Gabriel India set for best day in 4-1/2 years on Q3 profit surge

Gabriel India

30/01/2025 08:27

** Shares of Gabriel India  GABR.NS  jump 13% to 474.40
rupees in heavy trading
    ** Stock set for best one-day gain since Aug 26, 2020
    ** Auto parts maker's Q3 consol net profit increases 45.7%
y/y, revenue up 24.7%
    ** Stock also moves above 50-, 100- and 200-day simple
moving avgs; was last above all 3 avgs on Jan. 6
    ** Trading vols at 8.6x the 30-day average
    ** GABR gained 20.6% in 2024

 (Reporting by Vijay Malkar)
 ((VijayDattaram.Malkar@thomsonreuters.com;))