SOUTHERN MAGNESIUM & CHEMICALS LTD.
Company News
Date | Heading | Details |
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08-Sep-2023 | Southern Magnesium and Chemicals submits newspaper advertisement | <p style="text-align: justify;">Southern Magnesium and Chemicals has informed regarding the publication of Notice in one Vernacular newspaper and one English newspaper having nationwide circulation calling the Thirty Seventh Annual General Meeting, providing e-voting facility at AGM and remote e-voting facility, Book Closure dates and Cut-off date of the company for AGM to be held on 30th September 2023.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p> |
14-Aug-2023 | Southern Magnesium receives order for supply of Magnesium Powder | <p style="text-align: justify;">Southern Magnesium & Chemicals has received an order for supply of Magnesium Powder for an estimated contract value of Rs 28.80 crore which is to be delivered within next 12-15 months.</p><p style="text-align: justify;">The company manufactures Magnesium Chips, Turnings, Granules and Powders.</p><div style="text-align: justify;"><br></div> |
14-Aug-2023 | Southern Magnesium touches roof on receiving order for supply of Magnesium Powder | <p style="text-align: justify;">Southern Magnesium & Chemicals is currently trading at its upper limit of Rs. 94.02, up by 4.47 points or 4.99% from its previous closing of Rs. 89.55 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 94.02 and has touched a high and low of Rs. 94.02 and Rs. 94.02 respectively. So far 2778 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 119.49 on 20-Jun-2023 and a 52 week low of Rs. 37.15 on 12-Aug-2022.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 103.17 and Rs. 88.57 respectively. The current market cap of the company is Rs. 28.21 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 53.36%, while Institutions and Non-Institutions held 11.25% and 35.39% respectively.</p><p style="text-align: justify;">Southern Magnesium & Chemicals has received an order for supply of Magnesium Powder for an estimated contract value of Rs 28.80 crore which is to be delivered within next 12-15 months.</p><p style="text-align: justify;">The company manufactures Magnesium Chips, Turnings, Granules and Powders.</p> |