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Mystery Deepens: Magellanic Cloud Stock Plummets 20% Despite Major Railway Order! What's Behind the Shocking Drop?

Tech

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Published on 26th November 2025, 8:42 AM

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Author

Akshat Lakshkar | Whalesbook News Team

Overview

Magellanic Cloud's stock plummeted 20% to Rs 36.96, hitting the lower circuit, and has dropped over 28% in two days. This sharp decline occurred despite the company announcing a new Rs 6 crore order from East Coast Railway for supplying and installing a crew voice and video recording system, to be executed within three years. The stock has experienced significant volatility, declining over 45% in the past five days.