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Company updateBusiness Standard

Gabriel India hits 20% upper circuit on huge volume

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GreyOak summary

Gabriel India shares surged 112% from their March low, hitting a record high of ₹1,690.25 and locking at the 20% upper circuit. Trading volume jumped 20-fold as the company celebrated a new joint venture with Faurecia for seating systems. Choice Institutional Equities upgraded the stock to 'ADD' citing earnings potential despite integration risks.

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