I am yet to watch the video but on a broad level, smart electric meters will have current sensors made of shunts. “shunts” assemblies are from permanent magnets.
Permanent magnet name might be misleading as only 50% of their business involves “magnets” in the literal sense. Rest is shunt assemblies
“Sharad Taparia: Hiperm is 50%, Shunt is 30%. ” (from the concall notes)
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