📈 Gabriel Share Price Surges: Investors Rejoice! 🚀
Long-term investments in the stock market can sometimes yield unexpected returns, just like the recent surge in Gabriel India’s share price. The company has made investors millionaires in just 15 years, with a whopping 240% jump in the past year alone.
Despite a recent slowdown, brokerage firms still believe in the potential of Gabriel India’s shares and are advising investors to capitalize on the opportunity. Currently trading at ₹337.05 on the BSE, Gabriel India’s shares have come a long way from just ₹3.34 back on March 6, 2009.
From a low of ₹129.50 in March 2023, the share price skyrocketed to a record high of ₹440 in December, marking a remarkable 240% increase in just 9 months. While it has dipped slightly since then, the stock was trading at ₹338 on Wednesday, March 27, showing a 0.45% increase.
Gabriel India, a leading auto parts manufacturer, is part of the Anand Group and specializes in shock absorbers, struts, and front forks. With a strong brand equity, focus on profitability, and growth strategies in place, brokerage firm Share Khan has set a target price of ₹433, citing expected growth in various segments.
The company’s commitment to high margins, diverse product portfolio, and export focus bode well for its future prospects. Stay tuned as Gabriel India continues its upward trajectory and aims to achieve even greater heights in the coming years!
Disclaimer: This is News Coverage with Opinions of Experts and Should Not Be Taken as Direct Market Buying Tip. Market is always subject to risk. We recommend taking our content as research before investing.
