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₹167.40a day ago
₹185.002 days ago
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₹167.40
₹185.00
Southern Magnesium And Chemicals Ltd Stock performance
KEY OBSERVATIONS
positive
negative
neutral
Annual Revenue,rose 32.55%, in the last year to ₹13 Cr. Its sector's average revenue growth for the last fiscal year was 3.13%.
Price to Earning Ratio,is 16.22, lower than its sector PE ratio of 28.72.
Return on Equity(ROE),for the last financial year was 24.74%, more than 20% in the last financial year, indicating an efficient use of shareholder's capital to generate profit.
Southern Magnesium & Chemicals Ltd was incorporated in the year 1985. The company set up a project at Gowripatnam Andhra Pradesh to manufacture megnesium metal in a joint venture with the Andhra Pradesh Industrial Development Corporation. They manufacture magnesium granules magnesium powder magnesium alloy and magnesium extrusion.
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