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Delta Manufacturing’s arm completes sale of certain business assets, stake in Pilamec

14 Oct 2021 Evaluate

Delta Manufacturing’s wholly owned subsidiary – MagDev has completed the sale of certain business assets and its stake in Pilamec. Earlier, the company had entered into agreements with Bunting Magnetics Europe for sale of certain business assets and its stake in Pilamec.

Delta Manufacturing is a leading hard ferrite magnet (Anisotropic & Isotropic) manufacturer based in India.

Peers
Company Name CMP
Waaree Energies 2491.80
Apar Industries 17767.45
Havells India 1095.00
Suzlon Energy 40.78
Siemens 3874.65
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