690% rally in 5 years! Motilal Oswal initiates coverage on this multibagger stock, sees 30% upside
New Delhi, June 9 -- Multibagger stock Gabriel India jumped 4.5% on Tuesday, 9 June, after domestic brokerage Motilal Oswal Financial Services (MOSL) initiated coverage on it with a 'Buy' rating as it sees significant value unlocking led by restructuring initiatives.
Gabriel India has operated as a single-product suspension player, which inherently constrained its scalability. The company is now undergoing a structural transformation into a diversified mobility platform, paving the way for a long runway of growth.
The midcap stock has offered solid returns to investors over different time frames. According to BSE data, Gabriel India share price has jumped 60% in a year, 165% in two years, 690% in five years and 1040% in 10 years.
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