Gabriel India soars 13% on heavy volumes; up 45% in 1 year, outruns market

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Gabriel India soars 13% on heavy volumes; up 45% in 1 year, outruns market - Business Standard

Quick Summary:

The auto-component maker has an ambitious vision to be among the Top Five Shock Absorber Manufacturers in the World and is relentlessly working towards it.

In addition, the expansion in the sunroof business with Inalfa and leveraging the existing relationship to enhance global footprint is likely to support overall valuation, said analysts at Geojit Financial Services.

In the past one year, the stock of this auto ancillary company has outperformed the market by surging 45 per cent.