Use Try..Catch to trap the error by telling PS to treat it as a terminating error, then process it as you require:
# Rest of your script
Try {
# Run your command, but tell PS to stop if it find an error
# You can explore the effects of the other possible values for -ErrorAction in PS documentation.
Stop-VM $VMpagar -ErrorAction Stop
# If it's got this far, then there can't have been an error so write a success message to console
Write-Host "OK"
}
Catch {
# This code will process if there was an error in the "Try" block
# By default, within the "Catch" block, the "$_" variable contains the error message
Write-Host "Error: $_"
# Write the error to a log file - "`n" tells PS to write a newline before the subsequent text
Add-Content -Path 'c:\temp\log.txt' -Value "`n$_"
# You could stop the script here using "Throw" or "Exit" commands if you want the whole script to stop on ANY error
}
# Your script will continue from this point if you haven't stopped it