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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 2555.00
Apar Industries 16051.80
Havells India 1123.80
Suzlon Energy 41.92
Siemens 3625.00
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