Shares of Permanent Magnets have provided substantial returns to investors over the past decade, rising by 11,940%. Holding Rs 10,000 in the stock for 10 years would have resulted in a value of nearly Rs 12 lakh. The company, with a market capitalization of approximately Rs 1,050 crore, is a top manufacturer of Alnico Cast Magnets and Yoke Assemblies. The latest shareholding pattern shows promoters owning 58.01% of the stake, with retail investors holding 21%. Analysts suggest buying the stock on dips near Rs 1,170 levels, as it is in an overbought zone.