Gabriel India - Multiple Growth Levers To Drive Industry Outperformance: HDFC Securities Initiates Coverage

Gabriel India - Multiple Growth Levers To Drive Industry Outperformance: HDFC Securities Initiates Coverage

Shock absorbers manufactured by Gabriel India Ltd. (Source: Company website)

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.

HDFC Securities Retail Research

Gabriel India Ltd. is one of the largest players in the automobile suspension component segment in India, with presence across original equipment manufacturers, aftermarket and export segments, through 12000 retailers in all six continents.

The sharp rebound in demand across segments, its leadership position, and export opportunities continue to boost our confidence in the company.

Gabriel India has been increasing penetration with existing clients, expanding its client base and entering new geographies, driving strong growth in exports.

The company is well equipped to provide solutions for electric vehicle and has received strong orders for the same. Further, it has ~85% market share in commercial vehicles which is on the cusp of revival.

Click on the attachment to read the full report:

HDFC Securities Retail Research - Gabriel India - Initiating Coverage.pdf
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