Gabriel India is currently trading at Rs. 25.00, up by 0.80 points or 3.31% from its previous closing of Rs. 24.20 on the BSE.
The scrip opened at Rs. 24.50 and has touched a high and low of Rs. 25.40 and Rs. 24.50 respectively. So far 25,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 29.30 on 02-Jan-2013 and a 52 week low of Rs. 16.15 on 28-Aug-2013.
Last one week high and low of the scrip stood at Rs. 26.40 and Rs. 22.30 respectively. The current market cap of the company is Rs. 359 crore.
The promoters holding in the company stood at 54.63% while Institutions and Non-Institutions held 5.96 % and 39.41% respectively.
Gabriel India inaugurated its new R&D centre, on December 23, 2013, in Hosur.KN Radhakrishnan, President and Chief Executive Officer, TVS Motor Company, was the Chief Guest for the occasion and lit the lamp along with other dignitaries including, Deepak Chopra, Chief Executive Officer, Anand and Chairman, Gabriel India and Manoj Koihatkar, Managing Director, Gabriel India.
The purpose behind this new R&D centre is to establish a world class centre encompassing product and process design, and prototyping and evaluation section. The facility is fully equipped to develop and provide any type of two wheeler suspension products. With this, Gabriel India would become a complete solution provider to its customer for the suspension systems. The centre will offer advanced products and features, after robust internal testing, so that customer gets products which are defect free and reliable. Also, the centre intends to provide conducive environment for its people to encourage creativity and innovation.
Gabriel India has the widest range of Ride Control Products in India and enjoys a leadership position in the market. It has strong presence as a producer and supplier of high quality Ride Control Products for the Indian Automotive Industry participating in all segments i.e. Passenger Cars, Utility Vehicles, Commercial Vehicles and Two Wheelers.
| Company Name | CMP |
|---|---|
| SamvardhanaMotherson | 155.80 |
| TVS Holdings | 11039.50 |
| Bosch | 34574.75 |
| UNO Minda | 1051.85 |
| Endurance Tech | 2203.55 |
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