52w high/low | ₹35.35 / ₹9.51 |
P/E ratio | 7 |
Dividend | 0 |
ROE | 55.21 |
ROCE | 74.38 |
Face value | 10 |
Book value | ₹21.3Cr |
Market capital | ₹24.71Cr |
What is shareholding pattern? Who are shareholders?
What is a cash flow statement?
What is a balance sheet?
What is a profit and loss statement?
What are dividends?
What are bonuses?
Incorporated in Feb. '85, Southern Magnesium & Chemicals (SMCL) is promoted by N B Prasad, Ram N Prasad, N Rajender Prasad and N Ravi Prasad. 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. The company acquired a pilot plant set up the National Metallurgical Laboratory for the manufacture of magnesium by Pidgeon process with a capacity of 200 tpa. The company then carried out necessary alterations, modifications, additions and enhanced the capacity to 600 tpa. Commercial production commenced in 1990. SMCL came out with a public issue in Dec. '93 to diverisify into the production of various down stream products like magnesium granules, magnesium powder, magnesium alloy and magnesium extrusion.