Last 35.75 INR
Change Today +1.70 / 4.99%
Volume 6.1K
DELM On Other Exchanges
Natl India
As of 7:05 AM 09/23/14 All times are local (Market data is delayed by at least 15 minutes).

delta magnets ltd (DELM) Snapshot

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52 Week High
10/30/13 - 40.00
52 Week Low
05/9/14 - 20.25
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delta magnets ltd (DELM) Details

Delta Magnets Limited manufactures and sells hard ferrite magnets primarily to automobile industry in India. The company offers sector magnets for automotive magneto's and alternators application; motor magnets for automotive starter and wiper motor applications; flat magnets for use in lifting device/magnetic chucks/magnetic door closures, etc. It also provides ring magnets for loud speakers, lifting devices, and other application; and isotropic magnets used in toys games and micro motors. The company was formerly known as G.P. Electronics Limited. Delta Magnets Limited was incorporated in 1982 and is based in Nashik, India.

175 Employees
Last Reported Date: 08/4/14
Founded in 1982

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delta magnets ltd (DELM) Key Developments

Delta Magnets Ltd Announces Resignation of Mahesh Gupta as Director

Delta Magnets Ltd. announced that Mr. Mahesh Gupta has tendered his resignation as Director of the Company, with effect from September 10, 2014.

Delta Magnets Limited Announces Appointment of Samir Chinai as an Additional Directors of the Company

Delta Magnets Limited announced that at the board of directors meeting held on August 4, 2014 appointed Mr. Samir chinai as an Additional Directors of the company.

Delta Magnets Limited Reports Un-Audited Standalone Earnings Results for the First Quarter Ended June 30, 2014

Delta Magnets Limited reported un-audited standalone earnings results for the first quarter ended June 30, 2014. For the quarter, the company reported total income from operations (net) of INR 140.277 million compared to INR 129.609 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 14.651 million compared to INR 9.964 million a year ago. Profit from ordinary activities before tax was INR 13.512 million compared to INR 11.937 million a year ago. Net profit was INR 15.368 million or INR 2.38 per basic and diluted share compared to INR 11.955 million or INR 1.97 per basic and diluted share a year ago.


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