Southern Magnesium & Chemicals Ltd (SOUTHMG) is currently trading at 79.11 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.

Southern Magnesium & Chemicals (SMCL) specializes in the manufacture of magnesium chips, turnings, granules, and powders, having transitioned from magnesium metal due to market conditions. Incorporated in 1985, SMCL started operations with a 200 tpa pilot plant, later upgraded to 600 tpa, collaborating with Andhra Pradesh Industrial Development Corporation. The company experienced various expansions, including the establishment of a plant in Bahrain and enhancement of reduction furnaces in 1995-96. Despite halting magnesium metal production, SMCL diversifies into magnesium downstream products, enhancing its market adaptability.

Over the past 52 weeks, Southern Magnesium & Chemicals Ltd has traded between a low of ₹61.15 and a high of ₹131.40. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.

Southern Magnesium & Chemicals Ltd has a market capitalization of approximately 24.00. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.

Southern Magnesium & Chemicals Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of -88.89 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.

Based on its market capitalization of 24.00 Cr, Southern Magnesium & Chemicals Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.

Southern Magnesium & Chemicals Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.

The Price-to-Earnings (PE) ratio of Southern Magnesium & Chemicals Ltd is -88.89. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.