560.4500 -2.45 (-0.44%)
NSE Apr 17, 2025 15:31 PM
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Gabriel India Ltd.
10 Aug 2020
560.45
-0.44%
ICICI Securities Limited
GIL is domestic market leader in automotive suspension segment (comprising products like front forks, shock absorbers, struts) commanding 25% market share in 2-W, 15% in PV and 75% in CV & Railways). The three divisions formed 67%, 20%, 12% of revenues in FY20, respectively. In months following Covid-19, domestic 2-W space has been doing relatively well, with dispatches at key OEMs ramping up in response to improving demand. Enhanced awareness around social distancing is expected to continue to benefit personal mobility vs. public transport that would benefit...
Gabriel India Ltd. is trading above all available SMAs
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