Announced Tue, 21 Jul · 19:53 IST
Gabriel India to acquire 28.99% in HL Mando ANAND; Q1 PAT up 15%
GABRIEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-9.0%1-day move
₹1510.10
prior close
₹1450.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-3.9-1.0-1.8-3.5-9.0-9.4-4.5———————
Up moveDown movePending
AI summary
Gabriel India board approved acquiring 28.99% in HL Mando ANAND India from promoter Asia Investments for Rs 2,231 crore. Paid via Rs 350 crore cash plus 1.44 crore preferential shares at Rs 1,305.89 to promoter, raising its stake to 46.98%. Also buying 30% minus 1 share in HL Klemove India for USD 98.44 million. Q1 FY27 standalone PAT up 15% YoY at Rs 760 million, revenue Rs 12,742 million.
Likely market impact
Acquisition aligns Gabriel with Anand Group consolidation strategy. Promoter stake rises to 46.98%, slight public dilution.