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Permanent Magnets Ltd. (PERMAGN) Share Price Rises 8.3% as Micro Cap Stock Clears Threshold

  • August 19, 2026
  • Posted by: Harsh Piplani
  • Category: News
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Permanent Magnets Ltd. Share Price

Permanent Magnets Ltd. at Rs 871 was up 8.3% today, adding Rs 66.75 over the previous close, with market capitalisation at Rs 697.68 crore.

Permanent Magnets Ltd. Share Price moved sharply higher in today’s session, with the stock trading at Rs 871, up 8.3% from the previous close of Rs 804.25. That lifted the company’s market capitalisation to Rs 697.68 crore and placed the move firmly on the radar of Stock Market Today watchers looking for fresh top gainer activity in the Indian Stock Market. For investors tracking Permanent Magnets Ltd. Share Price Today, the numbers confirm a meaningful same-day price rise rather than a routine fluctuation.

The stock opened at Rs 811.05, touched an intraday high of Rs 917.4 and held above its day low of Rs 811.05, showing that the session was active from the open itself. The supplied data confirms the price event and also shows healthy trading participation, with total volume at 41,838 shares and turnover at Rs 1.21 crore. On exchange-wise activity, BSE volume stood at 13,914 shares, NSE volume at 27,924 shares and the tracked volume exchange was BSE.

Why is the stock rising today? The verified data clearly establishes the share price gain, the stronger intraday range and the fact that Permanent Magnets Ltd. qualified as a Micro Cap stock that cleared its own threshold bar. What the data does not establish is a company-specific catalyst, so this Permanent Magnets Ltd. Stock News update stays focused on price action, valuation, profitability, sector positioning and peer context. For readers on Univest, that combination matters because a sharp move becomes more relevant when it intersects with fundamentals such as a P/E ratio of 55.72, ROE of 26.04 and ROCE of 35.09. Investors should monitor whether today’s move is supported by sustained participation, relative valuation discipline and sector context in Capital Goods and Electric Equipment.

Permanent Magnets Ltd. (PERMAGN) Share Price Today: Price Action Analysis

Metric Value
Current Price Rs 871
Previous Close Rs 804.25
Today's Change +Rs 66.75 (+8.3%)
Day Open Rs 811.05
Day High Rs 917.4
Day Low Rs 811.05
Current Volume (BSE) 13,914
BSE Traded Volume 13,914
NSE Traded Volume 27,924
Combined NSE + BSE Volume 41,838
Turnover Rs 1.21 crore
Market Capitalisation Rs 697.68 crore
Market Cap Category Micro Cap

Permanent Magnets Ltd. (PERMAGN) traded at Rs 871. versus the previous close of Rs 804.25, a rise of 8.3%. The stock opened at Rs 811.05, reached Rs 917.4, touched Rs 811.05. Reported volume was 13,914.

Permanent Magnets Ltd. (PERMAGN) Fundamental Analysis

Metric Value
Market Capitalisation Rs 697.68 crore
P/E Ratio 55.72x
P/B Ratio 4.29x
ROE 26.04%
ROCE 35.09%
EPS Rs 14.43
Dividend Yield 0.27%

Permanent Magnets Ltd. was valued at a P/E ratio of 55.72x, a P/B ratio of 4.29x. These multiples provide valuation context, but they should not be labelled expensive or inexpensive without a comparable peer or sector benchmark.

Profitability and capital efficiency were represented by ROE of 26.04% and ROCE of 35.09%. ROE relates profit to shareholder equity, while ROCE measures returns generated on the capital employed in the business.

Per-share and shareholder-return metrics included EPS of Rs 14.43, dividend yield of 0.27%. Dividend yield is a current or historical ratio and does not guarantee future distributions.

Permanent Magnets Ltd. Fundamental Analysis shows a company that is small by market capitalisation but not insignificant in profitability terms. At a market cap of Rs 697.68 crore, it sits in the Micro Cap bracket, which speaks to company size rather than quality. The valuation picture, however, is more demanding: the stock trades at a P/E ratio of 55.72 and a P/B ratio of 4.29. Those are the two headline multiples investors typically use to frame whether current pricing is conservative or rich relative to earnings and book value.

For profitability, the supplied figures are strong. Return on equity stands at 26.04, while return on capital employed is even higher at 35.09. In practical terms, ROE measures how effectively shareholder capital is being used, and ROCE indicates the efficiency of capital employed across the business. Both figures suggest that Permanent Magnets Ltd. is generating robust returns relative to its capital base. That is one reason Permanent Magnets Ltd. Share Price and Permanent Magnets Ltd. Stock Analysis can attract attention even when the valuation multiple looks elevated on the surface.

