BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
ICICI Direct Report
Gabriel India Ltd. is a global top-10 shock absorber manufacturer serving two-wheeler, three-wheeler, passenger vehicle, commercial vehicle, railway and aftermarket segments.
Robust bookings at its key clients like Maruti Suzuki India Ltd. for the recent launches in the sports utility vehicle space, namely new Brezza and Grand Vitara (cumulative bookings more than 1.5 lakh units) as well as Mahindra and Mahindra Ltd. for XUV700 leading to outsized gains for the company resulting in market share gains, robust sales growth
Secular growth at its key client in the two-wheeler space viz. TVS Motor Company Ltd. with the company reporting single digit month-on-month growth in two-wheeler segment in year-to-date FY23 with volumes for August 2022 coming in at 3.2 lakh units, up 5.3% month-on-month.
Gabriel India at the forefront of ongoing electrification trend and has on boarded various electric vehicle two-wheeler, three-wheeler original equipment manufacturers as clients and is sole supplier for Ola Electric.
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