India, Oct. 26 -- The shares of the Micro-cap company, which specializes in the design and manufacture of precision-engineered magnetics, current sensors, soft magnetic components, and electromechanical assemblies, are in the spotlight as they have rallied 20 percent in today's trade after its Q2 results. With a market capitalization of Rs. 852.11 crores in the day's trade, the shares of Permanent Magnets Ltdhit a 20 percent upper circuit, reaching a high of Rs. 1,037.45 per share compared to its previous closing price of Rs. 864.55 per share.

Q2 Results

Revenue from Operations increased by 47.5 percent YoY, from Rs. 49.13 crore in Q2 FY26 to Rs. 72.46 crore in Q2 FY27. It also increased by 14.6 percent QoQ, from Rs. 63.23 crore in Q1...