The small cap firm Permanent Magnets Limited (Permagn) had respectable financials, showing a yoy revenue growth of 14% to Rs. 16.16 crore, and 85% growth in net profits YoY for its December 2016 quarter (March quarter results have yet to be declared - and quarterly net profits still are small, well under a crore).

Nonetheless, some large shareholders are showing interest in this stock - recent shareholding disclosures indicate that large investor Sangeetha S joined Hitesh Javeri, Harsha Javeri and Dipak Kanayalal Shah in investing in this company. The share price of the company is currently bullish but below its 30 day average.