GALLANTT

Feb 5 (Reuters) - Gallantt Ispat Ltd GALM.NS:

• DEC-QUARTER NET PROFIT 1.14 BILLION RUPEES

• DEC-QUARTER REVENUE FROM OPERATIONS 11.18 BILLION RUPEES

Source text: ID:nBSE3wgWNT

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Dec 5 (Reuters) - Gallantt Ispat Ltd GALM.NS:

• GALLANTT ISPAT - SEES FY26 REVENUE AT ABOUT 50 BILLION RUPEES

• GALLANTT ISPAT - SEES FY25 EBITDA MARGINS TO EXPAND BY 200 BASIS POINTS Y/Y TO 13%

Source text: ID:nBSE6vgmK4

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Dec 4 (Reuters) - Gallantt Ispat Ltd GALM.NS:

• GALLANTT ISPAT LTD - HAS BEEN PARTLY REIMBURSED 804.5 MILLION RUPEES AGAINST PAYMENT OF SGST

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Dec 2 (Reuters) - Gallantt Ispat Ltd GALM.NS:

• HAS BEEN PARTLY REIMBURSED 804.5 MILLION RUPEES

Source text: ID:nBSE9nbMYl

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** Shares of Gallantt Ispat Ltd GALM.NS rise as much as 5% to hit record high of 331.80 rupees

** Iron and steel manufacturer says it has been declared as a successful bidder for composite licence for Todupura iron ore block district Karaul, Rajasthan

** Stock hits upper limit of exchange-mandated trading band

** More than 158,000 shares traded as of 12:03 p.m. IST, 2.3x their 30-day moving avg

** GALM gained ~84.5% YTD

(Reporting by Meenakshi Maidas in Bengaluru)

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May 2 (Reuters) - Gallantt Ispat Ltd GALM.NS:

• MARCH-QUARTER CONSOL PROFIT 953.9 MILLION RUPEES VERSUS 679.2 MILLION RUPEES

• MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 11.77 BILLION RUPEES VERSUS 10.94 BILLION RUPEES

• DIVIDEND 1 RUPEE PER SHARE

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** Shares of iron and steel manufacturer Gallantt Ispat GALM.NS up 1.1% after reporting strong Q3 profit growth

** Co late on Tuesday reported a more than twofold rise in net profit at 519.8 mln rupees ($6.25 million)

** Steel segment, biggest contributor to rev, grew 5.6% Y/Y; power segment more than doubled

** Stock above 200-day simple moving avg since July 2023, and above 50-day avg since mid-November

** Stock surged 190% in 2023

($1 = 83.1250 Indian rupees)

(Reporting by Meenakshi Maidas in Bengaluru)

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Jan 16 (Reuters) - Gallantt Ispat Ltd GALM.NS:

• DEC-QUARTER CONSOL NET PROFIT 519.8 MILLION RUPEES VERSUS PROFIT 209.1 MILLION RUPEES

• DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 10.63 BILLION RUPEES VERSUS 10.06 BILLION RUPEES

Source text for Eikon: ID:nBSE5llGpk

Further company coverage: GALM.NS

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** Shares of iron and steel manufacturing co Gallantt Ispat GALM.NS rise as much as 6.65% to hit a record high at 102.65 rupees

** Co said its has approved setting up new direct reduced iron (DRI) kiln having capacity of 165,00O MTPA at Gorakhpur facility

** Adds, total investment towards the project at 1.25 bln rupees ($15.09 million), expected to be operational in Q1 of FY25

** Share price above 50-day, 100-day and 200-day exponential moving averages since July 4, suggesting bullish trend

** More than 555,000 shares change hands by 1:57 p.m. IST, 1.5x 30-day avg

** Stock last up 5.2%, bumping YTD gains to about 63.3%

($1 = 82.8520 Indian rupees)

(Reporting by Ashish Chandra in Bengaluru)

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Sept 5 (Reuters) - Gallantt Ispat Ltd GALM.NS:

• TO CONSIDER ADDITION IN CAPACITIES OF DIRECT REDUCED IRON UNIT AND STEEL MELT SHOP UNIT OF CO AT GORAKHPUR, U.P

Source text for Eikon: ID:nBSE7vtGjh

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** Shares of Gallantt Ispat GALM.NS rise as much as 10.2% to 75.9 rupees, their highest since July 29, 2022

** Stock hits biggest intraday pct climb since Jan 20

** Co says it entered into an agreement with East Coast Railway to buy and own Rail Wagons to get rid of wagons shortfall with Indian Railways

** Says co is in process of acquiring two railway rakes under the General-Purpose Wagon Investment Scheme of Railway Board

** Stock on track to rise for a seventh straight session, if trend holds

** Almost 647,000 shares change hands, 4.7X the 30-day moving average

** Stock up 11.1% YTD, as of last close

(Reporting by Varun Vyas in Bengaluru)

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July 5 (Reuters) - Gallantt Ispat Ltd GALM.NS:

• COMMERCIAL PRODUCTION OF GORAKHPUR INDUSTRIAL DEVELOPMENT AUTHORITY UNIT COMMENCED

Source text for Eikon: ID:nBSEccGcgs

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** Shares of Gallantt Ispat GALM.NS fall as much as 13.7% to 53.2 rupees, biggest pct loss since Sep. 20, 2021

** Co reported on Monday that Income Tax Department has carried out search operations at some of its premises

** Co says the department has seized few documents and records for further processing

** Around 220,000 shares change hands in early trade, ~5.9x 30-day avg

** Stocks falls below 50-day, 100-day and 200-day exponential moving averages, indicating bearish sentiment

** Including session's fall, stock extends YTD fall to 11.4%, from 0.6% in last close

(Reporting by Ashna Teresa Britto in Bengaluru)

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