New Delhi, Oct. 15 -- Gallantt Ispat shares surged in Thursday's trading session, October 15, drawing investor attention to the steelmaker amid its expansion plans and a technical recovery. However, the stock remains below its record levels, while its recent rally has brought it close to a key resistance zone. Investors and traders will be watching whether the momentum can sustain or whether profit booking emerges at higher levels.

The stock climbed 14% to Rs.646 apiece on the BSE. Despite the rally, it remained 32% below its peak of Rs.946.70, recorded in April 2026. Gallantt Ispat had touched a 52-week low of Rs.470.80 in November 2025.

The stock has gained 23% over the past week and 16% over one month. However, it has declined 10% ov...