Latest news with #GallanttIspat
Mint
20-06-2025
- Business
- Mint
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 20 June 2025
Breakout stocks buy or sell: Indian stock market indices, Sensex and Nifty 50, closed slightly lower on Thursday, June 19, amid fragile investor sentiment due to rising tensions between Israel and Iran. The Sensex declined by 83 points, or 0.10 per cent, to close at 81,361.87, while the Nifty 50 slipped 19 points, or 0.08 per cent, ending the session at 24,793.25. Meanwhile, mid-cap and small-cap stocks witnessed significant declines. Sumeet Bagadia, Executive Director at Choice Broking, believes that despite uncertainty caused by the Israel-Iran war, the Indian stock market sentiment continues to remain cautious as the Nifty 50 index once again bounced back after coming close to 24,750 to 24,800 levels. Speaking on the outlook of Indian stock market, Bagadia said, ' The benchmark index has made crucial support at 24,500, while the 50-stock index has crucial resistance ar 25,200. Bullish or bearish trend could be assumed on the breakage of either side of these two important levels. So, one should maintain stock-specific approach and look at those stocks that are looking strong on the technical chart. Looking at breakout stocks can be a good option." Sumeet Bagadia recommends five shares to buy today — Swiggy, Aban Offshore Ltd Fully Paid Ord. Shrs, GRM Overseas, Gallantt Ispat, and Sumitomo Chemical India. 1] Swiggy: Buy at ₹ 374.15, target ₹ 401, stop loss ₹ 361; 2] Aban Offshore Ltd Fully Paid Ord. Shrs: Buy at ₹ 59.29, target ₹ 64, stop loss ₹ 57.21; 3] GRM Overseas: Buy at ₹ 372.25, target ₹ 400, stop loss ₹ 359; 4] Gallantt Ispat: Buy at ₹ 470.60, target ₹ 504, stop loss ₹ 454; 5] Sumitomo Chemical India: Buy at ₹ 502.25, target ₹ 537, stop loss ₹ 484. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Business Standard
22-05-2025
- Business
- Business Standard
Gallantt Ispat consolidated net profit rises 21.93% in the March 2025 quarter
Sales decline 8.94% to Rs 1072.15 crore Net profit of Gallantt Ispat rose 21.93% to Rs 116.31 crore in the quarter ended March 2025 as against Rs 95.39 crore during the previous quarter ended March 2024. Sales declined 8.94% to Rs 1072.15 crore in the quarter ended March 2025 as against Rs 1177.39 crore during the previous quarter ended March 2024. For the full year,net profit rose 77.83% to Rs 400.74 crore in the year ended March 2025 as against Rs 225.35 crore during the previous year ended March 2024. Sales rose 1.55% to Rs 4292.73 crore in the year ended March 2025 as against Rs 4227.12 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 1072.151177.39 -9 4292.734227.12 2 OPM % 17.0815.59 - 16.1810.60 - PBDT 189.30179.36 6 688.06426.84 61 PBT 158.51145.27 9 568.09311.32 82 NP 116.3195.39 22 400.74225.35 78
Mint
06-05-2025
- Business
- Mint
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 6 May 2025
Breakout stocks buy or sell: The Indian stock market indices—the Sensex and Nifty 50—ended higher on Monday, supported by gains in key stocks like HDFC Bank, Mahindra & Mahindra, and ITC. The Sensex rose by 295 points (0.37%) to close at 80,796.84, while the Nifty 50 advanced 114 points (0.47%) to finish at 24,461.15. Mid- and small-cap stocks outperformed significantly, with the BSE Midcap index surging 1.45% and the Smallcap index increasing by 1.23%. Sumeet Bagadia, Executive Director at Choice Broking, believes that the Indian stock market sentiment is cautiously positive and the Nifty 50 index is poised to touch 24,800 soon. Speaking on the outlook of Indian stock market, Bagadia said, 'On breaking above 24,800, the key benchmark index may soon touch 25,200. So, one should maintain stock-specific approach and look at those stocks that are looking strong on the technical chart. Breakout stocks can be a good option for intraday trading." Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — Windsor Machines, Gallantt Ispat, Vesuvius India, Azad Engineering, and Bharat Dynamics. 1] Windsor Machines: Buy at ₹ 345, target ₹ 370, stop loss ₹ 333; 2] Gallantt Ispat: Buy at ₹ 465.8, target ₹ 502, stop loss ₹ 450; 3] Vesuvius India: Buy at ₹ 4889, target ₹ 5200, stop loss ₹ 4720; 4] Azad Engineering: Buy at ₹ 1635, target ₹ 1750, stop loss ₹ 1580; 5] Bharat Dynamics: Buy at ₹ 1563.9, target ₹ 1680, stop loss ₹ 1510. Disclaimer: The views and recommendations provided in this analysis are those of individual analysts or broking companies, not Mint. We strongly advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and individual circumstances may vary. First Published: 6 May 2025, 06:43 AM IST
