Southern Magnesium & Chemicals opened lower at ₹70.86, compared with its previous close of ₹72.00. In the last trading session on 12 Nov 2026, the stock traded between ₹68.50 and ₹70.86, with an average traded price of ₹68.56. It showed a downward intraday trend.
An investment of ₹10,000 made 5 years ago in Southern Magnesium & Chemicals is now worth
₹ 22,756.00
Giving a profit of
₹ 12,756.00 (127.56%)
Note: Past profits do not guarantee future returns.
No analyst rating data available.
Today's Change
-3.49 (-4.85%)
Day High
₹70.86
Day Low
₹68.50
Day Open
₹70.86
Prev Close
₹72.00
Volume
73
Value Traded
₹0.00 Cr
1W Return
-0.06%
1M Return
-9.88%
3M Return
-1.51%
6M Return
-20.72%
1Y Return
-43.52%
Market Cap (₹ Cr.)
21
PE Ratio
-56.70
PB Ratio
1.71
Dividend Yield
-
ROE
0.97%
ROCE
4.74%
Book Value (₹)
42.16
Face Value (₹)
10.00
EPS (TTM)
-
Industry PE
-
Beta
-
Debt to Equity
-
1 Week
-0.06%
6 Weeks
-
1 Month
-9.88%
3 Months
-1.51%
9 Months
-22.15%
No data available.
Southern Magnesium exempts from RPT disclosure under SEBI norms
Southern Magnesium & Chemicals Ltd states Regulation 23(9) RPT disclosure is not applicable. Exemption granted under Regulation 15(2) of SEBI (LODR) Regulations, 2015. Company's paid-up share capital and net worth are below ₹10 crore and ₹25 crore respectively. Thresholds assessed as on March 31, 2026.
6 days agoSouthern Magnesium Q2FY27 Results: Net loss widens to ₹39.9 lakh in H1
Net loss for H1FY27 widened to ₹39.89 lakh against a profit of ₹10.85 lakh in H1FY26. Revenue from operations fell 67.8% YoY to ₹60.34 lakh in the first half. Quarterly net profit of ₹10.12 lakh driven by ₹13.78 lakh deferred tax credit. Short-term borrowings increased to ₹517.70 lakh from ₹466.83 lakh since March 2026.
6 days agoSouthern Magnesium nominee director ceases role after APIDC withdrawal
Rama Krishna Maram ceased as Nominee Director of Southern Magnesium & Chemicals Ltd on November 3, 2026. Cessation resulted from the withdrawal of nomination by Andhra Pradesh Industrial Development Corporation Limited (APIDC). APIDC nominated Kum. M.S. Rajani Baby, Assistant General Manager, to replace Maram on the board. The incoming director's appointment is pending the acquisition of a Director Identification Number (DIN). The official letter from APIDC was dated July 29, 2026, but received and acted upon by the company on November 3, 2026.
9 days agoSouthern Magnesium GST proceedings closed with zero demand
Southern Magnesium & Chemicals received an order concluding GST proceedings with zero demand. The order resolves allegations of short payment of output tax raised in June 2026. Company confirms no financial impact on its operations from the closure of proceedings.
21 days agoSouthern Magnesium shareholders reject change in designation to MD
Special resolution to change Nuthakki Rajender Prasad's designation to Managing Director failed with 67.04% votes in favour against the required 75%. Mr. Prasad continues as Joint Managing Director and CFO under terms approved at the 39th AGM for the period August 2025 to August 2028. Ordinary resolutions for adopting financial statements and re-appointing Mr. Prasad as director were passed.
1mo agoSouthern Magnesium AGM on Sept 30: Rajender Prasad to take over as MD
Southern Magnesium & Chemicals holds 40th AGM on September 30, 2026. Meeting scheduled via video conferencing starting at 11:30 am. Shareholders to ratify Nuthakki Rajender Prasad as MD and CFO. Leadership change effective November 12, 2025 following resignation. FY26 net profit fell 96% to ₹12.64 lakh amid revenue drop.
2mo ago| Stock | LTP | Change % | Market Cap (Cr.) | PE | 1Y Return |
|---|---|---|---|---|---|
| ₹1,799.90 | -0.72% | ₹1,01,317.62 | 18.90 | +36.68% | |
| ₹69.52 | -2.18% | ₹61,120.72 | 8.40 | -9.92% | |
| ₹491.50 | -1.31% | ₹15,629.70 | 24.00 | -17.28% | |
| ₹1,501.20 | -1.55% | ₹11,080.12 | 28.30 | -13.57% | |
| ₹219.53 | -0.66% | ₹4,467.11 | 16.80 | -40.43% | |
| ₹401.55 | -2.25% | ₹3,835.85 | 10.50 | -39.10% | |
| ₹3,480.40 | -0.64% | ₹2,088.24 | 631.00 | -32.84% | |
| ₹415.00 | +0.00% | ₹1,025.05 | 39.90 | +130.56% | |
| ₹185.60 | -0.72% | ₹654.92 | 10.30 | -6.85% | |
| ₹1,237.00 | +0.00% | ₹371.34 | 9.40 | -27.39% | |
| ₹389.00 | +0.13% | ₹355.98 | -13.40 | -10.39% |
An investment of ₹10,000 made 5 years ago in Southern Magnesium & Chemicals is now worth
₹ 22,756.00
Giving a profit of
₹ 12,756.00 (127.56%)
Note: Past profits do not guarantee future returns.
