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Business Standard
10-07-2025
- Automotive
- Business Standard
Gabriel India zooms 51% thus far in July; should you buy, hold or sell?
Gabriel India share price: Shares of Gabriel India hit a new high of ₹1,061.60 on the BSE in Thursday's intra-day trade in an otherwise weak market. The stock of the auto ancillary company is trading higher for the third day, surging 15 per cent during the period. In comparison, the BSE Sensex was down 0.23 per cent at 83,343 at 12:36 PM. Thus far in July, Gabriel India's share price appreciated by 51 per cent after the board approved a composite scheme of arrangement, involving Gabriel India, Asia Investments Pvt Ltd (AIPL), and Anchemco India Pvt Ltd (Anchemco). Gabriel India's composite scheme of arrangement As per the scheme announced on June 30, it will result in vesting AIPL's automotive business undertaking, comprising Anchemco's business (brake fluids, radiator coolants, diesel exhaust fluid / ad-blue, and PU/PVC-based adhesives) and investments in Dana Anand India Pvt. Ltd, Henkel ANAND India Pvt. Ltd and ANAND CY Myutec Automotive Pvt., Ltd into Gabriel. Gabriel India will issue 1,158 equity shares of ₹1 each for every 1,000 equity shares of ₹10 each held in AIPL to the shareholders of AIPL. The scheme will accelerate profitable growth with better margins, creating substantial shareholder value through EPS accretion and higher return on equity, Gabriel India said. At a group level, the management said they have set a revenue target of ₹50,000 crore by 2030 and see Gabriel India leading the way. Brokerages have positive view on Gabriel India Anand Rathi Share and Stock Brokers recommend a 'Buy' rating on Gabriel India at a sum-of-target price of ₹1,400, up from ₹770 earlier. Simplification of group structure and realigning corporate structure to help unlock synergy and enhance competitive edge. Gabriel India will play a pivotal role in the transformation, serving as the group's vehicle for future growth and platform, the brokerage firm said. Meanwhile, Elara Capital reiterates a 'buy' rating on Gabriel with a target price raised to ₹1,115 on the stock. In analysts' view, the greatest potential for re-rating for any auto ancillary company arises from the transition from a single- to a multi-product portfolio. Auto ancillaries have outperformed original equipment manufacturers (OEMs) in the past decade on increasing products, expansion in segments, expansion in geographies and inorganic expansion. Gabriel is a play on all four, the brokerage said.
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Business Standard
09-07-2025
- Business
- Business Standard
BSE's capital market offerings: Key business verticals across value chain
A look at the exchange's key business verticals across the value chain BS Reporter Listen to This Article ICCL: The Indian Clearing Corporation Limited (ICCL) serves as a central counterparty for trades on BSE and other exchanges, guaranteeing settlement and managing counterparty risk across equity, derivatives and debt markets. ICCL enhances risk management and business continuity through interoperability for trades across Indian exchanges. Over the past 2.5 years, ICCL has significantly invested in capacity and resilience to support the evolving capital market, steadily increasing its market share. AIPL: Indices are vital benchmarks for investors, fund managers, and institutions to assess performance and guide decisions, especially for passive investing. BSE acquired full ownership of Asia Index Private Limited (AIPL)
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Business Standard
02-07-2025
- Automotive
- Business Standard
Gabriel India zooms 71% in 7 days; Elara Capital sees 10% more upside
Gabriel India share price Shares of Gabriel India (Gabriel) were locked in the upper circuit for the second straight day, surging 20 per cent to hit a new high of ₹1,011.45 on the BSE in Wednesday's intra-day trade in an otherwise subdued market. In comparison, the BSE Sensex was trading 0.04 per cent lower at 83,663 at 10:22 AM. In the past two trading days, the stock price the auto ancillary company has zoomed 44 per cent after the Board of Directors of Gabriel approved a Composite Scheme of Arrangement, involving Gabriel India, Asia Investments Pvt Ltd (AIPL), and Anchemco India Pvt Ltd (Anchemco). The stock was quoting higher for the seventh straight trading day, skyrocketing 71 per cent during the period. Gabriel - Composite Scheme of Arrangement This scheme will result in vesting AIPL's automotive business undertaking, comprising Anchemco's business (brake fluids, radiator coolants, diesel exhaust fluid / ad-blue, and PU/ PVC based adhesives) and investments in Dana Anand India Pvt. Ltd, Henkel ANAND India Pvt. Ltd and ANAND CY Myutec Automotive Pvt., Ltd into Gabriel. Gabriel will issue 1,158 equity shares of ₹1 each for every 1,000 equity shares of ₹10 each held in AIPL to the shareholders of AIPL. The scheme will accelerate profitable growth with better margins, creating substantial shareholder value through EPS accretion and higher return on equity, Gabriel said. At a Group level, the management said they have set a revenue target of ₹50,000 crore by 2030 and see Gabriel leading the way. This Scheme will consolidate the business of the demerged undertaking of AIPL in automotive components and products like drivetrain products including transmissions for electric vehicles (EVs), Body in White and NVH Products and solutions, brass and steel synchroniser rings, aluminum forgings, brake fluids, radiator coolants and diesel exhaust fluids (DEF) / Ad-Blue for 2W, 3W and 4W vehicles and trucks and PU and PVC based adhesives into Gabriel. This inclusion, together with the recently added sunroof business, will transform Gabriel from a mono-product suspension company into a diversified, technology-driven mobility solutions provider, and reducing the dependency on a single product line by expansion into new segments, geographies, the aftermarket product range, and railways product range, the company said in statement. Elara Capital raises target price for Gabriel to ₹1,115 Elara Capital reiterated its 'buy' rating on Gabriel India and raised its target price to ₹1,115 per share. As per their analysts, the greatest potential for re-rating for any auto ancillary company arises from transition from a single- to a multi-product portfolio. Auto ancillaries have outperformed original equipment manufacturers (OEMs) in the past decade on four key counts: a) increasing products, b) expansion in segments, c) expansion in geographies and d) inorganic expansion. Gabriel is a play on all four. The deal is EPS accretive by ~41 per cent on FY25 financials, which is a positive. 'While all approvals are likely to be completed in the next 10-12 months, we have not yet factored this into our estimates. However, proforma, our FY27E and FY28E EPS is likely to increase from ₹22.8/26.6 to ₹31/35.3 for FY27E/28E, assuming a modest ~8-10% CAGR in profits for the acquired entities. The target multiple on proforma financials is ~35x (in line with Endurance on FY27E) given that this diversification may continue going forward. The FY25-27E EPS CAGR on proforma financials is expected to be ~45 per cent,' Elara Capital said in the company update.
