Permanent Magnets Ltd (PERMAGNET) News & Corporate Actions | Announcements, Board Meetings, Splits, Bonuses, Rights Issues

{ "main_header": { "sid": 551550, "name": "Permanent Magnet", "stock_name": "Permanent Magnet", "full_name": "Permanent Magnets Ltd", "name_url": "stocks-analysis/permanent-magnet", "exchange": 0, "exchangecode": "", "primexch": 0, "country_id": 34, "currency": "INR", "cmp": "838.50", "chg": 17.5, "chgp": "2.13%", "dir": 1, "prev_price": "821.00", "mcapval": "701.00 Cr", "mcap": "Micro Cap", "scripcode": 504132, "symbol": "", "ind_name": "Other Electrical Equipment", "ind_code": 12, "sector_id": 57, "indexname": "India SENSEX", "isin": "INE418E01018", "curr_date": "Aug 07, 03:30 PM", "curr_time": "02:48 AM", "last_traded_at": "Aug 07, 03:30 PM IST", "bse_nse_vol": "5.04 k", "exc_status": "Active", "traded_date": "Aug 07, 2026", "traded_date_str": "2026 08 07", "score": "", "scoreText": "", "Live": 0, "market_time": 0, "is_blur": 1, "is_blur_class": "blur-register-score-header", "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/permanent-magnet-551550-0&utm_source=Spage_Header_Score", "mojoone": { "ismore": 0 } }, "news": { "results": [ { "title": "Permanent Magnets Ltd Declines 0.21%: 6 Key Factors Driving the Weekly Shift", "link": "https://www.marketsmojo.com/news/stocks-in-action/permanent-magnets-ltd-declines-021-6-key-factors-driving-the-weekly-shift-4143601", "imagepath": "", "date": "2026-08-08 17:04:56", "description": " <div class=\"article-news-new\">\n <div class=\"article-container\">\n\n<div class=\"article-content\">\n <div class=\"highlight-box\">\n <h3>Key Events This Week</h3>\n <p><strong>3 Aug:</strong> Stock opens strong at ₹856.80 (+1.97%) amid mixed market signals</p>\n <p><strong>4 Aug:</strong> Q1 FY27 results reveal 38% profit slump despite revenue growth</p>\n <p><strong>5 Aug:</strong> Financial trend downgraded to negative; valuation concerns intensify</p>\n <p><strong>6 Aug:</strong> Valuation metrics escalate, prompting downgrade to Sell</p>\n <p><strong>7 Aug:</strong> Downgrade to Strong Sell amid bearish technical momentum</p>\n </div>\n\n <div class=\"stats-row\">\n <div class=\"stat-item\"><div class=\"stat-label\">Week Open</div><div clas..." }, { "title": "Permanent Magnets Ltd Downgraded to Strong Sell Amid Financial and Valuation Concerns", "link": "https://www.marketsmojo.com/news/stock-recommendation/permanent-magnets-ltd-downgraded-to-strong-sell-amid-financial-and-valuation-concerns-4141020", "imagepath": "https://i.marketsmojo.com/newsimg/2026/8/PermanentMagnet_mojoScore_4141020.png", "date": "2026-08-07 08:04:22", "description": "Permanent Magnets Ltd has been downgraded from a Sell to a Strong Sell rating as of 6 August 2026, reflecting deteriorating financial trends, stretched valuations, and weakening technical indicators. The micro-cap engineering company’s recent quarterly results and market performance have raised concerns, prompting a reassessment across four key parameters: quality, valuation, financial trend, and technicals." }, { "title": "Permanent Magnets Ltd Faces Technical Momentum Shift Amid Bearish Signals", "link": "https://www.marketsmojo.com/news/stocks-in-action/permanent-magnets-ltd-faces-technical-momentum-shift-amid-bearish-signals-4140961", "imagepath": "https://i.marketsmojo.com/newsimg/2026/8/PermanentMagnet_technicaldot_4140961.png", "date": "2026-08-07 08:02:54", "description": "Permanent Magnets Ltd, a micro-cap player in the Other Electrical Equipment sector, has experienced a notable shift in its technical momentum, moving from a sideways trend to a mildly bearish