The supplied EPS is 14.43, which means the stock price is being valued against Rs 14.43 of earnings per share. Dividend yield is 0.27, a modest historical payout relative to the current share price. Investors comparing Permanent Magnets Ltd. Share Price Today with its fundamentals should read that combination carefully: earnings exist, profitability ratios are strong and there is a dividend yield, but the market is also assigning a relatively full earnings multiple.

From that lens, Permanent Magnets Ltd. Share Price appears to be drawing market attention because the stock’s price rise is meeting a backdrop of strong ROE and ROCE, even as the P/E ratio of 55.72 indicates that expectations embedded in the valuation are not low. That balance between quality indicators and valuation discipline becomes more useful when compared against the wider Electric Equipment benchmark and listed peers.

Sector and Industry Context

Metric Value
Sector Capital Goods
Industry Electric Equipment
Benchmark Scope same industry
Company P/E Ratio 55.72x
Benchmark Median P/E 28.36x
Benchmark Average P/E 58.7x
Benchmark P/E Range 4.46x to 736.1x
Company P/B Ratio 4.29x
Benchmark Median P/B 3.14x
Company ROE 26.04%
Benchmark Median ROE 6.73%
Company ROCE 35.09%
Benchmark Median ROCE 10.57%
Company Market Capitalisation Rs 697.68 crore
Benchmark Median Market Cap Rs 369.32 crore

Permanent Magnets Ltd. (PERMAGN) is classified under sector: Capital Goods and industry: Electric Equipment.

Permanent Magnets Ltd. (PERMAGN) has a P/E ratio of 55.72x, which is above the benchmark median of 28.36x, a difference of +96.47%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.

Permanent Magnets Ltd. (PERMAGN) has a ROE of 26.04%, which is above the benchmark median of 6.73%, a difference of +286.92%. Permanent Magnets Ltd. (PERMAGN) has a ROCE of 35.09%, which is above the benchmark median of 10.57%, a difference of +231.98%.

Track today’s top gainers through the Univest top gainers screener. The peer table below provides the company-level comparison.

Permanent Magnets Ltd. operates in the Capital Goods sector and Electric Equipment industry. Against the supplied same-industry benchmark of 68 companies, the company stands out on returns, while its valuation sits above the industry median and close to the industry average, making sector comparison central to understanding today’s price rise.

The sector snapshot supplied to Univest covers 68 companies in the same industry. Within that benchmark scope, Permanent Magnets Ltd. has a company P/E of 55.72. That compares with a benchmark P/E median of 28.36, a benchmark P/E average of 58.7, a minimum of 4.46 and a maximum of 736.1 across 59 companies with P/E data. The implication is nuanced. Permanent Magnets Ltd. Share Price is valued at almost double the sector median earnings multiple, but it is still slightly below the industry average P/E. That means the stock does not sit at the cheapest end of the range, yet it is also not at the outermost extreme seen in the peer set.

On book value multiples, the company’s P/B is 4.29. The industry median P/B is 3.14 and the average is 4.06, with a range from -18.11 to 31.46 across 67 companies. Again, the stock sits above the median and modestly above the average, suggesting that Permanent Magnets Ltd. Share Price Today embeds a premium to balance sheet value relative to much of the industry.

Where the company looks stronger is returns. Permanent Magnets Ltd. reports ROE of 26.04 against an industry median of 6.73 and an industry average of -1 across 68 companies. ROCE of 35.09 is also well above the industry median of 10.57 and average of 7.37. Market capitalisation of Rs 697.68 crore sits above the benchmark median of Rs 369.32 crore but below the average of Rs 753.43 crore, within a wide range of Rs 1.57 crore to Rs 3,043.47 crore. Put together, the sector data suggests that Permanent Magnets Ltd. Share Price is not lowly valued versus the median, but it is supported by materially stronger profitability than much of the same-industry universe.

Peer Comparison

Company Symbol Market Cap (Cr) P/E P/B ROE (%) ROCE (%)
Ujaas Energy Ltd. UEL 3,043.47 736.1 31.46 -89.32 -41.55
Rishabh Instruments Ltd. RISHABH 2,684.3 31.91 3.49 16.13 15.25
Bharat Bijlee Ltd. BBL 2,637.58 23.58 1.29 5.3 7.57
Yash Highvoltage Limited YASHHV 2,633.41 70.52 14.47 33.37 44.9
Honda India Power Products Ltd. HONDAPOWER 2,150.38 32.65 2.64 11.69 15.84

Permanent Magnets Ltd. (PERMAGN) has a P/E ratio of 55.72x compared with the displayed peer median of 32.65x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 26.04% compares with a peer median of 11.69% across the companies shown in the table. ROCE stood at 35.09% versus the displayed peer median of 15.25%, providing a capital-efficiency comparison. Permanent Magnets Ltd. (PERMAGN) has a market capitalisation of Rs 697.68 crore. Among the 5 peers shown, 5 have a larger market capitalisation.

