Gabriel India Ltd.

NSE: GABRIEL | BSE: 505714 | ISIN: INE524A01029 | Industry: Auto Parts & Equipment
| Mid-range Performer

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Gabriel India Ltd.
01 Mar 2018
1047.90
-1.36%
Karvy
Revenue during Q3FY18 was recorded at Rs. 4,452 Mn vs Rs. 3,721 Mn in Q3FY17, marking a growth of 19.6% YoY. All the product segments of the company outperformed the industry growth rate during the period. The company reported subdued margins during the quarter, recorded at 8.9% vs 9.4% in Q3FY17. This resulted from a surge in employee & other expenditure coupled with a lower share of business accruing from aftermarket & exports vertical.
Gabriel India Ltd. is trading above its 200 day SMA of 919.5
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