40 Dividends Since 2002: Auto Ancillaries Stock Sets Record Date For Dividend, Hits New 52-Week High

Small cap company operating in auto ancillaries sector, Gabriel India fixed August 7, 2023 as the record date for dividend, if approved at the Annual General Meeting (AGM). Last trading price of Gabriel India share is Rs 215.25 per share. Gabriel India stock soared 44% in last 3-months. Check details below:

Gabriel India Sets Record Date For Dividend: As per the BSE filing of Gabriel India dated July 22, 2023, "Dividend, as may be declared at the AGM, will be paid to those members whose names stand on the Register of Members as at the end of business hours on Monday, August 07, 2023 being the Cut-off date ('Record Date') for the aforesaid purpose."

Gabriel India Dividend: The board of directors on May 23, 2023 stated in its exchange filing, "recommended the Final Dividend for FY 2022-23 of Rs. 1.65 per equity share, subject to the approval of shareholders at the forthcoming Annual General Meeting of the Company."

Gabriel India Dividend History: The company declared 40 dividends since June 26, 2002. If the current market price of Gabriel India share is taken into consideration, it offers a dividend yield of 0.88%. The company for the year ending March 2023 announced an equity dividend of 255.00% or Rs 2.55 per share.

Gabriel India Financial Performance: The company for the quarter ended March 31, 2023 declared its standalone total income at Rs 743.44 crore, up 4.29% from preceding quarter total income of Rs 712.83 crore. It announced its recent quarter net profit after tax at Rs 33.76 crore.

Gabriel India Stock Performance & Return: Last trading price of Gabriel India share is 215.95 per share with intraday gain of 1.03%. The stock hit new 52-week high in trade today. It also traded new 52-week high on July 20 and July 21. Its 52-week high price is Rs 219.65 per share and 52-week low price is Rs 127.80 per share, respectively. Its market capitalisation is Rs 3101.99 crore. In last 6-months, Gabriel India stock delivered 22% return, jumped 58% in last 1-year, rallied 72% in last 2-years, and offered return of 144% in last 3-years.

Gabriel India About: Established in 1961, Gabriel India Limited is the flagship Company of the ANAND Group. It is a market leader for pioneering Ride Control Products to the automotive industry in India and is one amongst the Top 10 suspension manufacturers globally, according to its LinkedIn page.

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