Southern Magnesium & Chemicals Ltd () News & Corporate Actions | Announcements, Board Meetings, Splits, Bonuses, Rights Issues

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  "main_header": {
    "sid": 203255,
    "name": "South. Magnesium",
    "stock_name": "South. Magnesium",
    "full_name": "Southern Magnesium & Chemicals Ltd",
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    "country_id": 34,
    "currency": "INR",
    "cmp": "72.03",
    "chg": 0.78,
    "chgp": "1.09%",
    "dir": 1,
    "prev_price": "71.25",
    "mcapval": "23.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 513498,
    "symbol": "",
    "ind_name": "Minerals & Mining",
    "ind_code": 54,
    "sector_id": 48,
    "indexname": "India SENSEX",
    "isin": "INE308N01012",
    "curr_date": "Jul 17, 03:30 PM",
    "curr_time": "09:22 AM",
    "last_traded_at": "Jul 17, 03:30 PM IST",
    "bse_nse_vol": "2.29 k",
    "exc_status": "Active",
    "traded_date": "Jul 17, 2026",
    "traded_date_str": "2026 07 17",
    "score": "",
    "scoreText": "",
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  "news": {
    "results": [
      {
        "title": "Southern Magnesium & Chemicals Ltd is Rated Strong Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/southern-magnesium-chemicals-ltd-is-rated-strong-sell-3992555",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/SouthernMagnesi_mojoScore_3992555.png",
        "date": "2026-05-15 10:10:26",
        "description": "Southern Magnesium & Chemicals Ltd is rated Strong Sell by MarketsMOJO. This rating was last updated on 31 Dec 2024, reflecting a significant reassessment of the stock’s outlook. However, the analysis and financial metrics discussed below represent the company’s current position as of 15 May 2026, providing investors with an up-to-date perspective on its performance and prospects."
      },
      {
        "title": "Are Southern Magnesium & Chemicals Ltd latest results good or bad?",
        "link": "https://www.marketsmojo.com/news/result-analysis/are-southern-magnesium-chemicals-ltd-latest-results-good-or-bad-3976422",
        "imagepath": "",
        "date": "2026-05-05 19:14:34",
        "description": "Southern Magnesium & Chemicals Ltd's latest financial results for Q4 FY26 indicate a complex operational landscape. The company reported net sales of ₹0.90 crores, reflecting a sequential growth of 55.17% from ₹0.58 crores in Q3 FY26. This improvement is noteworthy, especially considering the previous quarter's significant decline in revenue. Year-on-year, sales also showed an 11.11% increase compared to ₹0.81 crores in Q4 FY25.\n\nOn the profitability front, Southern Magnesium achieved a net profit of ₹0.06 crores, a notable turnaround from a loss in the prior quarter. The profit after tax margin stood at 6.67%, significantly better than the negative margin of -6.90% in Q3 FY26. However, this profit was heavily reliant on other income, which constituted nearly 28% of total revenue, raising concerns about the sustainability of this profitability.\n\nThe company's operating margin, excluding other income, was re..."
      },
      {
        "title": "Southern Magnesium Q4 FY26: Profits Return Amid Revenue Volatility, But Valuation Concerns Persist",
        "link": "https://www.marketsmojo.com/news/result-analysis/southern-magnesium-q4-fy26-profits-return-amid-revenue-volatility-but-valuation-concerns-persist-3974453",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/SouthernMagnesi_quaterlyResult_3974453.png",
        "date": "2026-05-04 18:30:49",
        "description": "Southern Magnesium & Chemicals Ltd., a micro-cap minerals and mining company specialising in magnesium products, reported a return to profitability in Q4 FY26 with a net profit of ₹0.06 crores, marking a recovery from the ₹0.04 crore loss recorded in the previous quarter. However, the company's highly volatile revenue trajectory and extreme valuation multiples continue to raise serious concerns for investors. The stock closed at ₹92.01 on May 4, 2026, up 5.76% on the day but down 36.54% over the past year, significantly underperforming both the broader market and its sector peers."
      },
      {
        "title": "When is the next results date for Southern Magnesium & Chemicals Ltd?",
        "link": "https://www.marketsmojo.com/news/result-analysis/when-is-the-next-results-date-for-southern-magnesium-chemicals-ltd-3967207",
        "imagepath": "",
        "date": "2026-04-28 23:16:06",
        "description": "The next results date for Southern Magnesium & Chemicals Ltd is scheduled for 04 May 2026...."
      }
    ],
    "total": 305,
    "sid": "203255",
    "stock_news_url": "https://www.marketsmojo.com/news/southern-magnesium-chemicals-203255"
  },
  "announcements": [
    {
      "caption": "Opening Of Special Window For Transfer And Dematerialisation Of Physical Securities",
      "datetime": "13-Jul-2026",
      "details": "Please refer attachment",
      "source": "BSE"
    },
    {
      "caption": "Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018",
      "datetime": "13-Jul-2026",
      "details": "Certificate as required under Regulation 74(5) of SEBI (DP) Regulations 2018 for the quarter ended 30.06.2026 is attached herewith.",
      "source": "BSE"
    },
    {
      "caption": "Closure of Trading Window",
      "datetime": "24-Jun-2026",
      "details": "Intimation of Closure of Trading Window",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
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      "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 is Rated Strong Sell

2026-05-15 10:10:26

Southern Magnesium & Chemicals Ltd is rated Strong Sell by MarketsMOJO. This rating was last updated on 31 Dec 2024, reflecting a significant reassessment of the stock’s outlook. However, the analysis and financial metrics discussed below represent the company’s current position as of 15 May 2026, providing investors with an up-to-date perspective on its performance and prospects.

Read full news article

Are Southern Magnesium & Chemicals Ltd latest results good or bad?

2026-05-05 19:14:34

Southern Magnesium & Chemicals Ltd's latest financial results for Q4 FY26 indicate a complex operational landscape. The company reported net sales of ₹0.90 crores, reflecting a sequential growth of 55.17% from ₹0.58 crores in Q3 FY26. This improvement is noteworthy, especially considering the previous quarter's significant decline in revenue. Year-on-year, sales also showed an 11.11% increase compared to ₹0.81 crores in Q4 FY25. On the profitability front, Southern Magnesium achieved a net profit of ₹0.06 crores, a notable turnaround from a loss in the prior quarter. The profit after tax margin stood at 6.67%, significantly better than the negative margin of -6.90% in Q3 FY26. However, this profit was heavily reliant on other income, which constituted nearly 28% of total revenue, raising concerns about the sustainability of this profitability. The company's operating margin, excluding other income, was re...

Read full news article

Southern Magnesium Q4 FY26: Profits Return Amid Revenue Volatility, But Valuation Concerns Persist

2026-05-04 18:30:49

Southern Magnesium & Chemicals Ltd., a micro-cap minerals and mining company specialising in magnesium products, reported a return to profitability in Q4 FY26 with a net profit of ₹0.06 crores, marking a recovery from the ₹0.04 crore loss recorded in the previous quarter. However, the company's highly volatile revenue trajectory and extreme valuation multiples continue to raise serious concerns for investors. The stock closed at ₹92.01 on May 4, 2026, up 5.76% on the day but down 36.54% over the past year, significantly underperforming both the broader market and its sector peers.

Read full news article

When is the next results date for Southern Magnesium & Chemicals Ltd?

2026-04-28 23:16:06

The next results date for Southern Magnesium & Chemicals Ltd is scheduled for 04 May 2026....

Read full news article

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