Gabriel India is currently trading at Rs. 93.85, up by 4.70 points or 5.27% from its previous closing of Rs. 89.15 on the BSE.
The scrip opened at Rs. 91.65 and has touched a high and low of Rs. 94.80 and Rs. 90.65 respectively. So far 320681 shares were traded on the counter.
The BSE group 'B ' stock of face value Rs. 1 has touched a 52 week high of Rs. 99.25 on 10-Nov-2014 and a 52 week low of Rs. 19.45 on 04-Feb-2014.
Last one week high and low of the scrip stood at Rs. 92.00 and Rs. 85.75 respectively. The current market cap of the company is Rs. 1348.10 crore.
The promoters holding in the company stood at 54.63 % while Institutions and Non-Institutions held 8.39 % and 36.98 % respectively.
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.
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