Healthy growth prospects, inexpensive valuations…
About the stock: Gabriel India (GIL) is a global top-10 shock absorber manufacturer serving 2-W, 3-W, PV, CV, railway and aftermarket segments.
* FY22 revenue mix – ~65% 2-W, 3-W, ~22% PV, ~13% CV & railways
* FY22 market share – 25% in 2-W, 3-W, 23% in PV, 85% in CV & railways
Key highlights:
* Robust bookings at its key clients like Maruti Suzuki for the recent launches in the SUV space, namely new B...
Buy Gabriel India Ltd For Target Rs. 205 - ICICI Direct
Buy Gabriel India Ltd For Target Rs.160
EV immune product profile, bullish stance retained
About the stock: Gabriel India (GIL) is a global top-10 shock absorber manufacturer serving 2-W, 3-W, PV, CV, railway and aftermarket segments.
* FY21 revenue mix – ~67% 2-W, 3-W, ~21% PV, ~12% CV & railways FY21 market share – 25% in 2-W, 3-W, 18% in PV, 75% in CV & railways
* On-boarded EV players in 2-W, 3-W space & is sole supplier for Ola Electric.
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Buy Gabriel India Ltd : EV immune product profile, bullish stance retained - ICICI Direct
