/ Gallantt Ispat Rises As Board Approves Loan Facility ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Tuesday, 18 July 2017


Gallantt Ispat traded in the positive territory gaining 0.48% at Rs 210.00 per share on the BSE. The board of Gallant Ispat on Monday has approved availing of bank loan facilities from HDFC Bank to the tune of Rs 60.00 crore.

The loan amount comprises working capital facilities of Rs 30 crore and a term loan of Rs 30 crore. Meanwhile, the stock on a yearly basis has given 64.71% returns. BSE Metal index traded in the negative territory slipping 0.14% to 12,062 level.

Gallant Ispat Limited is an India-based company, which is engaged in the business of iron and steel, agro and power. The company's segments include agro, steel, power and real estate. The steel segment includes the manufacturing and sale of iron and steel and allied products.

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