Rs 1.50/Share Dividend: Multibagger Auto Ancillaries Stock Rises 117% In 6-Months

Small cap multibagger stock from the auto ancillaries sector Gabriel India today declared Rs 1.50 per share interim dividend having face value of Re 1 each. The company fixed November 17, 2023 as the record date for the interim dividend. Last trading price of Gabriel India stock on BSE is Rs 340.85 per share.

Gabriel India shares offered return of 117% in last 6-months and soared 119% in last 1-year. Check detail below:

Gabriel India Declares Interim Dividend: As per the regulatory filing declared on November 3, 2023, "We would like to inform you that Board of Directors at their Meeting held on Friday, November 03, 2023, have declared Interim Dividend of Rs. 1.50 pershare having face value of Re.1 each. The record date for the payment of interim dividend would be Friday, November 17, 2023. Dividend shall be paid, or the dividend warrant shall be dispatched to the shareholders on or before Saturday, December 02, 2023."

Gabriel India Stock Outlook & Return: Last trading price of Gabriel India share on BSE is Rs 340.85 per share. Its 52-week high price is Rs 358.50 per share and 52-week low price is Rs 129.50 per share, respectively. The company has a market capitalisation of Rs 4896.10 crore. Gabriel India stock surged 51% in last 3-months, gave return of 79% YTD, soared 118% in last 2-years, and offered return of 268% in last 3-years. Gabriel India shares gained 151% in last 5-years and rose 1558% in last 10-years.

Gabriel India About: Gabriel India Limited is engaged in the manufacturing of shock absorbers, McPherson struts, bimetal strips, bimetal bearings and front forks, among others. Its products are sold to manufacturers of two-wheeler scooters, motorcycles, cars, light commercial vehicles and trucks. The company has been selling its products in India and abroad.

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