Peer comparison helps place Permanent Magnets Ltd. Share Price in a more practical market context. The supplied peer set includes companies such as Ujaas Energy Ltd., Rishabh Instruments Ltd., Bharat Bijlee Ltd., Yash Highvoltage Limited, Honda India Power Products Ltd., Exicom Tele-Systems Ltd., HPL Electric & Power Ltd., Alpex Solar Ltd., Vidya Wires Ltd. and Servotech Power Systems Ltd.

On size, Permanent Magnets Ltd. at Rs 697.68 crore is smaller than all the listed peers shown, whose market capitalisations range from Rs 1,864.35 crore for Servotech Power Systems Ltd. to Rs 3,043.47 crore for Ujaas Energy Ltd. That gap matters because smaller companies can show sharper day-to-day price moves without being directly comparable in liquidity or institutional profile to larger peers.

Valuation-wise, Permanent Magnets Ltd. trades at 55.72 times earnings. That is far below Ujaas Energy at 736.1 and below Exicom Tele-Systems at 83.98, but above Rishabh Instruments at 31.91, Bharat Bijlee at 23.58, Honda India Power Products at 32.65, HPL Electric & Power at 22.13, Alpex Solar at 11.13 and Vidya Wires at 29.92. It is also below Yash Highvoltage at 70.52. So on P/E, Permanent Magnets Ltd. Share Price sits in the upper half of the peer range, but not at the most expensive extreme.

Its profitability compares better. ROE of 26.04 is stronger than Rishabh Instruments at 16.13, Bharat Bijlee at 5.3, Honda India Power Products at 11.69, Exicom at 9.1, HPL at 1.33, Alpex Solar at 8.43 and Servotech at 2.33. It is close to Vidya Wires at 27.11 and below Yash Highvoltage at 33.37. ROCE of 35.09 is also ahead of most peers, trailing only Yash Highvoltage at 44.9 among the names listed here. This peer pattern suggests that Permanent Magnets Ltd. Share Price is backed by comparatively strong capital efficiency, though the market already prices in part of that quality through a higher-than-median valuation.

Why Investors Are Watching Permanent Magnets Ltd.

Permanent Magnets Ltd. Share Price is being watched because today’s move combined meaningful price action with a verified threshold-clearing event in the Micro Cap category. For market participants following Stocks in News, Bullish Stocks and Momentum Stocks, the stock now sits at the intersection of intraday strength, profitability and above-median valuation in the Electric Equipment space.

  • Verified price action: the stock rose 8.3% to Rs 871 from Rs 804.25, after opening at Rs 811.05 and touching Rs 917.4.
  • Trading activity: total volume stood at 41,838 shares, including 13,914 on BSE and 27,924 on NSE, with turnover of Rs 1.21 crore.
  • Category relevance:<
  • Fundamental context: P/E is 55.72, P/B is 4.29, ROE is 26.04, ROCE is 35.09, EPS is 14.43 and dividend yield is 0.27.
  • Sector positioning: valuation is above the same-industry median, while profitability is well above the benchmark median.

What should investors monitor next? The key points are whether Permanent Magnets Ltd. Share Price continues to hold a meaningful portion of today’s gain, whether turnover remains active after this Price Action move and whether the stock’s premium valuation remains justified by its stronger ROE and ROCE versus sector and peer benchmarks. Univest readers should also track whether the market keeps treating this as a one-day top gainer or as part of a broader stock performance trend.

About Permanent Magnets Ltd.

Permanent Magnets Ltd. is being assessed here through its verified market data within the Capital Goods sector and Electric Equipment industry. Based on the supplied company and sector context, the business sits in an industry that includes manufacturers and equipment-focused companies with a broad spread of valuation and profitability outcomes. That makes industry positioning important when evaluating Permanent Magnets Ltd. Share Price News and Permanent Magnets Ltd. Latest News.

The company’s place in the Electric Equipment segment means investors typically evaluate it through sector-specific measures such as P/E, P/B, ROE and ROCE, while also comparing its market capitalisation with other listed names in the same space. In this case, Permanent Magnets Ltd. has a market cap of Rs 697.68 crore, which is above the same-industry median market value of Rs 369.32 crore but below the average of Rs 753.43 crore. That places it in a middle band of industry size despite being classified as a Micro Cap for event screening purposes.

Because today’s Permanent Magnets Ltd. Share Price update is based strictly on supplied data, the most reliable company overview comes from its market position and financial profile: a smaller listed Capital Goods company in Electric Equipment with a relatively high earnings multiple, above-average book value multiple and notably strong return metrics. For investors reading Permanent Magnets Ltd. Company News and Permanent Magnets Ltd. Financial Analysis, that means the stock is best understood as a niche industry participant whose current market attention is linked to both today’s price rise and its stronger profitability ratios versus much of the sector.

