After Inalfa sunroof JV, Gabriel is looking for another big ticket acquisition/venture as per the last con call. With a possibility of margin improvement and further export growth possibilities, stock should be able to cross the resistance zone pretty soon if the market conditions remain favorable. After a long consolidation Gabriel stock is poised for a secular up move into uncharted territories. ANAND group has put special focus on their crown jewel Gabriel this year. Lets see how it all add up and reflect in the share price.
Disc: Invested.
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