Gallantt Ispat Shares Surge 14% Amid Market Decline
Gallantt Ispat Share Price Jumps 14% Amid Broader Market Weakness
The Indian stock market experienced a decline in deals on Tuesday, April 7, amidst concerns over the intensifying US-Iran war in the Middle East. However, Gallantt Ispat's share price bucked the trend, rising 14% to its day's high of ₹644 on the BSE.
The Sensex fell 824 points, or 1.1%, to 73,282.41, while the Nifty 50 declined 249 points, or 1%, to the day's low of 22,719.30. Despite the broader market weakness, Gallantt Ispat's operational performance for the March quarter (Q4FY6) and full year ended FY26 was strong.
| Metric | Q4FY25 | Q4FY26 | YoY Change |
|---|---|---|---|
| Steel Production (MT) | 0.22 | 0.24 | 9% |
| Steel Sales (MT) | 0.21 | 0.23 | 9% |
| Power Generation (MU) | 1,96,431 | 2,23,789 | 14% |
| Pellet Production (MT) | 1,39,697 | 2,21,612 | 59% |
| Sponge Iron Production (MT) | 1,77,072 | 2,44,555 | 38% |
| Billet Production (MT) | 2,14,807 | 2,35,212 | 9% |
| M.S. Bar Production (MT) | 1,93,382 | 2,10,243 | 9% |
Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data
Gallantt Ispat's capacity utilisation stood at 91% in Q4 FY26 and 86% in FY26. The company's steel production came in at 0.24 million tonnes in Q4, up 9% year-over-year (YoY), and 0.88 million tonnes in FY26, up 3% YoY. Steel sales stood at 0.23 million tonnes in Q4, up 9% YoY, and 0.85 million tonnes in FY26, up 3% YoY.
The company's power generation rose 14% YoY to 2,23,789 mega units in Q4 FY26 from 1,96,431 mega units in Q4 FY25. For the full year, power generation increased 6% YoY to 8,54,292 mega units from 8,05,914 mega units. Pellet production posted the sharpest jump, rising 59% YoY to 2,21,612 MT in the March quarter from 1,39,697 MT a year ago.
| Metric | FY25 | FY26 | YoY Change |
|---|---|---|---|
| Pellet Production (MT) | 5,99,050 | 8,18,865 | 37% |
| Sponge Iron Production (MT) | 7,53,542 | 9,14,749 | 21% |
| Billet Production (MT) | 8,68,400 | 8,83,400 | 1% |
| M.S. Bar Production (MT) | 7,52,992 | 7,87,593 | 5% |
| Billet Sales (MT) | 68,622 | 81,237 | 18% |
| M.S. Bar Sales (MT) | 7,52,992 | 7,65,815 | 2% |
Gallantt Ispat's stock has given multibagger returns in the long term, rallying 1100% in 5 years. It has also advanced almost 62% in the last 1 year. The stock has added 13% in the past 3 months and 19.5% in the last 1 month. It is currently around 20% away from its 52-week high of ₹800.60, hit in August 2025, whereas the stock touched its 52-week low of ₹361 in April 2025.
Read also: US-Iran Tensions Spark Uptick in Oil Prices Amid Global Market Decline
Investor Takeaway
Investors should take note of Gallantt Ispat's strong operational performance and capacity utilisation.
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