Search This Blog

Nov 11, 2010

Delta Magnets Ltd - 504286

 

 

 

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

http://www.deltamagnets.com/

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.

 

No comments:

Post a Comment

LinkWithin

Related Posts Plugin for WordPress, Blogger...