Permanent Magnets

Permanent Magnets appear to be a competitor with products like Shunt Resistors listed among products - also claims to be supplying and working on products for electric vehicles. Numbers appear good. TTM PAT 12cr, networth 24cr, net debt 13cr, promoters holding 72% (pledge 0.51% only). Would appeciate view on this if anyone had a look at this and how does it compare to Shivalik as competitor.

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