INDIA MARKET LENS
Companies◆ Mixed

$2.6+ bn Anand Group's Gabriel India stock up 50% in 6 months; now enters JV with France-based Forvia - Deal details

Gabriel India is in focus.

· LiveMint Markets

Gabriel India and France-based Forvia have formed Faurecia ANAND Seating India Private Limited to bring advanced seating systems to India.

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Gabriel India reported movement of 50%. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.

Against that, the stock is +2.0% on the day at ₹1,362.20, and has returned +8.1% over three months. It sits 14% below its 52-week high. The auto sector has moved -4.7% over the same period, so Gabriel India is running 12.8 points ahead of its peers.

For Gabriel India, the question is how much of this is already reflected in the price and how much re-rates the auto peer set alongside it.

  • The company directly in focus is GABRIEL.
  • Sector exposure: Auto.