Support and Resistance Levels
Past performance
About Permanent Magnets Ltd Permanent Magnet Limited, established in 1960 and part of the Taparia Group, is a prominent manufacturer of cast alloy permanent magnets and components for electrical and electric vehicle industries globally. The company excels in providing electrical components and assemblies for diverse sectors such as automotive, renewable energy, aerospace, and defense. It operates on five core product platforms: magnetic sensing, current sensing, magnetic assemblies, alloys, and ZAMAK die-casting, offering tailored solutions backed by its expertise in metallurgy, mechanical, electrical, and electronic engineering.
The company demonstrates superior capabilities in design, simulation, prototyping, and manufacturing technologies including die-casting and plastic molding. A 1991 rights issue supported its capital expansion, and a 2008 amalgamation expanded its operations further. Permanent Magnet Limited's extensive industry knowledge and tailored solutions make it a key player in the magnet and electrical component sectors.