stance. Despite some bullish signals on shorter timeframes, the overall technical landscape suggests caution for investors as the stock price declined 2.52% on 7 Aug 2026, closing at ₹821.00." }, { "title": "Permanent Magnets Ltd Valuation Shifts Signal Heightened Price Risk", "link": "https://www.marketsmojo.com/news/stocks-in-action/permanent-magnets-ltd-valuation-shifts-signal-heightened-price-risk-4139029", "imagepath": "https://i.marketsmojo.com/newsimg/2026/8/PermanentMagnet_valuationdot_4139029.png", "date": "2026-08-06 08:00:55", "description": "Permanent Magnets Ltd has seen a marked shift in its valuation parameters, moving from an expensive to a very expensive rating, driven primarily by a surge in its price-to-earnings (P/E) and price-to-book value (P/BV) ratios. Despite a challenging market backdrop and a recent downgrade in its Mojo Grade to Sell, the company’s valuation metrics now stand out sharply against both historical averages and peer comparisons within the Other Electrical Equipment sector." }, { "title": "Are Permanent Magnets Ltd latest results good or bad?", "link": "https://www.marketsmojo.com/news/result-analysis/are-permanent-magnets-ltd-latest-results-good-or-bad-4138407", "imagepath": "", "date": "2026-08-05 19:20:51", "description": "Permanent Magnets Ltd's latest financial results for Q1 FY27 reveal a complex picture characterized by significant revenue growth alongside a notable decline in profitability. The company reported a revenue of ₹63.23 crores, reflecting an 18.08% increase compared to the same quarter last year, driven by strong demand for its products. However, this growth did not translate into profit, as net profit fell sharply to ₹3.80 crores, a decline of 38.41% year-on-year. \n\nThe operational metrics indicate a concerning trend, with both the operating margin and profit after tax (PAT) margin experiencing compression. The operating margin decreased to 17.35% from 19.96% in the previous year, while the PAT margin nearly halved from 11.52% to 6.01%. This deterioration in margins suggests rising costs and operational challenges that are impacting the company's ability to convert revenue growth into profit.\n\nIn addition, th..." }, { "title": "Permanent Magnets Ltd Reports Negative Financial Trend Amid Mixed Quarterly Performance", "link": "https://www.marketsmojo.com/news/stocks-in-action/permanent-magnets-ltd-reports-negative-financial-trend-amid-mixed-quarterly-performance-4136619", "imagepath": "https://i.marketsmojo.com/newsimg/2026/8/PermanentMagnet_fintrenddot_4136619.png", "date": "2026-08-05 08:00:17", "description": "Permanent Magnets Ltd, a micro-cap player in the Other Electrical Equipment sector, has witnessed a marked deterioration in its financial trend for the quarter ended June 2026. Despite robust revenue growth and record-high cash reserves, the company’s profitability and operational efficiency indicators have weakened, prompting a downgrade in its Mojo Grade from Hold to Sell." }, { "title": "Permanent Magnets Q1 FY27: Profit Slumps 38% Despite Revenue Growth as Margins Compress", "link": "https://www.marketsmojo.com/news/result-analysis/permanent-magnets-q1-fy27-profit-slumps-38-despite-revenue-growth-as-margins-compress-4136540", "imagepath": "https://i.marketsmojo.com/newsimg/2026/8/PermanentMagnet_quaterlyResult_4136540.png", "date": "2026-08-04 22:31:11", "description": "Permanent Magnets Ltd., one of India's leading manufacturers of cast alloy permanent magnets and electric vehicle components, reported a disappointing Q1 FY27 performance with net profit declining 38.41% year-on-year to ₹3.80 