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Magellanic Cloud Ltd

Magellanic Cloud Ltd (538891)

₹638.55▲5%

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Overview

Fundamentals

Q3 '23 Results

Technicals

News and Events

Magellanic Cloud Ltd share Performance

₹626
₹638.55
₹638.55
1.97%
Low
Day's Volatility:1.97%
₹185.1
₹667
₹638.55
71.01%
Low
52 Weeks Volatility:75.47%
High
4.46%

Returns %
1 Month Return	31.78 %
3 Month Return	10.68 %
1 Year Return	221.6 %

Market Stats
Previous Close	₹608.15
Open	₹638.55
Volume	80.47K
Upper Circuit	-
Lower Circuit	-
Market Cap	₹7,108.00Cr

Company Information

Magellanic Cloud Ltd, formerly known as South India Projects Ltd, was established in December, 04 1981 and is engaged in the business of securities trading and investment. During financial year 2014-15, the company’s issued and paid-up capital increased from Rs. 19956500 to Rs. 30333880 in the form of bonus shares of Rs. 10 each. The company became listed on both Calcutta Stock Exchange Ltd. (CSE) and Bombay Stock Exchange (BSE), after being approved by BSE Ltd. Moreover, during FY 2016, the company diversified their business operations by including Information Technology and software related businesses as a new object clause in their main objects. During that same year, two entities, Joseph Sudheer Reddy Thumma and Jagan Mohan Reddy Thumma, acquired 1229346 equity shares ofRs. 10 each, i.e. 40.53% of the company’s total equity and voting share capital at Rs. 25/ per fully paid-up equity share, and a public offer for the acquisition of 26% of the equity and voting share capital of the company was made in compliance with SEBI regulations. During the FY 2016, the company granted a loan of Rs 83208979 and followed the regulations of Section 186 of the Companies Act 2013.

Share Price: ₹638.55 per share as on 02 May, 2024 04:01 PM
Market Capitalisation: ₹7,108.00Cr as of today
Revenue: ₹131.38Cr as on December 2023 (Q4 23)
Net Profit: ₹22.56Cr as on December 2023 (Q4 23)
Listing date: 01 Jan, 0001

Organisation	Magellanic Cloud Ltd
Headquarters	Hyderabad
Industry	IT - Software
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Key events for Magellanic Cloud Ltd

Magellanic Cloud Subsidiary Secures Major Drone Order - 02 May, 2024
Shares of Magellanic Cloud Ltd surge by 5% after its subsidiary, Scandron Private Limited, secures a major logistics drone order worth ₹43 crore from an Indian robotics firm.
Magellanic Cloud Bags Major Drone Order for Logistics Sector - 30 Apr, 2024
Magellanic Cloud has secured its first major logistics drone order worth Rs 43 crore from an Indian robotics firm. The order includes the delivery of 45 CargoMax series drone kits and marks the company's entry into the high-potential logistics sector.

Fundamentals of Magellanic Cloud Ltd

Insights on Magellanic Cloud Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

POSITIVE IMPACT
Best in 1 Year
In the last 1 year, Magellanic Cloud has outperformed top 5 stocks with highest market-cap in IT Services & Consulting
POSITIVE IMPACT
Price Rise
In the last 7 days, Magellanic Cloud stock has moved up by 15.7%
POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 40.92% to 41.17% in Mar 2024 quarter
POSITIVE IMPACT
Best in 3 Years
In the last 3 years, Magellanic Cloud has outperformed top 5 stocks with highest market-cap in IT Services & Consulting
POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 5 quarters, 17.35 Cr → 22.76 Cr (in ₹), with an average increase of 6.5% per quarter
NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 58.64% of holdings in Mar 2024 quarter
NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 155.01 Cr → 131.93 Cr (in ₹), with an average decrease of 14.9% per quarter
NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 0.44% to 0.19% in Mar 2024 quarter