Key Events This Week
11 May: Mixed technical signals amid mildly bearish momentum
14 May: Strong 4.3% intraday gain and Q4 FY26 results reveal profit recovery
14 May: Technical momentum shifts from mildly bearish to sideways
15 May: Mojo Grade upgraded to Hold with improved technicals
15 May: Mildly bullish momentum confirmed with 1.14% gain

Permanent Magnets Ltd Upgraded to Hold as Technicals Improve and Valuation Remains Attractive
2026-05-15 08:01:57Permanent Magnets Ltd, a micro-cap player in the Other Electrical Equipment sector, has seen its investment rating upgraded from Sell to Hold as of 14 May 2026. This change reflects a nuanced improvement across technical indicators, valuation metrics, and financial trends, despite flat recent quarterly performance. The company’s stock has outperformed the broader market over the past year, prompting a reassessment of its medium-term prospects.
Read full news article
Permanent Magnets Ltd Shows Mildly Bullish Momentum Amid Technical Shift
2026-05-15 08:00:16Permanent Magnets Ltd, a micro-cap player in the Other Electrical Equipment sector, has recently exhibited a shift in technical momentum, moving from a sideways trend to a mildly bullish stance. This change is underscored by mixed signals from key technical indicators such as MACD, RSI, Bollinger Bands, and moving averages, reflecting a nuanced market sentiment as the stock trades near ₹950.
Read full news articleAre Permanent Magnets Ltd latest results good or bad?
2026-05-14 19:17:44Permanent Magnets Ltd has reported significant financial results for the quarter ended March 2026, showcasing a strong recovery in both net sales and net profit. The company achieved net sales of ₹66.54 crores, reflecting a year-on-year growth of 46.95%, compared to a decline of 15.52% in the same quarter last year. This marks the highest quarterly revenue in the company's history, indicating robust demand for its products, particularly in the electric vehicle sector. The net profit for the same quarter reached ₹3.99 crores, which is a substantial increase of 152.53% year-on-year, contrasting with a loss of 37.05% in the previous year. This recovery in profitability is supported by improved operational efficiencies, as evidenced by an operating profit margin of 14.26%, which, while an improvement from the previous year, shows a decline from the prior quarter, suggesting some margin pressures. Despite thes...
Read full news article
Permanent Magnets Q4 FY26: Strong Profit Recovery Overshadowed by Valuation Concerns
2026-05-14 09:48:48Permanent Magnets Ltd., one of India's leading manufacturers of cast alloy permanent magnets and electric vehicle components, posted a robust recovery in net profit for Q4 FY26, reporting ₹3.99 crores—a remarkable 152.53% year-on-year surge from ₹1.58 crores in Q4 FY25. The quarter-on-quarter growth was equally impressive at 77.33%, climbing from ₹2.25 crores in Q3 FY26. With a market capitalisation of ₹811.65 crores, the micro-cap electrical equipment manufacturer delivered these results against a backdrop of revenue expansion and improved operational efficiency, though margin pressures and valuation concerns continue to cloud the outlook.
Read full news article









