Magellanic Cloud Faces Technical Trend Challenges Amidst Mixed Market Performance
2025-04-02 08:07:10Magellanic Cloud, a small-cap player in the IT software industry, has recently undergone an evaluation revision reflecting its current market dynamics. The stock is currently priced at 62.96, showing a notable increase from the previous close of 60.42. Over the past year, the stock has experienced significant volatility, with a 52-week high of 143.20 and a low of 42.60. In terms of technical indicators, the weekly MACD and KST are both bearish, while the monthly readings show a mildly bearish trend. The Bollinger Bands also reflect a mildly bearish stance on a weekly and monthly basis. Moving averages indicate a bearish trend on a daily basis, suggesting a cautious outlook in the short term. When comparing the company's performance to the Sensex, Magellanic Cloud has shown mixed results. Over the past week, the stock returned 4.34%, contrasting with a decline of 2.55% in the Sensex. In the one-month perio...
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Magellanic Cloud's Recent Gains Highlight Volatility and Sector Outperformance Trends
2025-03-27 09:40:19Magellanic Cloud, a small-cap IT software company, has experienced notable gains, outperforming its sector and achieving significant returns over the past week. The stock has shown high volatility and is currently above several key moving averages, while the broader market, represented by the Sensex, has also demonstrated resilience.
Read MoreMagellanic Cloud Faces Technical Trend Shifts Amid Market Volatility and Performance Disparities
2025-03-27 08:02:47Magellanic Cloud, a small-cap player in the IT software industry, has recently undergone an evaluation revision reflecting its current market dynamics. The stock is currently priced at 62.22, showing a notable increase from the previous close of 60.34. Over the past week, the stock has experienced a high of 65.79 and a low of 61.30, indicating some volatility. In terms of technical indicators, the MACD shows a bearish trend on a weekly basis, while the monthly perspective leans towards a mildly bearish outlook. The Bollinger Bands also reflect a mildly bearish sentiment for both weekly and monthly assessments. The KST presents a mildly bullish trend weekly, contrasting with its monthly mildly bearish stance. Meanwhile, the On-Balance Volume (OBV) indicates a bullish trend on a weekly basis, although it shows no clear direction monthly. When comparing the stock's performance to the Sensex, Magellanic Cloud...
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Magellanic Cloud's Surge Highlights Strong Performance Amid Broader Market Trends
2025-03-26 10:35:18Magellanic Cloud, a small-cap IT software company, has experienced notable gains, outperforming its sector significantly. The stock has risen 44.93% over the past six days and is currently above its short-term moving averages. Meanwhile, the broader market shows mixed performance, with the Sensex slightly down.
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Magellanic Cloud's Strong Performance Highlights Volatility and Sector Outperformance in IT Software
2025-03-25 13:05:21Magellanic Cloud, a small-cap IT software company, experienced notable activity on March 25, 2025, with a significant increase in stock performance. Over the past week, it has shown a strong upward trend. The broader market, represented by the Sensex, also opened higher, continuing its recent gains.
Read MoreMagellanic Cloud Experiences Valuation Grade Change Amid Competitive IT Software Landscape
2025-03-25 08:00:41Magellanic Cloud, a small-cap player in the IT software industry, has recently undergone a valuation adjustment. The company's current price stands at 54.74, reflecting a notable increase from the previous close of 48.59. Over the past year, the stock has experienced significant volatility, with a 52-week high of 143.20 and a low of 42.60. Key financial metrics for Magellanic Cloud include a PE ratio of 26.91 and an EV to EBITDA ratio of 16.00, which positions it within a competitive landscape. The company's return on capital employed (ROCE) is reported at 24.10%, while the return on equity (ROE) is at 24.59%. These figures indicate a solid operational performance relative to its peers. In comparison to other companies in the sector, Magellanic Cloud's valuation metrics present a mixed picture. For instance, Entero Healthcare is noted for its attractive valuation, while Zaggle Prepaid is categorized as ve...
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Magellanic Cloud Experiences Significant Gains Amid Broader Market Uptrend
2025-03-24 11:50:19Magellanic Cloud, a small-cap IT software company, experienced notable trading activity, achieving a significant gain and outperforming its sector. The stock reached an intraday high and displayed high volatility. Despite recent gains, its performance over the past month and year remains negative, reflecting broader market trends.
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Magellanic Cloud Shows Signs of Recovery Amid Ongoing Market Challenges
2025-03-19 09:50:17Magellanic Cloud, a small-cap IT software company, experienced a notable rebound on March 19, 2025, after a series of declines. Despite today's gains, the stock remains below key moving averages and has faced significant year-to-date and annual declines, although it shows impressive growth over longer periods.
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Magellanic Cloud Faces Significant Volatility Amid Broader Small-Cap Challenges
2025-03-17 15:35:19Magellanic Cloud, a small-cap IT software company, faced significant volatility, hitting a 52-week low and experiencing a 14.03% decline over the past week. The stock has underperformed the broader market, with notable drops over one month and one year, reflecting ongoing challenges for small-cap stocks in the current economic environment.
Read MoreDisclosure Under Regulation 31(2) Of The SEBI (Substantial Acquisition Of Shares & Takeovers)Regulations 2011 For Release Of The Pledge On Shares
28-Mar-2025 | Source : BSEWith reference to the aforesaid regulation please find the attached the disclosure given by Jagan Mohan Reddy Thumma for pledge on equity shares of the Company pursuant to Regulation 31(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011. The above is for information and dissemination to the public at large. Kindly take the same on record.
Closure of Trading Window
27-Mar-2025 | Source : BSEWith reference to the above subject this is to inform that pursuant to SEBI (Prohibition of Insider Trading) Regulation 2015 as amended from time to time and the clarification from BSE dated April 02 2019 vide Circular Reference no LIST/COMP/01/2019-20 Trading Window for dealing in securities of the company will remain closed for all Directors officers designated Persons of the Company and their immediate relatives with effect from Tuesday April 01 2025 till 48 hours after the declaration of Audited Financial Results of the Company for the quarter and year ended March 31 2025. The Date of the meeting of the Board of Directors to approve the Audited Financial Results of the Company for the quarter and year ended March 31 2025 will be informed in due course. You are requested to kindly note the same.
Board Meeting Outcome for Outcome Of Board Meeting Held On 26Th March 2025
26-Mar-2025 | Source : BSEWith the reference to the above captioned subject we wish to intimate the esteemed exchanges that as decided in the Meeting of the Board of Directors of the Company held today i.e. 26th March 2025 at 02:30 P.M. for which intimation was already given to you: 1) Considered and took a note that Scheme of Merger of Magellanic Cloud Limited (Transferee Company) with IVIS International Private Limited (Transferor Company) under Section 233 of the Companies Act 2013 that was approved in the 43rd Annual General Meeting of the Company held on 15th July 2024 hereby stands cancelled. 2) Considered and approved the Fresh Scheme of Merger of Magellanic Cloud Limited (Transferee Company) and IVIS International Private Limited (Transferor Company) as per the provisions of the Section 233 of the Companies Act 2013 and relevant rules made thereunder along with SEBI Regulations as applicable subject to the approval of shareholders and other regulatory authorities as may be applicable.
Corporate Actions
No Upcoming Board Meetings
Magellanic Cloud Ltd has declared 1% dividend, ex-date: 26 Jul 24
Magellanic Cloud Ltd has announced 2:10 stock split, ex-date: 26 Jul 24
Magellanic Cloud Ltd has announced 3:1 bonus issue, ex-date: 21 Mar 23
No Rights history available