NSE: GALLANTT · 29 October 2026
- Gallantt Ispat Ltd. (GALLANTT) advanced 6.48% today, closing at ₹572.0 after moving between an intraday low of ₹534.0 and a high of ₹581.5.
- Gallantt Ispat Limited submitted its unaudited financial results for the quarter and half-year ended September 30, 2026, reporting revenue from operations of ₹1,145.89 crores and a net profit of ₹60.51 crores. The company's EBITDA for the quarter stood at ₹110.52 crores with a margin of 9.64%, while capacity utilization reached 70%.
- Trading volume was 0.68 times the 20-day average daily volume.
Why is Gallantt Ispat share price rising on 29 October 2026?
Gallantt Ispat Ltd. (GALLANTT) advanced 6.48% today, closing at ₹572.0 after moving between an intraday low of ₹534.0 and a high of ₹581.5.
The broader market and sectoral benchmarks demonstrated positive momentum, with the Nifty rising 1.05% and the Nifty Metal sector increasing by 0.67%. Gallantt Ispat's advance outpaced the sector benchmark, supported by positive return momentum over the past five trading days at 3.87% and twenty trading days at 6.10%.
Company context includes the release of financial results for the period ended September 30, 2026, showing revenue from operations at ₹1,145.89 crores and net profit at ₹60.51 crores. While these operating numbers provide fundamental backdrop, today's price action aligns with broader strength across metal equities and a continuation of recent positive return trends.
28.85 lakh shares traded by 29 October 2026 · 03:25 PM IST. This compares with a 20-day average daily volume of 42.53 lakh shares (0.68 times). The five-day average daily volume was 6.52 lakh shares. Separately, the NSE report for 28 October 2026 showed 52,600 shares delivered, representing 24.56% of that day’s traded volume. The same report recorded 11,108 trades.
Gallantt Ispat's 6.48% gain aligns with positive broader market and metal sector sentiment, building upon positive return trends over the trailing five and twenty trading days following its recent quarterly financial disclosure.
Latest Company Developments
Gallantt Ispat Limited submitted its unaudited financial results for the quarter and half-year ended September 30, 2026, reporting revenue from operations of ₹1,145.89 crores and a net profit of ₹60.51 crores. The company's EBITDA for the quarter stood at ₹110.52 crores with a margin of 9.64%, while capacity utilization reached 70%.
Quarterly financial disclosures provide baseline visibility into the company's operational execution, cost position, and margin trends across its manufacturing units.
Following an inquiry from the National Stock Exchange regarding a significant increase in trading volume, Gallantt Ispat clarified that the price and volume movement was purely market-driven. The management confirmed that all material disclosures under Regulation 30 had been duly made without withholding any price-sensitive information.
The exchange clarification reassures investors regarding regulatory compliance and confirms the absence of undisclosed material events influencing trading activity.
The company submitted the consolidated scrutinizer's report and voting results for its 22nd Annual General Meeting held on September 30, 2026. Shareholders approved all proposed ordinary and special resolutions, including the adoption of financial statements, the re-appointment of directors, and the declaration of a final dividend of ₹2 per equity share.
Successful conclusion of AGM business and dividend approval formalize capital allocation decisions and corporate governance filings for the fiscal year.
Gallantt Ispat Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026.
Significant increase in volume has been observed in Gallantt Ispat Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Gallantt Ispat Limited has submitted their response.
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 0.08% on 30 September 2026. This compares with 0.08% on 30 June 2026, a change of +0.00 percentage points.
The filing reported 17 MF/UTI holders.
Historical Bulk / Block Deals
What to Watch Next
- Execution progress on the company's ongoing capital expenditure program and self-funded capacity expansion plans.
- Delivery percentages and cash volume trends relative to the 20-day average volume in upcoming sessions.
- Raw material sourcing developments concerning the development of allotted iron ore mines.
- Quarterly operating margin stability amidst fluctuations in steel realization and raw material costs.
More Gallantt Ispat news and dated analysis →
Frequently Asked Questions
What is the latest Gallantt Ispat company news?
Gallantt Ispat Limited submitted its unaudited financial results for the quarter and half-year ended September 30, 2026, reporting revenue from operations of ₹1,145.89 crores and a net profit of ₹60.51 crores. The company's EBITDA for the quarter stood at ₹110.52 crores with a margin of 9.64%, while capacity utilization reached 70%.
How strong was Gallantt Ispat’s trading volume?
28.85 lakh shares traded, 0.68 times the 20-day average daily volume. The price and volume data are dated 29 October 2026 · 03:25 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.