PERMAGN - VCP Pattern in progress - Buy Watchlist

#MK
#PERMAGN
#BSE listed stock
Permanent Magnets Limited
CMP 101
Buy ONLY above 115.
Stop 99
Target Open (Trail 10 weeks MA)

#VCP
33W 48/11 5T in progress.

Fundamentals
Positives:
YoY quarterly profit has shown a significant uptrend in the last 4 quarters.
Margins have also been steadily increasing.
Promoter holding 71.80%

Negatives:
Debt equity at 0.93
0.36% of shares pledged by promoters.


Qn-4 Qn-3 Qn-2 Qn-1
Sales 26.36% 30.92% 49.01% 18.20%
OP -9300.00% 19.80% 29.86% 1052.63%
NP -190.00% 36.11% 270.83% 444.44%
OPM 5.48% 5.35% 7.77% 14.95%
NPM 1.07% 2.17% 7.39% 10.04%