Shares of Gabriel India, a key player in the automotive components space, have soared 46% over the last one month, climbing more than ₹300 per share amid bullish sentiment around trade deals and a major upgrade from a leading domestic brokerage. The stock hit fresh highs after Anand Rathi nearly doubled its target price on the counter to ₹1,400 from ₹770 earlier.
Gabriel India, part of the Anand Group, is a leading manufacturer of ride control products, including shock absorbers, front forks, and struts for two-wheelers, passenger cars, commercial vehicles, and railways. It supplies to most of the top original equipment manufacturers (OEMs) in India and has also been expanding its global footprint through exports and strategic partnerships.
The stock’s latest rally comes after Anand Rathi termed recent developments as a “meaningful step forward in realizing the group’s strategic vision.” The brokerage noted that a simplification of the group’s structure and efforts to realign Gabriel India’s corporate role as the growth platform for future initiatives could unlock significant synergies and enhance competitiveness.
The brokerage has also revised its earnings estimates upward, raising FY27 EPS by 36% driven by expected earnings-accretive acquisitions. In its note, Anand Rathi assigns a sum-of-the-parts (SOTP)-based target price of ₹1,400, valuing Gabriel India at 32x its consolidated FY27E EPS of ₹32.5, which translates to ₹1,040. The firm has also factored in an additional ₹260 for anticipated group consolidation benefits and ₹100 for M&A potential.
“Gabriel India is set to play a pivotal role in the transformation of the group’s structure and growth ambitions,” the brokerage said, reiterating its ‘Buy’ rating on the stock.
The company has been actively strengthening its position in the evolving mobility landscape, including foray into electric vehicle (EV) compatible components, and increasing its focus on R&D and high-margin exports. These strategic shifts, along with improving operational metrics and earnings visibility, have contributed to growing investor confidence.
With strong momentum, positive outlook on earnings, and supportive valuations, Gabriel India continues to remain in the spotlight as a key beneficiary of India’s automotive growth story.
