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Gabriel India Ltd.

BSE: 505714 Sector: Auto
NSE: GABRIEL ISIN Code: INE524A01029
BSE 00:00 | 24 Sep 148.05 1.65
(1.13%)
OPEN

147.95

HIGH

152.05

LOW

146.00

NSE 00:00 | 24 Sep 148.20 1.80
(1.23%)
OPEN

147.05

HIGH

152.20

LOW

146.05

OPEN 147.95
PREVIOUS CLOSE 146.40
VOLUME 178692
52-Week high 162.70
52-Week low 90.75
P/E 22.40
Mkt Cap.(Rs cr) 2,126
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 147.95
CLOSE 146.40
VOLUME 178692
52-Week high 162.70
52-Week low 90.75
P/E 22.40
Mkt Cap.(Rs cr) 2,126
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Gabriel India Ltd. (GABRIEL) - Company History

Established in 1961 with the setting up of a Shock Absorber plant at Mulund Gabriel India is the flagship company of the Anand group. It was promoted in technical and financial collaboration with Gabriel Company US (20.81% stake). The company is a leading manufacturer of Ride control products i.e Shock Absorbers McPherson Struts & Front Forks. The Ride control products are produced in its plants located at Mulund Nasik and Pune in Maharashtra; Dewas Madhya Pradesh; Hosur Tamilnadu and Gurgaon Haryana. Another division of the company the Engine Bearing divison which was set up in 1978 at Parwanoo Himachal Pradesh in collobaration with Federal-Mogul Corp USA is an fully integrated facility to produce complete range of Bimetal Bearings Bushes and Thrust Washers. The company recieves technological support from its collaborators -- Gabriel Ride Control Products USA; SOQI/ Yamaha Motor Japan; Kayaba Japan; APA-Kayaba Spain and Arvin Suspension System Italia of Italy for it's Ride Control Products and from Federal Mogul Corporation USA for its Engine Bearings products.The company came out with two issue of partly convertible debentures one in May 1991 and the next in 1996 to part-finance its expansion modernisation and diversification. All the plants of the company except the one at Mulund have received ISO certification. Gabriel exports shock absorbers to several developed markets in the US Europe Australia and the Asia-Pacific region. During 2002-03 the company has commenced manufacturing and supply of products to OEMs in the state of Uttar Pradesh from the new facility at Noidaacquired as a result of merger of Stallion Shox Limited with the company. The amalgamation with the Stallion Shox Limited was completed and the ratio of shares were exchanged were 1:100.

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