Magellanic Cloud share: In the stock market, investors usually look for multibagger stocks, which can give them good profits. But the multibagger small-cap stock about which we are going to tell you today has given sleepless nights to its investors. Here we are talking about Magellanic Cloud, which provides services related to digital transformation, IT services, cloud computing and advanced drone technology.
1000% return in 5 years
The shares of this company doing business in the digital space have given huge returns of up to 1000 percent in the last five years. However, on Wednesday, November 26, it hit a lower circuit of 20 percent, due to which the share price touched its 52-week low at Rs 37. This was the third consecutive session when the stock declined. In just three days alone, this stock fell by more than 40 percent, which is completely opposite to the rally in the market.
Even orders worth crores have no effect
The surprising thing is that even after the company received orders worth crores of rupees, shares were sold. On November 24, Magellanic Cloud said it has received an order from East Coast Railway for supply, installation and commissioning of Crew Voice and Video Recording System (CVVRS) for electric locomotives. The cost of the project is Rs 6 crore and it is expected to be completed in three years. The company said that this technology will help in increasing operational safety, assisting in investigations and improving crew accountability across the railway network. However, the impact of winning the contract was not visible on its shares.
Performed well in the second quarter also
In the July-September quarter of the financial year 2026, the company’s operational revenue increased by 4.54 percent to Rs 164.44 crore compared to the same quarter last year. Its total income also increased to Rs 165.83 crore, which is 5.42 percent more year-on-year. The company’s profit after tax (PAT) increased by 13.10 percent to Rs 27.62 crore, which shows better cost management and operational efficiency.
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