March 7, 2007, the company commissioned the phaseII of the project which was the 25MW Captive Power Plant. During the year 200910, the company took various strategic initiatives to improve their volumes and profitability. They expanded their market to sell production within the state of Gujarat, Maharashtra and Rajasthan.The company has acquired a land of 106 acres for the expansion plan at Koppal in Karnataka. The company proposes to set up Steel and Power projects in the acquired land.Honorable National Company Law Tribunal, Kolkata Bench and Honorable National Company Law Tribunal, New Delhi Bench, vide their orders dated September 22, 2021 and May 20, 2022 respectively, approved the Scheme of Amalgamation providing for Slump Sale of 18 MW Power Plant of Gallantt Ispat Limited to Gallantt Metal Limited and thereafter Gallantt Ispat Limited (GIL), AAR Commercial Company Limited, Hipoline Commerce Private Limited, Lexi Exports Private Limited and Richie Credit and Finance Private Limited (Transferor Companies) amalgamated with Gallantt Metal Limited (GML) (Transferee Company) and their respective shareholders and creditors.Gallantt Ispat Limited (Transferor Company) was Associate of the Company which amalgamated with the Company and consequent upon the said amalgamation, Gallantt Ispat Limited (Transferor Company) ceased to exist as an Associate. The Company acquired the entire shareholding of M/s. Gallantt Metalliks Limited by investing Rs 18,00,000/ to make M/s. Gallantt Metalliks Limited as a Wholly Owned Subsidiary of the Company effective on May 10, 2022.
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Gallantt Ispat Ltd. FAQs

The past 1-year return of Gallantt Ispat Ltd. [GALLANTT] share was 343.9. The Gallantt Ispat Ltd. [GALLANTT] share hit a 1-year low of Rs. 66.15 and a 1-year high of Rs. 383.6.

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