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Gallantt Ispat Ltd. (GALLANTT)

₹319.53.78%

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Overview
News
Financials
Q1 2024 Results
Technicals

Performance

  • Day's Low

    Day's High

    ₹301.05
    ₹323.2
  • 52 Week's Low

    52 Week's High

    ₹68.05
    ₹384
1 Month Return-13.92 %
3 Month Return+ 16.99 %
1 Year Return+ 326.09 %
Previous Close₹307.85
Open₹304.05
Volume61.46K
Upper Circuit-
Lower Circuit-
Market Cap₹7,427.83Cr

Key Statistics

P/E Ratio33
PEG Ratio9.45
Market Cap₹7,427.83 Cr
P/B Ratio0.61
EPS3.28

Company Information

Gallantt Metal Ltd., a member of the Gallantt Group family, produces iron, steel and power in India. The company is engaged in the manufacturing of steel and steel products along with a power plant and has an investment of Rs. 220 crores on a site 122 acres big in Kutch, Gujarat. It operates in two segments: Steel and Power and produces products such as Sponge Iron, M.S. Billets, Re-Rolled Products, TMT Bars, and M.S. Bars. The company was founded in February 2005 in Kolkata. In December 2005, they started their Phase I commercial operations and in March 2007, the Phase II project was commissioned, i.e. the 25MW Captive Power Plant. Since 2009-10 they have taken many strategic decisions to increase their volume and profitability, and have expanded market in Gujarat, Maharashtra and Rajasthan. They have also acquired 106 acres of land in Koppal, Karnataka for their expansion plans. The National Company Law Tribunal Kolkata and New Delhi also passed orders in 2021 and 2022 respectively for the amalgamation of slip sale of the 18 MW power plant of Gallantt Ispat Limited to Gallantt Metal Limited followed by the amalgamation of Gallantt Ispat Limited along with other companies and shareholders/creditors. The company further invested Rs. 1.80 crores to make Gallantt Metalliks Limited a wholly owned subsidiary, effective from May 10, 2022.

Share Price: ₹319.50 per share as on 22 Jul, 2024 01:52 PM
Market Capitalisation: ₹7,427.83Cr as of today
Revenue: ₹1,177.39Cr as on March 2024 (Q1 24)
Net Profit: ₹95.39Cr as on March 2024 (Q1 24)
Listing date: 04 Apr, 2006
Chairperson Name: Chandra Prakash Agrawal
OrganisationGallantt Ispat Ltd.
Headquarters
IndustrySteel
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Key events for Gallantt Ispat Ltd.

  • Gallantt Ispat's P/E Ratio Raises Concerns Among Investors - 21 Jun, 2024

    Gallantt Ispat's shares have gained 25% in the last month, but its high P/E ratio of 37.7x is concerning to investors as it has been declining over the medium-term despite impressive earnings growth. The company's recent bounce in share price may not be sustainable if earnings trends continue, putting shareholders' investments at risk.

  • Gallantt Ispat Wins Bid for Iron Ore Block in Rajasthan - 18 Jun, 2024

    Gallantt Ispat Ltd. has been declared the successful Preferred Bidder for an iron ore block in Rajasthan, leading to a 5% surge in share prices. The mine will ensure in-house supply of raw material and bring operational flexibility, resulting in significant cost savings and increased profitability.

Insights on Gallantt Ispat Ltd.

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 4 quarters, 30.72 Cr → 95.39 Cr (in ₹), with an average increase of 29.9% per quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 3 quarters, 951.93 Cr → 1.18K Cr (in ₹), with an average increase of 10.2% per quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 0.02% to 0.16% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, GALLANTT has outperformed top 5 stocks with highest market-cap in Iron & Steel

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, GALLANTT has outperformed top 5 stocks with highest market-cap in Iron & Steel

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 68.93% of holdings in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, GALLANTT stock has moved down by -8.2%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 31.04% to 30.91% in Jun 2024 quarter

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹1,177.39Cr
↑10.80%
Net Income
₹95.39Cr
↑83.51%
Net Profit Margin
8.10%
↑65.64%
2021Y/Y Change
Revenue
₹1,007.05Cr
↑16.42%
Net Income
₹56.79Cr
↑659.22%
Net Profit Margin
5.64%
↑555.81%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹3,017.42Cr
↑9.63%
Total Liabilities
₹792.39Cr
↑18.41%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹95.56Cr
↓59.16%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
68.93%
0.00
Foreign Institutions
0.16%
559.67
Mutual Funds
0%
0.00
Retail Investors
30.91%
-0.43
Others
0%
-100.00

Key Indicators

Gallantt Ispat Ltd. Valuation

Gallantt Ispat Ltd. in the last 5 years

  • Overview

  • Trends

Lowest (2.48x)

August 22, 2019

Industry (29.02x)

July 19, 2024

Today (33.00x)

July 19, 2024

Highest (40.72x)

July 2, 2024

LowHigh

Earnings and Dividends

  • Gallantt Ispat Ltd. Earnings Results

    Gallantt Ispat Ltd.’s net profit jumped 40.44% since last year same period to ₹95.39Cr in the Q4 2023-2024. On a quarterly growth basis, Gallantt Ispat Ltd. has generated 83.51% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Gallantt Ispat Ltd. Dividends April,2019

    In the quarter ending March 2019, Gallantt Ispat Ltd. has declared dividend of ₹0.25 - translating a dividend yield of 0.16%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Gallantt Ispat Ltd. is currently in a Bullish trading position according to technical analysis indicators.

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Gallantt Ispat Ltd. (GALLANTT) share price today is ₹319.5

Gallantt Ispat Ltd. is listed on NSE

Gallantt Ispat Ltd. is listed on BSE

  • Today’s highest price of Gallantt Ispat Ltd. is ₹323.2.
  • Today’s lowest price of Gallantt Ispat Ltd. is ₹301.05.

PE Ratio of Gallantt Ispat Ltd. is 33

PE ratio = Gallantt Ispat Ltd. Market price per share / Gallantt Ispat Ltd. Earnings per share

Today’s traded volume of Gallantt Ispat Ltd.(GALLANTT) is 61.46K.

Today’s market capitalisation of Gallantt Ispat Ltd.(GALLANTT) is ₹7427.83Cr.

Gallantt Ispat Ltd.(GALLANTTPrice
52 Week High
₹384
52 Week Low
₹68.05

Gallantt Ispat Ltd.(GALLANTT) share price is ₹319.5. It is down -16.80% from its 52 Week High price of ₹384

Gallantt Ispat Ltd.(GALLANTT) share price is ₹319.5. It is up 369.51% from its 52 Week Low price of ₹68.05

Gallantt Ispat Ltd.(GALLANTTReturns
1 Day Returns
11.65%
1 Month Returns
-13.92%
3 Month Returns
16.99%
1 Year Returns
326.09%