Permanent Magnets Performance
Fundamentals of Permanent Magnets
|P/E Ratio (TTM)||NA|
|Debt to Equity||NA|
Financials of Permanent Magnets
|Jun 2023||Sep 2023|
|Profit before tax||9.3||9.67|
|EPS in Rs||7.89||8.23|
About Permanent Magnets
Incorporated in 1960, Permanent Magnet Limited is one of the flagship Companies of Taparia Group, Mumbai and one of the leading manufacturers of Cast alloy Permanent Magnets, Parts and accessories of ... electricity and electric vehicle parts in the world. The Company is a leading solution provider of electrical components and assemblies based on certain core technologies which find application in the automobile, energy meter, renewable energy, aerospace & defence, food & beverage and many other such industries. The Company has strong expertise in 5 core product platforms, wherein it designs and delivers innumerable customer-specific solutions, and these product platforms include magnetic sensing, current sensing, magnetic assemblies, alloys and ZAMAK die-casting. PML's exceptional expertise in the fields of metallurgy, mechanical engineering, electrical engineering and electronics, enable it to offer comprehensive solutions to its clients. Apart from this the Company possesses superior capabilities in design & simulation of components & modules including customer-specific prototyping; various metals & metallurgical processes; and manufacturing technologies such as assembly processes, finishing processes, hot chamber die-casting and plastic moulding. In Jan.'91, the company came out with a rights issue of 0.77 lac equity shares of Rs.100 at par, aggregating Rs.77.49 lac on a 1:1 basis, to finance capital expenditure and meet long-term working capital requirements. PML produces two types of magnets, cast alloy permanent magnets and hard ferrite magnets. During the year 2008, the Scheme of Amalgamation of Taparia Magnetics Private Limited, Sampada Capital Services Limited and Suyog Agencies Limited with the Company and Arrangement with the Preference Shareholders of the Company was implemented in 2009. According to the ratio mentioned in the Scheme, the shares were allotted to the shareholders of the Transferor Companies and Preference Shareholders of the Company. Read More
|Stocks||Market Cap (cr)||Market Price (₹)||52 Week Low-High (₹)|
|Kaynes Technology India Ltd||₹13,924.84||
|2384.75 - 2440|
|Genus Power Infrastructures Ltd||₹6,021.00||
|231.45 - 238.7|
|Orient Electric Ltd||₹4,672.71||
|217.85 - 221.6|
|Opal Luxury Time Products Ltd||₹14.45||
|43 - 43|
|Monica Electronics Ltd||₹4.69||
|7.7 - 8|
What is the Share price of Permanent Magnets (PERMAGNET)?
Can I buy Permanent Magnets (PERMAGNET) shares?
How do I buy Permanent Magnets (PERMAGNET) from Angel One?
- Direct investment: You can buy Permanent Magnets (PERMAGNET) shares by opening a Demat account with Angel One.
- Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Permanent Magnets (PERMAGNET) shares.