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SOUTHMG Share Price Target 2024, 2025, 2026 to 2039 With Charts

Southern Magnesium and Chemicals Limited

Company LogoSymbol: SOUTHMG
Price: ₹272.6
Exchange: BSE
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SOUTHMG Financial Performance

MetricValueDescription
Market Capital78.59 CroreMarket valuation of SOUTHMG's shares.
Revenue (TTM)8.56 CroreTotal revenue generated by SOUTHMG over the past twelve months.
Net Income (TTM)+3.52 CroreNet Profit or Loss after all the expenses over the past twelve months.
Operating Margin57.11%Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin73.54%Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
+12.58%Change in revenue compared to the previous quarter.
Debt-to-Equity
(D/E) Ratio
0.41Company's total debt divided by total shareholder equity.
Total Debt3.25 CroreSum of SOUTHMG's current & long-term financial obligations.

Is SOUTHMG A Good Buy For Long Term?

SOUTHMG's impressive revenue growth, high profit margin, and strong returns over various timeframes make it an attractive investment for long-term investors. The company's moderate debt level is not a significant concern. However, it's important to monitor the debt-to-equity ratio in future quarters to assess any potential impact on financial leverage.

To predict the SOUTHMG's future market prices, we harnessed 2 dynamic approaches:

Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices

Approach 1: Technical Analysis Paired With Price Action

SOUTHMG Share Price Target For 2024

SOUTHMG Targets For 2024 Chart

The line chart displays the monthly closing prices of SOUTHMG with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.

For detailed target and stop loss values for SOUTHMG shares in 2024, see the table below.

SOUTHMG Share Price Target Table For 2024

SOUTHMG's LevelsValueReason/Importance
2024 Target 3282.10 (+3.48%)Fibonacci Extension Level 199%
2024 Target 2278.83 (+2.28%)Custom Fibonacci Extension Lvl 64.9%
2024 Target 1274.87 (+0.83%)Fibonacci Extension Level 123.6%
Current Price272.60SOUTHMG's 1 share price as of Thu 21 Nov 2024
Stop Loss 1271.70 (-0.34%)Technical Indicator: MA250
Stop Loss 2268.93 (-1.35%)Fibonacci Retracement Level 38.2%
Stop Loss 3265.71 (-2.53%)Fibonacci Retracement Level 71.8%

Summary: SOUTHMG Share Price Prediction For 2024

In summary, SOUTHMG has surged by ₹64.00, achieving a notable +30.68% increase from 1st January 2024 to 21 Nov 2024. Our analysis of SOUTHMG for 2024 predicts an additional rise of 0.83% to 3.48% by the end of 2024 with three potential targets T1: 274.87, T2: 278.83, T3: 282.10. Stop Loss at SL1: 271.70, SL2: 268.93, SL3: 265.71.

SOUTHMG has a 52-week high of ₹468.95, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹182.80, a critical support level - think of this as a safety net where the price might stop falling.

After looking at 2024's share price prediction, let's now check what 2025 might hold for SOUTHMG.

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SOUTHMG Share Price Target For 2025

SOUTHMG Targets For 2025 Chart

The line chart displays the monthly closing prices of SOUTHMG with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.

For detailed target and stop loss values for SOUTHMG shares in 2025, see the table below.

SOUTHMG Share Price Target Table For 2025

SOUTHMG's LevelsValueReason/Importance
2025 Target 3460.93 (+69.08%)Price Action: Chart
2025 Target 2452.34 (+65.93%)Price Action: Chart
2025 Target 1447.86 (+64.29%)Custom Fibonacci Extension Lvl 64.9%
Current Price272.60SOUTHMG's 1 share price as of Thu 21 Nov 2024
Stop Loss 1229.35 (-15.87%)Price Action: 14 Nov 2024 Low
Stop Loss 2224.14 (-17.78%)Price Action: 18 Nov 2024 Low
Stop Loss 3220.11 (-19.26%)Price Action: Chart

Summary: SOUTHMG Share Price Prediction For 2025

In summary, SOUTHMG has surged by ₹64.00, achieving a notable +30.68% increase from 1st January 2024 to 21 Nov 2024. Our analysis of SOUTHMG for 2025 predicts an additional rise of 64.29% to 69.08% by the end of 2025 with three potential targets T1: 447.86, T2: 452.34, T3: 460.93. Stop Loss at SL1: 229.35, SL2: 224.14, SL3: 220.11.

SOUTHMG has a All-Time high of ₹468.95, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹182.80, a critical support level - think of this as a safety net where the price might stop falling.

After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for SOUTHMG, we have created a specific page for that check here: SOUTHMG Share Price Target For Tomorrow & Next Week

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Approach 2: Machine Learning By Studying Historical Prices

SOUTHMG Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039

SOUTHMG Targets Chart 2024, 2025, 2026 to 2039

This chart presents a detailed projection of SOUTHMG share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 11.06% over the next 15 years.

For complete year by year SOUTHMG long term share price target from 2024, 2025 to 2039 check the below table.

SOUTHMG Share Price Target Table From 2024, 2025, 2026 to 2039

YearSOUTHMG TargetYoY Change %
2024₹272.6[Current Price]
2024₹274.70.77%
2025₹370.6634.93%
2026₹547.0347.58%
2027₹510.11-6.75%
2028₹497.26-2.52%
2029₹557.5512.12%
2030₹687.1623.24%
2031₹945.9937.66%
2032₹834.78-11.76%
2033₹778.02-6.8%
2034₹840.428.02%
2035₹1,003.6619.42%
2036₹1,344.9534%
2037₹1,159.46-13.8%
2038₹1,058.77-8.69%
2039₹1,193.7812.75%

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SOUTHMG Past Performance

SOUTHMG main
SOUTHMG has been listed on NSE for more than 10 years.
  • In 2014, SOUTHMG opening price was ₹103.4
  • As of Thu 21 Nov 2024 the price stands at ₹272.6.
  • This represents a Compound Annual Growth Rate (CAGR) of 9.21%.
  • In 10 years, an investment of 10,000 would have become ₹26,363.63.

As we wrap up, we hope you like our study on SOUTHMG share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.

Show Methodology We Use

Methodology Behind the Prediction

The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.

We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.

For more insights into Southern Magnesium and Chemicals Limited, explore these additional resources:-

Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.

About The Author

Nippun

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, and let’s learn from each other. My Twitter