Mechanics call it NEEDLE GAUIDE मिस्त्री इसे यही कहते हैं
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Needle Guard (part number 204536, shop code 370155) is a spare part for the PEGASUS M700. In the manufacturer's part book it sits in the "Gauge Parts" section as ref. no. 49 (1 per machine), where it is listed as "Dcx27 #14". The same number appears in 22 part books (Pegasus). Mechanics and shops in Delhi usually ask for it as "NEEDLE GAUIDE"; this one is made by AURA; material: rubber; shipping weight about 5 g. Price ₹52.50 including GST, with a GST invoice.
Other parts in the same "Gauge Parts": M700 Feed Dog 5th (ref. 08)
Buying guide: Overlock machine spare parts: loopers, knives, feed dogs
Part books you can open here (5 of the 22 that list this number). Open the PDF to see the drawing and confirm it fits your machine.
Galat part aa gaya? 7 din mein wapas, bina istemaal kiye · GST bill har order ke saath · Dukaan: Govindpuri, Delhi, 2002 se · Google rating 4.8