Auto component maker Gabriel India (CMP: Rs 99.8, Mcap: Rs 1,435 crore) has posted a weak set of numbers in the first quarter of FY21. Hit by the pandemic-led disruptions, the company’s revenues fell sharply and the operating margin turned negative. Gabriel provides a wide range of ride-control products, including shock absorbers, struts and front forks. We continue to remain upbeat about the company as it caters to segments, including the aftermarket, which are witnessing a V-shaped recovery in demand. Its...
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