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Delta Magnets Ltd.

BSE: 504286 Sector: Engineering
NSE: DELTAMAGNT ISIN Code: INE393A01011
BSE LIVE 15:53 | 12 Dec 48.60 2.30
(4.97%)
OPEN

48.60

HIGH

48.60

LOW

48.60

NSE 15:31 | 15 Dec 49.55 -2.50
(-4.80%)
OPEN

49.50

HIGH

54.25

LOW

49.45

OPEN 48.60
PREVIOUS CLOSE 46.30
VOLUME 2
52-Week high 52.25
52-Week low 34.50
P/E
Mkt Cap.(Rs cr) 31
Buy Price 48.60
Buy Qty 1499.00
Sell Price 0.00
Sell Qty 0.00
OPEN 48.60
CLOSE 46.30
VOLUME 2
52-Week high 52.25
52-Week low 34.50
P/E
Mkt Cap.(Rs cr) 31
Buy Price 48.60
Buy Qty 1499.00
Sell Price 0.00
Sell Qty 0.00

Delta Magnets Ltd. (DELTAMAGNT) - Company History

Promoted by the Piramals of Morarjee Goculdas, G P Electronics (GPEL) was established in 1985 with technology provided by Tokyo Kikai Sangyo Company, Japan, to provide magnets to OEMs. It is one of the leaders in the hard ferrites industry in the country. GEL started commercial production in 1986. One of the leaders in the hard ferrite industry, GPEL's clientele includes Philips, BPL, Bush (in the audio electronics industry), Bajaj Auto and Lucas-TVS (in the automobile equipment industry). The company's products have been very well received in the market and highly acclaimed by the customers. It has also introduced Strontium Ferrites for the first time in India to be used by the latest generation of two-wheelers. During 1998-99, the company has commissioned its new plant, having doubled its capacity from 1800 TPA to 3600 TPA.