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Name of Company | Delta Magnets Ltd |
BSE Code | 504286 |
NSE Code | DELTAMAGNT |
ICICI Code | |
Established | |
My Take | Dislike |
Headquarters | Nashik |
Promoters | Mody family (Delta Corp) |
Story | Formerly GP Electronics. Attracting a lot of buying because Jhunjhunwala has a stake in Delta Corp. |
Sector | Electrical equipment |
Sub-sector | Arc magnets and isotopic rings |
Website | |
Positives | |
Negatives | No dividends after 2001. Not a regularly profitable company. FY10 reserves at 3 Cr. |
Peers | |
News | |
Price @ blogged | 73 (11-Nov-10) |
Cost of company | 35 Cr for a FY10 profit of 13 lakhs, which translates to 263 times. |
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