New Delhi, April 7 -- Multibagger stock Gallantt Ispat jumped 14% on Tuesday, April 7, despite broader weakness on Dalal Street, boosted by its business update for the recently concluded March quarter. The Indian stock market fell in deals today amid worries over the intensifying US-Iran war in the Middle East.

Gallant Ispat posted a healthy operational performance for the March quarter (Q4FY6) and full year ended FY26 in its latest quarterly update.

The stock has gained 14% to its day's high of Rs.644 on BSE. At the same time, BSE 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.

According to the exchange filing, Gallantt Ispat's capacity utilisation stood at 9...