Gabriel India Limited
HDFC Mutual Fund decreased its stake in Gabriel India from 6.56% to 5.81%, selling 4,97,193 shares. This reduction took place within the context of a rights issue.
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.
One of India's oldest and most trusted AMCs with over Rs 7.5 lakh crore in AUM. Founded in 1999 as a joint venture between HDFC Bank and Standard Life. MD and CEO Navneet Munot, formerly CIO of SBI MF, has reinforced the quality and compounding philosophy across equity schemes. HDFC Flexi Cap Fund and HDFC Mid-Cap Opportunities Fund are among the largest actively managed equity schemes in India.