Pritesh Mehta, Senior Technical Analyst at IIFL told CNBC-TV18, "We keep talking about strength in uptrending stocks; Gabriel India is certainly one of the uptrending counters. It had a terrific rally from the level of Rs 20 to Rs 97 in the space of 9-10 months and thereafter it went into a consolidation zone for last one month between Rs 87 and Rs 96. Any kind of consolidation in any uptrending counter tends to break on the upside and that has taken place in Gabriel India. So buy Gabriel India for target of Rs 110."
The company's trailing 12-month (TTM) EPS was at Rs 3.73 per share. (Sep, 2014). The stock's price-to-earnings (P/E) ratio was 25.90. The latest book value of the company is Rs 19.85 per share. At current value, the price-to-book value of the company was 4.87. The dividend yield of the company was 0.88 percent.
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