Gabriel India rises; Motilal Oswal initiates coverage with 'buy'

Gabriel India

09/06/2026 09:19

** Auto parts maker Gabriel India GABR.NS rises 5.5% to 1,036.9 rupees, snapping a seven-session losing streak
** Brokerage Motilal Oswal initiates coverage on co with 'buy' rating and a TP of 1,266 rupees, a 29% upside to stock's last close
** GABR has consistently outperformed the industry and is well-placed to sustain growth, driven by new customer additions, increased business share, and premiumisation, says brokerage
** Co emerging as primary growth vehicle for parent Anand Group, an automotive components conglomerate, with recent restructuring and JV initiatives routed through the listed entity to drive long-term shareholder value - Motilal Oswal
** Adds, further group consolidation could unlock significant upside, with unlisted Anand Group ventures potentially equivalent to the value of GABR's standalone suspension business
** Four of 5 brokerages rate the stock "buy" or higher
** YTD, stock up 2.8% vs 6.5% decline in Nifty 500 Index .NIFTY500  

 (Reporting by Abhinav Parmar in Bengaluru)
 ((Abhinav.Parmar@thomsonreuters.com;))