Motilal Oswal Mutual Fund reduced its stake in Gabriel India from 1.70% to 1.17%, selling 3,71,899 shares worth ₹49.72 crore. The shares were sold at an average price of ₹1336.60 apiece.
A leading manufacturer of ride control products for the automotive industry, Gabriel India produces shock absorbers, struts, front forks, and related suspension components across over 500 distinct models. Part of the ANAND Group, the company maintains a significant presence across all major automotive customer segments, including original equipment manufacturers, the aftermarket sector, and international export markets throughout the region.
AMC arm of Motilal Oswal Financial Services, founded on the belief in long-term buy-and-hold quality investing. Manages over Rs 1.5 lakh crore. Famous for the QGLP (Quality, Growth, Longevity, Price) investment framework and concentrated portfolios with very low churn. Flagship Motilal Oswal Midcap and Motilal Oswal Flexi Cap funds reflect deep conviction positioning with 15-25 stock portfolios.
