Gabriel, a Pune-based auto components company established in 1961, has evolved from a single-product shock absorber maker into a more diversified player
Elara identified four factors critical for auto ancillary companies to outperform OEMs: product expansion, segment expansion, geographic expansion and inorganic initiatives
The buying interest on the counter came after the National Stock Exchange (NSE) and BSE issued a 'no objection' letter to the company for the merger with and into Asia Investments