MoneyWorks4Me

CRISIL revises rating of Gabriel India’s long-term bank facilities and fixed deposit programme

04 Dec 2014 Evaluate

Gabriel India’s credit rating for long-term bank facilities and fixed deposit programme has been revised to 'Positive' from 'Stable’, while reaffirming the ratings at ‘A+/FAA-’ by Credit rating agency, CRISIL. Moreover, the rating on the Company's short-term bank facilities and commercial paper programme has been reaffirmed at ‘A1.

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.

Peers
Company Name CMP
SamvardhanaMotherson 162.70
Tube Investments 2600.50
Bosch 47750.00
UNO Minda 1235.00
Bombay Burmah Trdg. 1483.40
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