Southern Magnesium & Chemicals Share Price
BSE: 513498 | Mining & Mineral products | Small Cap
Southern Magnesium & Chemicals Annualised Returns
Southern Magnesium & Chemicals Annualised Returns
Southern Magnesium & Chemicals Share Price Today
Southern Magnesium & Chemicals Share Price Today
As of 1 Nov 2026, Southern Magnesium & Chemicals share price is ₹72. The stock opened at ₹73.5 and had closed at ₹69.3 the previous day. During today’s trading session, Southern Magnesium & Chemicals share price moved between ₹71.99 and ₹73.50, with an average price for the day of ₹72.75. Over the last 52 weeks, the stock has recorded a low of ₹61.15 and a high of ₹131.40. In terms of performance, Southern Magnesium & Chemicals share price has declined by 17.2% over the past six months and has declined by 43.78% over the last year.
Southern Magnesium & Chemicals Stock Performance
Southern Magnesium & Chemicals Share Price Chart
Southern Magnesium & Chemicals Share Price Chart
Southern Magnesium & Chemicals Company background
Incorporated in February 1985, Southern Magnesium Chemicals Limited (SMCL) is promoted by N B Prasad and N Ravi Prasad. The Company had set up a project at Gowripatnam, Andhra Pradesh, to manufacture Magnesium Metal, in a joint venture with the Andhra Pradesh Industrial Development Corporation. The Company currently produces magnesium turnings, chips, granules, powders and magnesium pieces by supplying them to various industries in terms of customer specification. The Company acquired a pilot plant set up the National Metallurgical Laboratory for the manufacture of magnesium by Pidgeon process with a capacity of 200 tons per annum,. The company then carried out necessary alterations, modifications, additions and enhanced the capacity to 600 tons per annum. Commercial production commenced in 1990.SMCL came out with a public issue in Dec.93 to diversify into the production of various down stream products like magnesium granules, magnesium powder, magnesium alloy and magnesium extrusion.In 199495, the company had set up a magnesium metal plant in Bahrain, an overseas client. In 199596, two new reduction furnaces were commissioned and a third was commissioned on Nov.96/Dec.96.The company commissioned Gas based generating sets in Dec, 1997 and also set up a carbondioxide plant. It has further set up a pilot plant for production of magnesium carbonate from calcined dolomite and carbondioxide, both of which are already available at its plant site, to strengthen its activities.Due to unfavourable market conditions, the Company stopped Magnesium Metal Production and currently manufactures Magnesium Chips, Turnings, Granules and Powders in 2012.The Company has changed its main objects in FY 201920, by diversifying the business into production of various downstream products like magnesium granules, magnesium powder, magnesium alloy and magnesium extrusion.
Southern Magnesium & Chemicals Financial Highlights
As of 1 November 2026, Southern Magnesium & Chemicals’s market capitalization reached at ₹21.60 crores. Shareholding as of 1 November 2026 shows promoters holding 50.9%, DIIs at 11.2%, and public at 37.8%.
Southern Magnesium & Chemicals Fundamental
Market Cap (in crs)
21.60
Face Value
10
Turnover (in lacs)
0.16
Key Metrics
Southern Magnesium & Chemicals Technical Analysis
Delivery & Volume
Delivery Volume %
Day
52.30%
Week
94.30%
Month
96.40%
Resistance & Support
Southern Magnesium & Chemicals Peer comparison
CompareIndex Name | Market Price |
|---|---|
71.99 +2.71 (+3.91%)▲ | |
1,315.40 -37.40 (-2.76%)▼ | |
27.03 -0.37 (-1.35%)▼ | |
181.50 -9.50 (-4.97%)▼ | |
57.70 +4.20 (+7.85%)▲ | |
279.45 +2.95 (+1.07%)▲ | |
42.90 -0.20 (-0.46%)▼ |
Southern Magnesium & Chemicals Latest News
Southern Magnesium & Chemicals Share Price FAQs
You can easily buy Southern Magnesium & Chemicals shares in Kotak Neo by opening a demat account and getting the KYC documents verified online.
The 52-week high and low of Southern Magnesium & Chemicals share price is ₹131.4 and ₹61.15 as of 30/10/2026.
Please be aware that Southern Magnesium & Chemicals stock prices are subject to continuous fluctuations due to various factors.