crores despite revenue growth of 18.08%. The micro-cap company's shares, trading at ₹854.10 with a market capitalisation of ₹731.00 crores, have declined 8.81% over the past year, significantly underperforming its sector and the broader market." }, { "title": "Permanent Magnets Ltd Technical Momentum Shifts Amid Mixed Market Signals", "link": "https://www.marketsmojo.com/news/stocks-in-action/permanent-magnets-ltd-technical-momentum-shifts-amid-mixed-market-signals-4134663", "imagepath": "https://i.marketsmojo.com/newsimg/2026/8/PermanentMagnet_technicaldot_4134663.png", "date": "2026-08-04 08:05:08", "description": "Permanent Magnets Ltd, a micro-cap player in the Other Electrical Equipment sector, has experienced a notable shift in its technical momentum, prompting a downgrade in its MarketsMOJO grade from Hold to Sell as of 27 Jul 2026. Despite a modest daily price gain of 1.97%, the stock’s technical indicators reveal a complex picture of sideways momentum with mixed signals across weekly and monthly timeframes." }, { "title": "Permanent Magnets Ltd Declines 1.81% Amid Downgrade and Mixed Technical Signals", "link": "https://www.marketsmojo.com/news/stocks-in-action/permanent-magnets-ltd-declines-181-amid-downgrade-and-mixed-technical-signals-4131889", "imagepath": "", "date": "2026-08-01 17:02:29", "description": " <div class=\"article-news-new\">\n <div class=\"article-container\">\n\n<div class=\"article-content\">\n <div class=\"highlight-box\">\n <h3>Key Events This Week</h3>\n <p><strong>27 Jul:</strong> Stock opens at Rs.854.05, down 0.20% amid downgrade news</p>\n <p><strong>28 Jul:</strong> Downgrade to Sell rating announced; technical momentum shifts sideways</p>\n <p><strong>29 Jul:</strong> Technical momentum shifts mildly bullish despite price decline</p>\n <p><strong>30 Jul:</strong> Mildly bearish technical shift amid market pressure</p>\n <p><strong>31 Jul:</strong> Week closes at Rs.840.25, down 0.31% on the day</p>\n </div>\n\n <div class=\"stats-row\">\n <div class=\"stat-item\"><div class=\"stat-label\">Week Open</div><div class=\"stat-value\"..." } ], "total": 267, "sid": "551550", "stock_news_url": "https://www.marketsmojo.com/news/permanent-magnets-551550" }, "announcements": [ { "caption": "Announcement under Regulation 30 (LODR)-Press Release / Media Release", "datetime": "06-Aug-2026", "details": "Press Release on Unaudited Financial Result for the quarter ended June 30 2026", "source": "BSE" }, { "caption": "Shareholder Meeting / Postal Ballot-Scrutinizers Report", "datetime": "06-Aug-2026", "details": "As per Regulation 44 of SEBI(LODR) Regulations 2015 enclosed herewith Scrutinizer Report of 65th AGM.", "source": "BSE" }, { "caption": "Announcement under Regulation 30 (LODR)-Newspaper Publication", "datetime": "05-Aug-2026", "details": "Submission of Newspaper Advertisement - Unaudited Financial Result of June 30 2026.", "source": "BSE" } ], "corporate_actions": [ { "img": "board-meeting.svg", "title": "BOARD MEETING", "msg": "<span>No</span> Upcoming Board Meetings", "data": [] }, { "img": "dividend.svg", "title": "DIVIDEND", "msg": "", "data": [ { "txt": "Permanent Magnets Ltd has declared <strong>22%</strong> dividend, ex-date: 28 Jul 26", "dt": "2026-07-28", "middle_text": "Dividend Alert" } ] }, { "img": "splits.svg", "title": "SPLITS", "msg": "No <strong>Splits</strong> history available", "data": [] }, { "img": "bonus.svg", "title": "BONUS", "msg": "No <strong>Bonus</strong> history available", "data": [] }, { "img": "rights-issues.svg", "title": "RIGHTS", "msg": "No <strong>Rights</strong> history available", "data": [] } ] }

