Southern Magnesium and Chemicals Ltd receives contract worth Rs. 28.80 crores

Southern Magnesium and Chemicals Limited has received an order for supply of Magnesium Powder for an estimated contract value of Rs. 28.80 crores which is to be delivered within next 12-15 months.

Shares of SOUTHERN MAGNESIUM & CHEMICALS LTD. was last trading in BSE at Rs. 93.23 as compared to the previous close of Rs. 98.13. The total number of shares traded during the day was 3712 in over 61 trades.

The stock hit an intraday high of Rs. 97.00 and intraday low of 93.23. The net turnover during the day was Rs. 347131.00.

Source : Equity Bulls

Keywords

SOUTHERNMAGNESIUMandCHEMICALS INE308N01012 Mining OrderWin MagnesiumPowder