Economic Times
02-07-2025
- Automotive
- Economic Times
Gabriel India shares surge 44% in 2 days, hit 52-week high on restructuring plan
Shares of Gabriel India surged 20% on Wednesday to hit a fresh 52-week high of Rs 1,011.45 on the BSE, extending their two-day rally to 44% as investors cheered the company's recently announced strategic restructuring plan. ADVERTISEMENT The rally, which began on Tuesday, July 1, was triggered by Gabriel India's announcement of a composite scheme of arrangement approved by its Board of Directors on June 30. Under the scheme, Gabriel will consolidate key group operations by absorbing the automotive business undertaking of Asia Investments Private Limited (AIPL), including its subsidiary Anchemco India Private Limited. The acquired business spans product lines such as brake fluids, radiator coolants, diesel exhaust fluid (DEF or AdBlue), and PU/PVC-based adhesives. The deal also brings under Gabriel's fold AIPL's strategic investments in Dana Anand India Private Limited, Henkel ANAND India Private Limited, and ANAND CY Myutec Automotive Pvt Ltd. To facilitate the merger, Gabriel will issue 1,158 equity shares of Re 1 each for every 1,000 equity shares of Rs 10 each held in AIPL by its Tuesday, the stock had already surged 20% to Rs 842.75 in early trade, rising sharply from its previous close of Rs 668.70. ADVERTISEMENT Since then, buying interest has intensified. With Wednesday's gains, Gabriel India's share price has now climbed 110.4% over the past year, risen 101.8% in the last six months, jumped 70.7% in the past three months, and added 53.6% over the last month a technical perspective, Gabriel India remains in strong uptrend territory. The stock is trading above all key short-term and long-term moving averages, including the 5, 10, 20, 30, 50, 100, 150, and 200-day SMAs, signaling entrenched bullish momentum. ADVERTISEMENT However, some caution may be warranted. The 14-day Relative Strength Index (RSI) stands at 84, significantly above the threshold of 80, indicating the stock is now in overbought territory and may be due for a current levels, Gabriel India trades at a price-to-earnings ratio of 41.18 and a price-to-book ratio of 8.53, reflecting elevated investor expectations and strong sentiment following the restructuring plan. ADVERTISEMENT Also read | Gabriel India share price surges 20%, hits 52-week high on strategic restructuring plan (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
02-07-2025
- Automotive
- Time of India
Gabriel India shares surge 44% in 2 days, hit 52-week high on restructuring plan
Shares of Gabriel India surged 20% on Wednesday to hit a fresh 52-week high of Rs 1,011.45 on the BSE, extending their two-day rally to 44% as investors cheered the company's recently announced strategic restructuring plan. The rally, which began on Tuesday, July 1, was triggered by Gabriel India's announcement of a composite scheme of arrangement approved by its Board of Directors on June 30. Under the scheme, Gabriel will consolidate key group operations by absorbing the automotive business undertaking of Asia Investments Private Limited (AIPL), including its subsidiary Anchemco India Private Limited. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like My Doctor Told Me To Take A Spoonful Of This Every Morning. (The Results Were Crazy) Gundry MD Learn More Undo The acquired business spans product lines such as brake fluids, radiator coolants, diesel exhaust fluid (DEF or AdBlue), and PU/PVC-based adhesives. The deal also brings under Gabriel's fold AIPL's strategic investments in Dana Anand India Private Limited, Henkel ANAND India Private Limited, and ANAND CY Myutec Automotive Pvt Ltd. To facilitate the merger, Gabriel will issue 1,158 equity shares of Re 1 each for every 1,000 equity shares of Rs 10 each held in AIPL by its shareholders. Stock on a tear Live Events On Tuesday, the stock had already surged 20% to Rs 842.75 in early trade, rising sharply from its previous close of Rs 668.70. Since then, buying interest has intensified. With Wednesday's gains, Gabriel India's share price has now climbed 110.4% over the past year, risen 101.8% in the last six months, jumped 70.7% in the past three months, and added 53.6% over the last month alone. Technical indicators flash overbought From a technical perspective, Gabriel India remains in strong uptrend territory. The stock is trading above all key short-term and long-term moving averages, including the 5, 10, 20, 30, 50, 100, 150, and 200-day SMAs, signaling entrenched bullish momentum. However, some caution may be warranted. The 14-day Relative Strength Index (RSI) stands at 84, significantly above the threshold of 80, indicating the stock is now in overbought territory and may be due for a pullback. At current levels, Gabriel India trades at a price-to-earnings ratio of 41.18 and a price-to-book ratio of 8.53, reflecting elevated investor expectations and strong sentiment following the restructuring plan. Also read | Gabriel India share price surges 20%, hits 52-week high on strategic restructuring plan ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
