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HomePENNY STOCKS64000% Massive Return Share Received DGCA Certificate; Stock Was ₹1 Few...

64000% Massive Return Share Received DGCA Certificate; Stock Was ₹1 Few Years Ago

The shares of a small company Magellanic Cloud Ltd have seen a stormy rise in the last few years. The company’s shares have increased from Rs 1 to over Rs 600. 

Magellanic Cloud Ltd’s shares are up by more than 64000 % during this time. Scantron Private Limited, an affiliate of Magellanic Cloud, recently received type certification from the Directorate General of Civil Aviation (DGCA) for its innovative Agri-drone model SNDAG010QX8.

64000 % Soaring Rise In Shares

Magellanic Cloud Ltd shares have given huge returns to its investors. The company’s shares were priced at 1 rupee on the 22nd of January 2015.

Magellanic Cloud Ltd shares reached Rs 648.65 on Wednesday, July 10, 2024. The shares of the company have experienced the highest growth by 64765 % over the last two months.

The 52-week highest level of shares in the company is 688 rupees. In the same way, the 52-week low of shares in Magellanic Cloud Ltd is 226.10 rupees.

The Company’s Shares Have Climbed 8700% In 5 Years

The shares of Magellanic Cloud Ltd have jumped 8749 percent in the last 5 years. The shares of the company was trading at 7.33 rupees on the 12th of July, 2019.

Magellanic Cloud Ltd’s shares reached Rs 648.65 on Wednesday, July 10, 2024. The shares of the company have experienced an increase of 643 percent over the past 2 years.

At the same time, Magellanic Cloud Ltd’s shares have jumped 170 percent in the last year. The shares of the company have increased by 57 % within 6 months.

The Company Hopes To Offer Drones By The Year 2000

The drone spraying system has been specially designed for agricultural agrochemical spraying. It is equipped with a sprayer tank that can hold up to 8 liters.

The company has stated in the exchange filing that it will be very beneficial for the company, as it will become a new source of revenue. The company plans to sell 1000 to 2000 drones over the next year.

Magellanic Cloud Ltd Stock Performance

Current Price₹ 649
52-wk High₹ 688 
52-wk Low₹ 241
5 Days Return4.27%
1 Month Return8.97%

Key Fundamentals Parameters

Market Cap₹ 7,581 Cr.
Stock P/E73.8
Book Value₹ 34.8
Dividend0.02 %
ROCE27.0 %
ROE29.2 %
Face Value₹ 10.0
P/B Value18.6
OPM32.8 %
EPS₹ 8.80
Debt₹ 279 Cr.
Debt to Equity0.69

Magellanic Cloud Ltd Shareholding Pattern

Promoters Holding
Mar 202358.65%
June 202358.64%
Sept 202358.64%
Dec 202358.64%
Mar 202458.64%
FII Holding
Mar 20230.00%
Jun 20230.00%
Sep 20230.23%
Dec 20230.44%
Mar 20240.19%
Public Holding
Mar 202341.36%
Jun 202341.35%
Sep 202341.13%
Dec 202340.92%
Mar 202441.16%
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Magellanic Cloud Ltd Share: Last 5 Years’ Financial Condition

Last 5 Years’ Sales:

2020₹ 174 Cr
2021₹ 212 Cr
2022₹ 253 Cr
2023₹ 427 Cr
2024₹ 560 Cr

Last 5 Years’ Net Profit:

2020₹ 7 Cr
2021₹ 2 Cr
2022₹ 29 Cr
2023₹ 74 Cr
2024₹ 103 Cr

Conclusion

This article provides a detail guide about Magellanic Cloud Ltd share.

The information and forecasts provided result from the analysis of our research team, the company’s basics and history, experience and various technical analyses. 

Also, we’ve talked in depth about the shares’ prospects and growth possibilities.

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Disclaimer: The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. 

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