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Permanent Magnets (PML) was incorporated in 1960. It is currently being managed by Shreeram Taparia chairman and Shyam Sunder Taparia managing director. 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. The company exports its products to the US the UK Germany Italy and Egypt. PML was declared sick in 1989-90 but it started making profits since 1990-91.During the year 1999-2000 the Jalgaon plant was closed on account of labour problem. |
Permanent Magnets Ltd.
| BSE: 504132 | Sector: Engineering |
| NSE: PERMAGNET | ISIN Code: INE418E01018 |
| BSE 00:00 | 14 May | 265.10 |
-8.20 (-3.00%) |
OPEN
268.00 |
HIGH
273.40 |
LOW
265.00 |
| NSE 05:30 | 01 Jan | Permanent Magnets Ltd |
| OPEN | 268.00 |
| PREVIOUS CLOSE | 273.30 |
| VOLUME | 6380 |
| 52-Week high | 319.70 |
| 52-Week low | 81.55 |
| P/E | 16.69 |
| Mkt Cap.(Rs cr) | 228 |
| Buy Price | 0.00 |
| Buy Qty | 0.00 |
| Sell Price | 0.00 |
| Sell Qty | 0.00 |
Permanent Magnets Ltd. (PERMAGNET) - Company History
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