{
  "main_header": {
    "sid": 203255,
    "name": "South. Magnesium",
    "stock_name": "South. Magnesium",
    "full_name": "Southern Magnesium & Chemicals Ltd",
    "name_url": "stocks-analysis/south-magnesium",
    "exchange": 0,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "152.00",
    "chg": 0.1,
    "chgp": "0.07%",
    "dir": 1,
    "prev_price": "151.90",
    "mcapval": "46.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 513498,
    "symbol": "",
    "ind_name": "Metal - Non Ferrous ",
    "ind_code": 54,
    "isin": "INE308N01012",
    "curr_date": "Apr 11, 12:30 PM",
    "curr_time": "01:29 AM",
    "bse_nse_vol": "622 ",
    "exc_status": "Active",
    "traded_date": "Apr 11, 2025",
    "traded_date_str": "2025 04 11",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "is_blur": 1,
    "is_blur_class": "blur-registerF-score-header",
    "is_blur_url": "https://sandbox-www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/south-magnesium-203255-0&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0
    }
  },
  "news": {
    "results": [
      {
        "title": "Southern Magnesium & Chemicals Ltd Sees Strong Buying Activity Amid Broader Market Decline",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/southern-magnesium-chemicals-ltd-surges-5-07-today-marking-13-89-weekly-gain-amid-market-decline-1696594",
        "imagepath": "",
        "date": "2025-04-03 11:45:03",
        "description": "Southern Magnesium & Chemicals Ltd is witnessing significant buying activity, with the stock rising 5.07% today, contrasting sharply with the Sensex, which has declined by 0.31%. Over the past week, the stock has gained 13.89%, while the Sensex has fallen by 1.58%. This trend of consecutive gains marks the fourth day of increases for Southern Magnesium, accumulating a total return of 10.73% during this period.\n\nThe stock opened with a gap up of 2.82% and reached an intraday high of Rs 149, reflecting a 4.93% increase from the previous close. Despite its recent performance, the stock has faced challenges over longer periods, with a year-to-date decline of 42.84% compared to the Sensex's drop of 2.25%. However, its three-year and five-year performances are noteworthy, showing substantial gains of 431.91% and 1012.60%, respectively, against the Sensex's 28.85% and 176.82%.\n\nThe current buying pressure may be a..."
      },
      {
        "title": "Southern Magnesium & Chemicals Faces Volatility Amid Broader Market Challenges and Declining Stakeholder Confidence",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/southern-magnesium-chemicals-hits-new-52-week-low-at-rs-126-9-amid-declining-performance-1638769",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/3/SouthernMagnesi_priceRelatedfactors_832235.png",
        "date": "2025-03-28 09:38:17",
        "description": "Southern Magnesium & Chemicals has faced notable volatility, reaching a new 52-week low and experiencing a five-day losing streak. Despite a significant annual decline, the company has demonstrated strong management efficiency and growth in net sales and operating profit, though a slight decrease in promoter stake raises concerns."
      },
      {
        "title": "Southern Magnesium & Chemicals Faces Significant Volatility Amid Declining Stock Performance",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/southern-magnesium-chemicals-hits-52-week-low-amid-ongoing-stock-decline-3-1627790",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/3/SouthernMagnesi_priceRelatedfactors_824586.png",
        "date": "2025-03-27 14:05:41",
        "description": "Southern Magnesium & Chemicals has faced notable volatility, reaching a new 52-week low and experiencing a significant decline over the past four days. The stock is trading below key moving averages, indicating a bearish trend. Despite challenges, the company shows strong management efficiency and healthy long-term growth in net sales."
      },
      {
        "title": "Southern Magnesium & Chemicals Faces Intense Selling Pressure Amid Significant Price Declines",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/southern-magnesium-chemicals-ltd-faces-7-36-decline-amidst-strong-selling-pressure-today-1627094",
        "imagepath": "",
        "date": "2025-03-27 13:40:03",
        "description": "Southern Magnesium & Chemicals Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced a consecutive decline over the past four days, resulting in a total loss of 12.1% during this period. Today, the stock fell by 7.36%, starkly contrasting with the Sensex, which gained 0.47%.\n\nIn the past week, Southern Magnesium & Chemicals has dropped 12.62%, while the Sensex rose by 1.70%. Over the last month, the stock has lost 12.65%, compared to a 4.07% increase in the Sensex. Year-to-date, the stock is down 50.79%, while the Sensex has only slightly declined by 0.63%. \n\nThe stock is now just 2.5% away from its 52-week low of Rs 128.5, having touched an intraday low of Rs 131.65 today. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend. The underperformance agains..."
      },
      {
        "title": "Southern Magnesium & Chemicals Adjusts Valuation Amid Competitive Market Landscape",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/southern-magnesium-chemicals-sees-valuation-grade-change-from-expensive-to-fair-1598374",
        "imagepath": "",
        "date": "2025-03-26 08:00:07",
        "description": "Southern Magnesium & Chemicals, a microcap player in the non-ferrous metal industry, has recently undergone a valuation adjustment. The company's financial metrics reflect a PE ratio of 10.57 and an EV to EBITDA ratio of 8.61, indicating a competitive position within its sector. The PEG ratio stands at 0.52, suggesting a favorable growth outlook relative to its earnings.\n\nIn terms of profitability, Southern Magnesium boasts a robust ROCE of 43.91% and an ROE of 31.88%, highlighting effective capital utilization and shareholder returns. Despite these strengths, the company's stock has faced challenges, with a year-to-date return of -45.59%, contrasting sharply with the Sensex's slight decline of -0.16% over the same period.\n\nWhen compared to its peers, Southern Magnesium's valuation metrics appear more attractive, particularly against companies like NILE and Manaksia Aluminum, which have higher PE ratios and..."
