Gabriel India’s stock has seen a significant rise. This follows the announcement of a reorganization plan for its subsidiaries. The parent company, Anand Group, aims for substantial revenue growth by 2030. Analysts have increased earnings per share targets. The restructuring will consolidate automotive products. Promoter stake in Gabriel is expected to increase. The company anticipates benefits from this strategic move.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets