South. Magnesium

Market Cap: Micro Cap
Industry: Minerals & Mining
ISIN: INE308N01012
NSEID:
BSEID: 513498

INR

91.51

-3.18 (-3.36%)

BSENSE

Dec 05

BSE+NSE Vol: 23

{
  "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": "91.51",
    "chg": -3.18,
    "chgp": "-3.36%",
    "dir": -1,
    "prev_price": "94.69",
    "mcapval": "27.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 513498,
    "symbol": "",
    "ind_name": "Minerals & Mining",
    "ind_code": 54,
    "indexname": "",
    "isin": "INE308N01012",
    "curr_date": "Dec 05",
    "curr_time": "",
    "bse_nse_vol": "23 ",
    "exc_status": "Active",
    "traded_date": "Dec 05, 2025",
    "traded_date_str": "2025 12 05",
    "score": "",
    "scoreText": "",
    "Live": 1,
    "market_time": 1,
    "is_blur": 1,
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    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/south-magnesium-203255-0&utm_source=Spage_Header_Score",
    "mojoone": {
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  "news": {
    "results": [
      {
        "title": "Southern Magnesium & Chemicals Faces Intense Selling Pressure Amid Consecutive Losses",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/southern-magnesium-chemicals-faces-intense-selling-pressure-hits-lower-circuit-amid-market-turmoil-3735725",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/SouthernMagnesi_only_sellers_3735725.png",
        "date": "2025-11-28 13:45:12",
        "description": "Southern Magnesium & Chemicals Ltd is currently experiencing severe selling pressure, with the stock registering a sixth consecutive day of losses and no buyers visible in the order book. The stock’s performance starkly contrasts with broader market gains, signalling distress selling and heightened investor caution."
      },
      {
        "title": "Southern Magnesium & Chemicals Faces Intense Selling Pressure Amid Consecutive Losses",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/southern-magnesium-chemicals-faces-intense-selling-pressure-amid-sharp-declines-3731463",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/SouthernMagnesi_only_sellers_3731463.png",
        "date": "2025-11-26 13:15:11",
        "description": "Southern Magnesium & Chemicals Ltd is currently experiencing severe selling pressure, with the stock registering a sharp decline and no buying interest visible on the trading floor. The company’s shares have recorded consecutive losses over the past four days, signalling distress selling and a challenging market environment for this Minerals & Mining sector player."
      },
      {
        "title": "Southern Magnesium & Chemicals Faces Intense Selling Pressure Amid Consecutive Losses",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/southern-magnesium-chemicals-faces-intense-selling-pressure-hits-lower-circuit-amid-market-turmoil-3725554",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/SouthernMagnesi_only_sellers_3725554.png",
        "date": "2025-11-24 13:15:12",
        "description": "Southern Magnesium & Chemicals Ltd is currently experiencing significant selling pressure, with the stock registering a sharp decline and no buyers visible in the order book. The company’s shares have fallen for two consecutive sessions, signalling distress selling and a challenging market environment for this Minerals & Mining sector player."
      },
      {
        "title": "Why is South. Magnesium falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-south-magnesium-fallingrising-3721824",
        "imagepath": "",
        "date": "2025-11-22 00:24:26",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Recent Price Movement and Market Context</strong></p>\n<p>Southern Magnesium’s share price performance on 21-Nov was notably weaker than its sector peers and the broader market. The stock underperformed the Metal - Non Ferrous sector, which itself declined by 2.91% on the day. The stock’s 4.95% fall exceeded the sector’s drop by over two percentage points, highlighting a sharper sell-off in Southern Magnesium relative to its industry group.</p>\n<p>Intraday, the stock touched a low of ₹106.60, which also represented the closing price, indicating sustained selling pressure throughout the trading session. The weighted average price data suggests that a larger volume of shares traded closer to this low price, reinforcing the bearish sentiment among investors during the day.</p>\n<p><strong>Technic..."
      },
      {
        "title": "Southern Magnesium & Chemicals Ltd Faces Significant Selling Pressure with 4.54% Daily Loss",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/southern-magnesium-chemicals-ltd-faces-significant-selling-pressure-with-454-daily-loss-3707695",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/SouthernMagnesi_only_sellers_3707695.png",
        "date": "2025-11-17 14:00:10",
        "description": "Southern Magnesium & Chemicals Ltd is experiencing notable selling pressure, marked by consecutive losses and a significant decline today. Despite a monthly increase, the stock has faced a substantial yearly drop, contrasting sharply with the Sensex's performance. The stock's position relative to various moving averages suggests ongoing challenges in the market."
      },
      {
        "title": "Why is South. Magnesium falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-south-magnesium-fallingrising-3698452",
        "imagepath": "",
        "date": "2025-11-13 21:30:59",
        "description": "As of 13-Nov, Southern Magnesium & Chemicals Ltd is experiencing a decline in its stock price, currently at Rs 113.90, which reflects a decrease of Rs 5.4 or 4.53%. The stock has been underperforming, having lost 6.1% over the last two days and is down 6.45% over the past week. Today's trading saw the stock reach a high of Rs 121.7 but also dip to a low of Rs 113.35. Additionally, the stock's delivery volume has significantly decreased by 82.69% compared to the five-day average, indicating falling investor participation. While the stock has shown positive returns over the longer term, such as a 128.71% increase over three years, it has suffered a substantial year-to-date decline of 56.36%.\n\nIn the broader market context, the Sensex has gained 1.40% over the past week, contrasting with the stock's decline. This suggests that the stock is not only underperforming relative to its sector, which has seen a 2.32%..."
      },
      {
        "title": "Are South. Magnesium latest results good or bad?",
        "link": "https://www.marketsmojo.com/news/result-analysis/are-south-magnesium-latest-results-good-or-bad-3698235",
        "imagepath": "",
        "date": "2025-11-13 19:24:05",
        "description": "Southern Magnesium's latest financial results for Q2 FY26 present a complex picture of operational performance. The company reported a significant sequential recovery in net sales, with a growth of 654.55% compared to the previous quarter, bringing revenues to ₹1.66 crores. This rebound allowed the company to return to profitability, posting a net profit of ₹0.21 crores after two quarters of losses. \n\nHowever, when viewed year-on-year, the results reveal substantial challenges. Revenues have declined by 57.76% compared to ₹3.93 crores in Q2 FY25, indicating severe operational volatility. The operating margin has also contracted significantly, falling to 15.66% from 35.11% in the same quarter last year, reflecting pressures on profitability despite the revenue uptick. Additionally, the profit after tax (PAT) margin decreased to 12.65% from 29.01% year-on-year, further underscoring the challenges faced by the..."
      },
      {
        "title": "Southern Magnesium & Chemicals Ltd Faces 4.99% Decline Amid Significant Selling Pressure Today",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/southern-magnesium-chemicals-ltd-faces-499-decline-amid-significant-selling-pressure-today-3697497",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/SouthernMagnesi_only_sellers_3697497.png",
        "date": "2025-11-13 11:10:13",
        "description": "Southern Magnesium & Chemicals Ltd is experiencing significant selling pressure, marked by consecutive losses and a notable year-to-date decline. Despite a recent positive monthly performance, the stock has consistently underperformed compared to the Sensex and is trading below key moving averages, indicating a bearish trend amidst broader market challenges."
      },
      {
        "title": "Southern Magnesium Q2 FY26: Sharp Revenue Recovery Masks Margin Erosion",
        "link": "https://www.marketsmojo.com/news/result-analysis/southern-magnesium-q2-fy26-sharp-revenue-recovery-masks-margin-erosion-3697319",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/SouthernMagnesi_quaterlyResult_3697319.png",
        "date": "2025-11-13 09:18:53",
        "description": "Southern Magnesium & Chemicals Ltd., a micro-cap minerals and mining company with a market capitalisation of ₹36.00 crores, reported a dramatic sequential recovery in Q2 FY26, with net profit surging to ₹0.21 crores from a loss of ₹0.10 crores in the previous quarter. However, the year-on-year comparison reveals concerning trends, with net profit plunging 81.58% from ₹1.14 crores in Q2 FY25, highlighting the company's struggle to maintain profitability amidst operational challenges."
      }
    ],
    "total": 284,
    "sid": "203255",
    "stock_news_url": "https://www.marketsmojo.com/news/southern-magnesium-chemicals-203255"
  },
  "announcements": [
    {
      "caption": "Announcement under Regulation 30 (LODR)-Newspaper Publication",
      "datetime": "13-Nov-2025",
      "details": "Copies of Newspaper Advertisement regarding unaudited standalone financial results for the quarter and half year ended 30.09.2025.",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Change in Directorate",
      "datetime": "12-Nov-2025",
      "details": "Change in Designation of Mr. N Rajender Prasad from Joint Managing Director & CFO to Managing Director & CFO for the remainder of his tenure till 09.08.2028 on existing/same terms subject to approval of the members.",
      "source": "BSE"
    },
    {
      "caption": "Non-Applicability Of Regulation 23(9) Of SEBI (LODR) Regulations 2015",
      "datetime": "12-Nov-2025",
      "details": "Certificate on Non-Applicability of Regulation 23(9) of SEBI (LODR) Regulations 2015 is attached.",
      "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 Faces Intense Selling Pressure Amid Consecutive Losses

2025-11-28 13:45:12

Southern Magnesium & Chemicals Ltd is currently experiencing severe selling pressure, with the stock registering a sixth consecutive day of losses and no buyers visible in the order book. The stock’s performance starkly contrasts with broader market gains, signalling distress selling and heightened investor caution.

Southern Magnesium & Chemicals Faces Intense Selling Pressure Amid Consecutive Losses

2025-11-26 13:15:11

Southern Magnesium & Chemicals Ltd is currently experiencing severe selling pressure, with the stock registering a sharp decline and no buying interest visible on the trading floor. The company’s shares have recorded consecutive losses over the past four days, signalling distress selling and a challenging market environment for this Minerals & Mining sector player.

Southern Magnesium & Chemicals Faces Intense Selling Pressure Amid Consecutive Losses

2025-11-24 13:15:12

Southern Magnesium & Chemicals Ltd is currently experiencing significant selling pressure, with the stock registering a sharp decline and no buyers visible in the order book. The company’s shares have fallen for two consecutive sessions, signalling distress selling and a challenging market environment for this Minerals & Mining sector player.

Why is South. Magnesium falling/rising?

2025-11-22 00:24:26

Recent Price Movement and Market Context

Southern Magnesium’s share price performance on 21-Nov was notably weaker than its sector peers and the broader market. The stock underperformed the Metal - Non Ferrous sector, which itself declined by 2.91% on the day. The stock’s 4.95% fall exceeded the sector’s drop by over two percentage points, highlighting a sharper sell-off in Southern Magnesium relative to its industry group.

Intraday, the stock touched a low of ₹106.60, which also represented the closing price, indicating sustained selling pressure throughout the trading session. The weighted average price data suggests that a larger volume of shares traded closer to this low price, reinforcing the bearish sentiment among investors during the day.

Technic...

Read More

Southern Magnesium & Chemicals Ltd Faces Significant Selling Pressure with 4.54% Daily Loss
2025-11-17 14:00:10
Southern Magnesium & Chemicals Ltd is experiencing notable selling pressure, marked by consecutive losses and a significant decline today. Despite a monthly increase, the stock has faced a substantial yearly drop, contrasting sharply with the Sensex's performance. The stock's position relative to various moving averages suggests ongoing challenges in the market.
Read More

Why is South. Magnesium falling/rising?
2025-11-13 21:30:59
As of 13-Nov, Southern Magnesium & Chemicals Ltd is experiencing a decline in its stock price, currently at Rs 113.90, which reflects a decrease of Rs 5.4 or 4.53%. The stock has been underperforming, having lost 6.1% over the last two days and is down 6.45% over the past week. Today's trading saw the stock reach a high of Rs 121.7 but also dip to a low of Rs 113.35. Additionally, the stock's delivery volume has significantly decreased by 82.69% compared to the five-day average, indicating falling investor participation. While the stock has shown positive returns over the longer term, such as a 128.71% increase over three years, it has suffered a substantial year-to-date decline of 56.36%. In the broader market context, the Sensex has gained 1.40% over the past week, contrasting with the stock's decline. This suggests that the stock is not only underperforming relative to its sector, which has seen a 2.32%...
Read More

Are South. Magnesium latest results good or bad?
2025-11-13 19:24:05
Southern Magnesium's latest financial results for Q2 FY26 present a complex picture of operational performance. The company reported a significant sequential recovery in net sales, with a growth of 654.55% compared to the previous quarter, bringing revenues to ₹1.66 crores. This rebound allowed the company to return to profitability, posting a net profit of ₹0.21 crores after two quarters of losses. However, when viewed year-on-year, the results reveal substantial challenges. Revenues have declined by 57.76% compared to ₹3.93 crores in Q2 FY25, indicating severe operational volatility. The operating margin has also contracted significantly, falling to 15.66% from 35.11% in the same quarter last year, reflecting pressures on profitability despite the revenue uptick. Additionally, the profit after tax (PAT) margin decreased to 12.65% from 29.01% year-on-year, further underscoring the challenges faced by the...
Read More

Southern Magnesium & Chemicals Ltd Faces 4.99% Decline Amid Significant Selling Pressure Today
2025-11-13 11:10:13
Southern Magnesium & Chemicals Ltd is experiencing significant selling pressure, marked by consecutive losses and a notable year-to-date decline. Despite a recent positive monthly performance, the stock has consistently underperformed compared to the Sensex and is trading below key moving averages, indicating a bearish trend amidst broader market challenges.
Read More

Southern Magnesium Q2 FY26: Sharp Revenue Recovery Masks Margin Erosion
2025-11-13 09:18:53
Southern Magnesium & Chemicals Ltd., a micro-cap minerals and mining company with a market capitalisation of ₹36.00 crores, reported a dramatic sequential recovery in Q2 FY26, with net profit surging to ₹0.21 crores from a loss of ₹0.10 crores in the previous quarter. However, the year-on-year comparison reveals concerning trends, with net profit plunging 81.58% from ₹1.14 crores in Q2 FY25, highlighting the company's struggle to maintain profitability amidst operational challenges.
Read More

View All News

Announcement

Announcement under Regulation 30 (LODR)-Newspaper Publication

13-Nov-2025 | Source : BSE

Copies of Newspaper Advertisement regarding unaudited standalone financial results for the quarter and half year ended 30.09.2025.

Announcement under Regulation 30 (LODR)-Change in Directorate

12-Nov-2025 | Source : BSE

Change in Designation of Mr. N Rajender Prasad from Joint Managing Director & CFO to Managing Director & CFO for the remainder of his tenure till 09.08.2028 on existing/same terms subject to approval of the members.