      },
      {
        "title": "Southern Magnesium & Chemicals Faces Intense Selling Pressure Amid Significant Price Declines",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/southern-magnesium-chemicals-ltd-faces-significant-selling-pressure-with-3-60-daily-decline-1573265",
        "imagepath": "",
        "date": "2025-03-24 09:40:04",
        "description": "Southern Magnesium & Chemicals Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive days of losses, reflecting a troubling trend in its performance. Today, the stock declined by 3.60%, while the benchmark Sensex rose by 0.46%. Over the past week, Southern Magnesium & Chemicals has lost 1.33%, contrasting sharply with the Sensex's gain of 4.17%. \n\nIn the last month, the stock has dropped 5.52%, while the Sensex has increased by 3.77%. The three-month performance reveals a staggering decline of 51.03% for Southern Magnesium & Chemicals, compared to a slight decrease of 1.55% in the Sensex. Year-to-date, the stock is down 44.62%, while the Sensex has only dipped by 1.13%. \n\nPotential contributing factors to this selling pressure may include broader market trends, sector-specific challenges, or company-specific issues. The stock..."
      },
      {
        "title": "Southern Magnesium & Chemicals Ltd Sees Strong Buying Momentum Amid Market Challenges",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/southern-magnesium-chemicals-ltd-rises-4-98-today-gaining-6-07-over-last-month-1439094",
        "imagepath": "",
        "date": "2025-03-18 10:15:04",
        "description": "Southern Magnesium & Chemicals Ltd is currently witnessing significant buying activity, with a notable 4.98% increase in its stock price today, outperforming the Sensex, which rose by 1.01%. Over the past week, the stock has gained 2.60%, again surpassing the Sensex's 1.10% increase. In the last month, Southern Magnesium & Chemicals has shown a 6.07% rise, while the Sensex has declined by 1.38%. \n\nDespite this recent uptick, the stock has faced challenges over longer periods, with a substantial 52.38% decline over the past three months and a 29.45% drop year-on-year. However, its performance over three, five, and ten years remains impressive, with gains of 698.96%, 1046.91%, and 742.74%, respectively, compared to the Sensex's more modest increases.\n\nToday's trading session opened with a gap up, and the stock reached an intraday high, reflecting the strong buying momentum. Factors contributing to this buying..."
      },
      {
        "title": "Southern Magnesium & Chemicals Ltd Sees Notable Price Surge Amid Increased Buying Activity",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/southern-magnesium-chemicals-ltd-surges-5-today-achieving-intraday-high-of-rs-151-2-1402739",
        "imagepath": "",
        "date": "2025-03-17 11:00:04",
        "description": "Southern Magnesium & Chemicals Ltd is currently witnessing significant buying activity, with the stock gaining 5.00% today, outperforming the Sensex, which rose by 0.45%. Over the past two days, the stock has shown consecutive gains, accumulating a total return of 4.2%. Despite opening with a gap down of 4.17%, the stock rebounded to reach an intraday high of Rs 151.2, reflecting a 5% increase from its previous close.\n\nIn terms of performance relative to the Sensex, Southern Magnesium & Chemicals has had a mixed trajectory. While it has struggled over the longer term, with a year-to-date decline of 42.07% compared to the Sensex's 5.09% drop, it has demonstrated remarkable growth over three and five years, with increases of 685.45% and 971.58%, respectively.\n\nThe recent buying pressure may be attributed to various factors, including market sentiment and potential developments within the non-ferrous metal ind..."
      },
      {
        "title": "Southern Magnesium & Chemicals Ltd Sees Strong Buying Activity Amid Price Gains",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/southern-magnesium-chemicals-ltd-rises-4-74-marks-fourth-consecutive-day-of-gains-1517318",
        "imagepath": "",
        "date": "2025-03-10 10:05:05",
        "description": "Southern Magnesium & Chemicals Ltd is currently witnessing significant buying activity, with the stock gaining 4.74% today, outperforming the Sensex, which rose by only 0.43%. Over the past week, the stock has shown a robust performance, increasing by 14.70%, compared to the Sensex's 2.14%. Notably, Southern Magnesium has experienced consecutive gains for the last four days, accumulating a total return of 16.92% during this period.\n\nThe stock reached an intraday high of Rs 157.9, reflecting a 4.67% increase from the previous close. Despite this positive momentum, the stock's performance over the past month shows a decline of 7.06%, while it has faced more significant challenges over the last three months, down 52.54%. \n\nFactors contributing to the current buying pressure may include recent market sentiment shifts, sector-specific developments, or company-specific news. The stock's performance relative to it..."
      }
    ],
    "total": 86,
    "sid": "203255",
    "stock_news_url": "https://sandbox-www.marketsmojo.com/news/southern-magnesium-chemicals-203255"
  },
  "announcements": [
    {
      "caption": "Closure of Trading Window",
      "datetime": "24-Mar-2025",
      "details": "Intimation of Closure of Trading Window",
      "source": "BSE"
    },
    {
      "caption": "Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011",
      "datetime": "13-Mar-2025",
      "details": "The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011 for Nuthakki Ram Prasad",
      "source": "BSE"
    },
    {
      "caption": "Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011",
      "datetime": "13-Mar-2025",
      "details": "The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011 for Nuthakki Ram Prasad",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "No <strong>Dividend</strong> history available",
      "data": []
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Southern Magnesium & Chemicals Ltd Sees Strong Buying Activity Amid Broader Market Decline

