Stocks to Buy With Anil Singhvi: Gabriel India stock is Sandeep Jain recommendation today | Money-making opportunity
In today’s edition of ‘Jain Sahab Ke Gems’, market analyst Sandeep Jain, while speaking to Zee Business Managing Editor Anil Singhvi, revealed a great strategic counter for investors. Today, he has recommended a stock that he said has potential to give high returns to investors. The stock he picked today is Gabriel India Limited and here is why.
According to Sandeep Jain, Gabriel India is a top-quality company and its a part of ANAND Group. Started in 1961, with 300 models of high-precision ride control products and solutions, Gabriel India is counted among the leaders in its segment. It's a quality company and good thing about it is, Gabriel India has managed the market numbers very well.
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जैन सा'ब के GEMS: संदीप जैन को आज Gabriel India में दिखी मजबूती...
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In today's episode, market analyst Sandeep Jain said: "The way Tyre stocks have performed yesterday and the way auto stocks are trading nowadays, we should work in auto ancillary stocks. And this is not the first time I'm recommending Gabriel India stock, I had recommended it several times earlier, even during SPL Midcap show."
"The reason why we are recommending Gabriel India stock today is because it is available at very good levels. When market is touching new lifetime high, and fundamentally strong companies like Gabriel India, which is also one of the best and finest auto ancillary company in this market, becomes a strong contender. This is the right time to pick up this stock," he further added.
Jain informed that Gabriel India stock is available at very good levels. Good thing about the company is that it is a zero-debt company and return on capital employed is also good. The company is also giving good dividend. Gabriel India also has confidence from FIIs and DIIs.
Investors Strategy for Gabriel India Stock
On what should be the strategy that a stock market investor can maintain in regard to Gabriel India Limited shares, Jain told Anil Singhvi, "Gabriel India Limited is currently trading around Rs 119.00 and one can achieve the target of this stock at Rs140-150."
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