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Permanent Magnets Share Price Target 2024, 2025, 2026 to 2039 With Charts

Permanent Magnets Limited

Company LogoSymbol: PERMAGN
Price: ₹979.84
Exchange: BSE
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Permanent Magnets Financial Performance

MetricValueDescription
Market Capital1,003.78 CroreMarket valuation of Permanent Magnets's shares.
Revenue (TTM)171.22 CroreTotal revenue generated by Permanent Magnets over the past twelve months.
Net Income (TTM)+29.75 CroreNet Profit or Loss after all the expenses over the past twelve months.
Operating Margin23.82%Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin31.14%Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
-5.93%Change in revenue compared to the previous quarter.
Debt-to-Equity
(D/E) Ratio
0.11Company's total debt divided by total shareholder equity.
Total Debt13.77 CroreSum of Permanent Magnets's current & long-term financial obligations.

Is Permanent Magnets A Good Buy For Long Term?

Permanent Magnets is a small-cap stock with impressive historical returns, especially over the past three and five years (609.43% and 486.10%, respectively). However, its recent performance has been negative, with returns falling in the past 3, 6, and 12 months, including a YTD decline of 26.86%. Financially, the company generated revenue of ₹201.48 Crore and a net profit of ₹20.2 Crore in the last 12 months, with a healthy profit margin of 44.68%. However, it carries a debt of ₹24.47 Crore. Based on this data, Permanent Magnets could be considered an average buy for long-term investors, as its historical growth potential suggests it may recover from recent losses.

To predict the Permanent Magnets's future market prices, we harnessed 2 dynamic approaches:

Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices

Approach 1: Technical Analysis Paired With Price Action

Permanent Magnets Share Price Target For 2024

Permanent Magnets Targets For 2024 Chart

The line chart displays the monthly closing prices of Permanent Magnets with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.

For detailed target and stop loss values for Permanent Magnets shares in 2024, see the table below.

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Permanent Magnets Share Price Target Table For 2024

Permanent Magnets's LevelsValueReason/Importance
2024 Target 31020.00 (+4.09%)Price Action: 13 Aug 2024 Low
2024 Target 21008.00 (+2.87%)Price Action: 05 Aug 2024 Low
2024 Target 1998.00 (+1.85%)Price Action: Aug 2024 High
Current Price979.84Permanent Magnets's 1 share price as of Fri 06 Sep 2024
Stop Loss 1971.61 (-0.84%)Fibonacci Retracement Level 98.6%
Stop Loss 2949.30 (-3.12%)Price Action: Mar 2023 High
Stop Loss 3937.57 (-4.32%)Fibonacci Retracement Extended 28.2%

Summary: Permanent Magnets Share Price Prediction For 2024

In summary, Permanent Magnets has declined by ₹-444.46, recording a notable -31.21% decrease from 1st January 2024 to 06 Sep 2024. Despite the setback, our analysis of Permanent Magnets for 2024 predicts an additional rise of 1.85% to 4.09% by the end of 2024 with three potential targets T1: 998.00, T2: 1008.00, T3: 1020.00. Stop Loss at SL1: 971.61, SL2: 949.30, SL3: 937.57.

Permanent Magnets has a 52-week high of ₹1615.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹901.70, a critical support level - think of this as a safety net where the price might stop falling.

After looking at 2024's share price prediction, let's now check what 2025 might hold for Permanent Magnets.

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Permanent Magnets Share Price Target For 2025

Permanent Magnets Targets For 2025 Chart

The line chart displays the monthly closing prices of Permanent Magnets with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.

For detailed target and stop loss values for Permanent Magnets shares in 2025, see the table below.

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Permanent Magnets Share Price Target Table For 2025

Permanent Magnets's LevelsValueReason/Importance
2025 Target 31555.70 (+58.77%)Price Action: Chart
2025 Target 21526.69 (+55.81%)Price Action: Chart
2025 Target 11511.57 (+54.26%)Custom Fibonacci Extension Lvl 64.9%
Current Price979.84Permanent Magnets's 1 share price as of Fri 06 Sep 2024
Stop Loss 1850.35 (-13.22%)Price Action: Chart
Stop Loss 2841.85 (-14.09%)Price Action: Chart
Stop Loss 3826.70 (-15.63%)Price Action: Chart

Summary: Permanent Magnets Share Price Prediction For 2025

In summary, Permanent Magnets has declined by ₹-444.46, recording a notable -31.21% decrease from 1st January 2024 to 06 Sep 2024. Despite the setback, our analysis of Permanent Magnets for 2025 predicts an additional rise of 54.26% to 58.77% by the end of 2025 with three potential targets T1: 1511.57, T2: 1526.69, T3: 1555.70. Stop Loss at SL1: 850.35, SL2: 841.85, SL3: 826.70.

Permanent Magnets has a All-Time high of ₹1721.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹901.70, a critical support level - think of this as a safety net where the price might stop falling.

After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for Permanent Magnets, we have created a specific page for that check here: Permanent Magnets Share Price Target For Tomorrow & Next Week

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Approach 2: Machine Learning By Studying Historical Prices

Permanent Magnets Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039

Permanent Magnets Targets Chart 2024, 2025, 2026 to 2039

This chart presents a detailed projection of Permanent Magnets share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of -0.07% over the next 15 years.

For complete year by year Permanent Magnets long term share price target from 2024, 2025 to 2039 check the below table.

Permanent Magnets Share Price Target Table From 2024, 2025, 2026 to 2039

YearPermanent Magnets TargetYoY Change %
2024₹979.84[Current Price]
2024₹999.742.03%
2025₹915.94-8.39%
2026₹925.181%
2027₹835.49-9.7%
2028₹748.52-10.41%
2029₹638.91-14.65%
2030₹670.84.98%
2031₹732.99.25%
2032₹733.710.11%
2033₹830.4713.18%
2034₹734.92-11.51%
2035₹724.37-1.44%
2036₹702.75-2.99%
2037₹803.7614.37%
2038₹1,028.8528%
2039₹989.84-3.8%

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Permanent Magnets Past Performance

PERMAGN main
Permanent Magnets has been listed on NSE for more than 22 years.
  • In 2002, Permanent Magnets opening price was ₹1.65
  • As of Fri 06 Sep 2024 the price stands at ₹979.84.
  • This represents a Compound Annual Growth Rate (CAGR) of 32.01%.
  • In 22 years, an investment of 10,000 would have become ₹59.38 Lakh.

As we wrap up, we hope you like our study on Permanent Magnets share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.

Show Methodology We Use

Methodology Behind the Prediction

The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.

We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.

For more insights into Permanent Magnets Limited, explore these additional resources:-

Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.

About The Author

Nippun

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, and let’s learn from each other. My Twitter