2025-04-03 11:45:03

Southern Magnesium & Chemicals Ltd is witnessing significant buying activity, with the stock rising 5.07% today, contrasting sharply with the Sensex, which has declined by 0.31%. Over the past week, the stock has gained 13.89%, while the Sensex has fallen by 1.58%. This trend of consecutive gains marks the fourth day of increases for Southern Magnesium, accumulating a total return of 10.73% during this period. The stock opened with a gap up of 2.82% and reached an intraday high of Rs 149, reflecting a 4.93% increase from the previous close. Despite its recent performance, the stock has faced challenges over longer periods, with a year-to-date decline of 42.84% compared to the Sensex's drop of 2.25%. However, its three-year and five-year performances are noteworthy, showing substantial gains of 431.91% and 1012.60%, respectively, against the Sensex's 28.85% and 176.82%. The current buying pressure may be a...

Read More

Southern Magnesium & Chemicals Faces Volatility Amid Broader Market Challenges and Declining Stakeholder Confidence

2025-03-28 09:38:17

Southern Magnesium & Chemicals has faced notable volatility, reaching a new 52-week low and experiencing a five-day losing streak. Despite a significant annual decline, the company has demonstrated strong management efficiency and growth in net sales and operating profit, though a slight decrease in promoter stake raises concerns.

Read More

Southern Magnesium & Chemicals Faces Significant Volatility Amid Declining Stock Performance

2025-03-27 14:05:41

Southern Magnesium & Chemicals has faced notable volatility, reaching a new 52-week low and experiencing a significant decline over the past four days. The stock is trading below key moving averages, indicating a bearish trend. Despite challenges, the company shows strong management efficiency and healthy long-term growth in net sales.

Read More

Southern Magnesium & Chemicals Faces Intense Selling Pressure Amid Significant Price Declines

2025-03-27 13:40:03

Southern Magnesium & Chemicals Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced a consecutive decline over the past four days, resulting in a total loss of 12.1% during this period. Today, the stock fell by 7.36%, starkly contrasting with the Sensex, which gained 0.47%. In the past week, Southern Magnesium & Chemicals has dropped 12.62%, while the Sensex rose by 1.70%. Over the last month, the stock has lost 12.65%, compared to a 4.07% increase in the Sensex. Year-to-date, the stock is down 50.79%, while the Sensex has only slightly declined by 0.63%. The stock is now just 2.5% away from its 52-week low of Rs 128.5, having touched an intraday low of Rs 131.65 today. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend. The underperformance agains...