Key Events This Week

3 Aug: Stock opens strong at ₹856.80 (+1.97%) amid mixed market signals

4 Aug: Q1 FY27 results reveal 38% profit slump despite revenue growth

5 Aug: Financial trend downgraded to negative; valuation concerns intensify

6 Aug: Valuation metrics escalate, prompting downgrade to Sell

7 Aug: Downgrade to Strong Sell amid bearish technical momentum

Week Open

Read full news article

Permanent Magnets Ltd Downgraded to Strong Sell Amid Financial and Valuation Concerns

2026-08-07 08:04:22

Permanent Magnets Ltd has been downgraded from a Sell to a Strong Sell rating as of 6 August 2026, reflecting deteriorating financial trends, stretched valuations, and weakening technical indicators. The micro-cap engineering company’s recent quarterly results and market performance have raised concerns, prompting a reassessment across four key parameters: quality, valuation, financial trend, and technicals.

Read full news article

Permanent Magnets Ltd Faces Technical Momentum Shift Amid Bearish Signals

2026-08-07 08:02:54

Permanent Magnets Ltd, a micro-cap player in the Other Electrical Equipment sector, has experienced a notable shift in its technical momentum, moving from a sideways trend to a mildly bearish stance. Despite some bullish signals on shorter timeframes, the overall technical landscape suggests caution for investors as the stock price declined 2.52% on 7 Aug 2026, closing at ₹821.00.

Read full news article

Permanent Magnets Ltd Valuation Shifts Signal Heightened Price Risk

2026-08-06 08:00:55

Permanent Magnets Ltd has seen a marked shift in its valuation parameters, moving from an expensive to a very expensive rating, driven primarily by a surge in its price-to-earnings (P/E) and price-to-book value (P/BV) ratios. Despite a challenging market backdrop and a recent downgrade in its Mojo Grade to Sell, the company’s valuation metrics now stand out sharply against both historical averages and peer comparisons within the Other Electrical Equipment sector.

Read full news article

Are Permanent Magnets Ltd latest results good or bad?

2026-08-05 19:20:51

Permanent Magnets Ltd's latest financial results for Q1 FY27 reveal a complex picture characterized by significant revenue growth alongside a notable decline in profitability. The company reported a revenue of ₹63.23 crores, reflecting an 18.08% increase compared to the same quarter last year, driven by strong demand for its products. However, this growth did not translate into profit, as net profit fell sharply to ₹3.80 crores, a decline of 38.41% year-on-year. The operational metrics indicate a concerning trend, with both the operating margin and profit after tax (PAT) margin experiencing compression. The operating margin decreased to 17.35% from 19.96% in the previous year, while the PAT margin nearly halved from 11.52% to 6.01%. This deterioration in margins suggests rising costs and operational challenges that are impacting the company's ability to convert revenue growth into profit. In addition, th...

Read full news article

Permanent Magnets Ltd Reports Negative Financial Trend Amid Mixed Quarterly Performance

2026-08-05 08:00:17

Permanent Magnets Ltd, a micro-cap player in the Other Electrical Equipment sector, has witnessed a marked deterioration in its financial trend for the quarter ended June 2026. Despite robust revenue growth and record-high cash reserves, the company’s profitability and operational efficiency indicators have weakened, prompting a downgrade in its Mojo Grade from Hold to Sell.

Read full news article

Permanent Magnets Q1 FY27: Profit Slumps 38% Despite Revenue Growth as Margins Compress

2026-08-04 22:31:11

Permanent Magnets Ltd., one of India's leading manufacturers of cast alloy permanent magnets and electric vehicle components, reported a disappointing Q1 FY27 performance with net profit declining 38.41% year-on-year to ₹3.80 crores despite revenue growth of 18.08%. The micro-cap company's shares, trading at ₹854.10 with a market capitalisation of ₹731.00 crores, have declined 8.81% over the past year, significantly underperforming its sector and the broader market.

Read full news article

Permanent Magnets Ltd Technical Momentum Shifts Amid Mixed Market Signals

2026-08-04 08:05:08

Permanent Magnets Ltd, a micro-cap player in the Other Electrical Equipment sector, has experienced a notable shift in its technical momentum, prompting a downgrade in its MarketsMOJO grade from Hold to Sell as of 27 Jul 2026. Despite a modest daily price gain of 1.97%, the stock’s technical indicators reveal a complex picture of sideways momentum with mixed signals across weekly and monthly timeframes.