Gallantt Ispat Ltd.

  • BSE Code : 532726
  • NSE Symbol : GALLANTT
  • ISIN : INE297H01019
  • Industry :STEEL - MEDIUM / SMALL

up-arrow 325.55 14.95(4.81%)

Open Price ()

326.10

Prev. Close ()

310.60

Volume (No’s)

276,844

Market Cap ()

7,854.90

Low Price ()

315.00

High Price ()

326.10

 

Corporate Announcement

03-May-2024 Gallantt Ispat Limited - Copy of Newspaper Publication
02-May-2024 Gallantt Metal Limited - Outcome of Board Meeting
25-Apr-2024 Gallantt Metal Limited - Board Meeting
10-Apr-2024 Gallantt Metal Limited - Other General Purpose
01-Apr-2024 Gallantt Metal Limited - Change in Director

Stock Summary

Market Cap(₹Cr.)

7,834.39

P/E (TTM)

34.76

Book value ()

101.57

Div Yield (%)

0.31

EPS (TTM)

9.34

Face Value ()

10.00

Technical Analysis

Key Level

Resistance 1

313.13

Resistance 2

315.67

Support 1

305.53

Support 2

300.47

Moving Average

30 Days

231.08

50 Days

223.72

100 Days

198.52

200 Days

144.05

Peers Group

Company Market Cap (₹in Cr.) P/E (x) P/B(x) EV / EBITDA(x) Dividend Yield(%) EPS
Gallantt Ispat Ltd. 7,834.39 34.76 0.61 367.36 0.31 9.34
JSW Steel Ltd 213,561.49 21.91 3.25 16943 0.48 39.86
Tata Steel Ltd 207,788.31 11.91 0.95 30248.67 2.12 13.97
Jindal Steel & Power Ltd 95,031.41 19.45 1.35 6323.79 0.21 47.9
Tube Investments of India.. 73,824.53 97.08 14.92 1044.85 0.09 39.32

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Share Holding

CATEGORY NO. OF SHARES PERCENTAGE (%)
Total Foreign 208250 0.09
Total Institutions 0 0.00
Total Govt Holding 0 0.00
Total Non Promoter Corporate Holding 46042181 19.08
Total Promoters 166320810 68.93
Total Public & others 28709704 11.90
Total 241280945 100
  • Total Foreign
  • Total Institutions
  • Total Govt Holding
  • Total Non Promoter Corporate Holding
  • Total Promoters
  • Total Public & others

Corporate Actions

About Company

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, re-rolled 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, Re-Rolled 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...

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