Read More

Southern Magnesium & Chemicals Adjusts Valuation Amid Competitive Market Landscape

2025-03-26 08:00:07

Southern Magnesium & Chemicals, a microcap player in the non-ferrous metal industry, has recently undergone a valuation adjustment. The company's financial metrics reflect a PE ratio of 10.57 and an EV to EBITDA ratio of 8.61, indicating a competitive position within its sector. The PEG ratio stands at 0.52, suggesting a favorable growth outlook relative to its earnings. In terms of profitability, Southern Magnesium boasts a robust ROCE of 43.91% and an ROE of 31.88%, highlighting effective capital utilization and shareholder returns. Despite these strengths, the company's stock has faced challenges, with a year-to-date return of -45.59%, contrasting sharply with the Sensex's slight decline of -0.16% over the same period. When compared to its peers, Southern Magnesium's valuation metrics appear more attractive, particularly against companies like NILE and Manaksia Aluminum, which have higher PE ratios and...

Read More

Southern Magnesium & Chemicals Faces Intense Selling Pressure Amid Significant Price Declines

2025-03-24 09:40:04

Southern Magnesium & Chemicals Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive days of losses, reflecting a troubling trend in its performance. Today, the stock declined by 3.60%, while the benchmark Sensex rose by 0.46%. Over the past week, Southern Magnesium & Chemicals has lost 1.33%, contrasting sharply with the Sensex's gain of 4.17%. In the last month, the stock has dropped 5.52%, while the Sensex has increased by 3.77%. The three-month performance reveals a staggering decline of 51.03% for Southern Magnesium & Chemicals, compared to a slight decrease of 1.55% in the Sensex. Year-to-date, the stock is down 44.62%, while the Sensex has only dipped by 1.13%. Potential contributing factors to this selling pressure may include broader market trends, sector-specific challenges, or company-specific issues. The stock...

Read More

Southern Magnesium & Chemicals Ltd Sees Strong Buying Momentum Amid Market Challenges

2025-03-18 10:15:04

Southern Magnesium & Chemicals Ltd is currently witnessing significant buying activity, with a notable 4.98% increase in its stock price today, outperforming the Sensex, which rose by 1.01%. Over the past week, the stock has gained 2.60%, again surpassing the Sensex's 1.10% increase. In the last month, Southern Magnesium & Chemicals has shown a 6.07% rise, while the Sensex has declined by 1.38%. Despite this recent uptick, the stock has faced challenges over longer periods, with a substantial 52.38% decline over the past three months and a 29.45% drop year-on-year. However, its performance over three, five, and ten years remains impressive, with gains of 698.96%, 1046.91%, and 742.74%, respectively, compared to the Sensex's more modest increases. Today's trading session opened with a gap up, and the stock reached an intraday high, reflecting the strong buying momentum. Factors contributing to this buying...

Read More

Southern Magnesium & Chemicals Ltd Sees Notable Price Surge Amid Increased Buying Activity

2025-03-17 11:00:04

Southern Magnesium & Chemicals Ltd is currently witnessing significant buying activity, with the stock gaining 5.00% today, outperforming the Sensex, which rose by 0.45%. Over the past two days, the stock has shown consecutive gains, accumulating a total return of 4.2%. Despite opening with a gap down of 4.17%, the stock rebounded to reach an intraday high of Rs 151.2, reflecting a 5% increase from its previous close. In terms of performance relative to the Sensex, Southern Magnesium & Chemicals has had a mixed trajectory. While it has struggled over the longer term, with a year-to-date decline of 42.07% compared to the Sensex's 5.09% drop, it has demonstrated remarkable growth over three and five years, with increases of 685.45% and 971.58%, respectively. The recent buying pressure may be attributed to various factors, including market sentiment and potential developments within the non-ferrous metal ind...

Read More

Southern Magnesium & Chemicals Ltd Sees Strong Buying Activity Amid Price Gains

2025-03-10 10:05:05

Southern Magnesium & Chemicals Ltd is currently witnessing significant buying activity, with the stock gaining 4.74% today, outperforming the Sensex, which rose by only 0.43%. Over the past week, the stock has shown a robust performance, increasing by 14.70%, compared to the Sensex's 2.14%. Notably, Southern Magnesium has experienced consecutive gains for the last four days, accumulating a total return of 16.92% during this period. The stock reached an intraday high of Rs 157.9, reflecting a 4.67% increase from the previous close. Despite this positive momentum, the stock's performance over the past month shows a decline of 7.06%, while it has faced more significant challenges over the last three months, down 52.54%. Factors contributing to the current buying pressure may include recent market sentiment shifts, sector-specific developments, or company-specific news. The stock's performance relative to it...

Read More

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