Track Permanent Magnets Ltd. Share Price on Univest

Use Permanent Magnets Ltd. (PERMAGN) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top gainers lists and related market analysis.

Investors who want to follow Permanent Magnets Ltd. Share Price more closely can use Univest to monitor live Share Price, Stock Price moves, 52 week levels, valuation ratios and broader Market News context in one place. Permanent Magnets Ltd. Share Price Today can be tracked alongside market capitalisation, P/E ratio, P/B ratio, EPS, dividend yield and profitability measures such as ROE and ROCE.

Univest also helps users keep an eye on Permanent Magnets Ltd. Stock News, Permanent Magnets Ltd. Shareholding Pattern when updated, sector context, peer comparison and ongoing Stock Updates across NSE and BSE. For readers following Momentum Analysis, Market Movers and day-specific Permanent Magnets Ltd. Share Price Update trends, that structured view can help separate one-session price rises from broader market context without turning the analysis into a recommendation.

Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).

Frequently Asked Questions

Why is Permanent Magnets Ltd. Share Price rising today?

Ans. Permanent Magnets Ltd. Share Price rose because the stock recorded a verified same-day gain of 8.3%, moving to Rs 871 from Rs 804.25. The supplied data confirms the price event and active trading, but does not establish a company-specific catalyst.

What is Permanent Magnets Ltd. Share Price Today?

Ans. Permanent Magnets Ltd. Share Price Today was Rs 871 at the time of this update on 19 August 2026 at 11:07:10 AM IST. That reflected a gain of Rs 66.75, or 8.3%, over the previous close of Rs 804.25.

How much did Permanent Magnets Ltd. stock gain in today’s session?

Ans. The stock gained Rs 66.75 in absolute terms and 8.3% in percentage terms during the session covered here. That price rise qualified the company for this event-based update and made it a notable Micro Cap top gainer today.

What were the day’s open, high and low for Permanent Magnets Ltd.?

Ans. Permanent Magnets Ltd. opened at Rs 811.05, touched an intraday high of Rs 917.4 and recorded a day low of Rs 811.05. The fact that the low matched the open shows the session’s lower band was set early.

What does the volume data show for Permanent Magnets Ltd.?

Ans. Trading activity was meaningful, with total volume at 41,838 shares and turnover at Rs 1.21 crore. BSE volume stood at 13,914 shares, NSE volume at 27,924 shares and the tracked volume exchange in this data set was BSE.

What is the market capitalisation of Permanent Magnets Ltd.?

Ans. Permanent Magnets Ltd. had a market capitalisation of Rs 697.68 crore in this update. The stock is categorised as a Micro Cap for the event screen, while its market value is above the same-industry median of Rs 369.32 crore.

Is Permanent Magnets Ltd. expensive compared with its industry benchmark?

Ans. On earnings, the stock’s P/E ratio of 55.72 is above the same-industry median of 28.36 but slightly below the industry average of 58.7. Its P/B ratio of 4.29 is also above the median of 3.14 and average of 4.06.

How profitable is Permanent Magnets Ltd. based on supplied ratios?

Ans. The company shows strong profitability on the supplied metrics, with ROE at 26.04 and ROCE at 35.09. Both are well above the same-industry medians of 6.73 for ROE and 10.57 for ROCE, respectively.

What do EPS and dividend yield indicate for Permanent Magnets Ltd.?

Ans. The supplied EPS is 14.43, showing the earnings attributable to each share, while dividend yield is 0.27, indicating a modest historical payout relative to the current market price. These figures add context to the stock’s valuation.

How does Permanent Magnets Ltd. compare with listed peers?

Ans. Permanent Magnets Ltd. is smaller than the listed peers supplied, but its ROE of 26.04 and ROCE of 35.09 compare favourably with many of them. Its P/E of 55.72 sits above several peers, though below the highest extremes.



Author: Harsh Piplani
I am Harsh Piplani, an Assistant Content Manager with over 5 years of experience in crafting impactful, result-driven content. I hold a B.Com (Hons) degree and have worked across diverse industries, including education, fintech, healthcare, jewellery, and more. I specialise in content strategy, SEO, and optimisation, ensuring that every piece I create is not just well-written but also well-ranked. I believe content should do more than fill space so as to drive traffic, build authority, and support business growth. I enjoy turning complex ideas into clear, engaging narratives, and, as I like to say, I know how to spin words like a web to influence, structured, strategic, and impossible to ignore. For me, great content sits at the intersection of creativity and performance.

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