NSE seeks clarification from Magellanic Cloud on sharp price move

MCLOUD · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-1.6%Reaction day

₹29.40

prior close

₹29.99

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.8%-2.4% vs market

Computers - Software & Consulting peers, median of 69sector+0.3%-1.8% vs sector

On the reaction day the stock moved 2.4 pts less than Nifty Microcap 250 and 1.8 pts less than its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-2.2

10m

-2.0

15m

-2.0

30m

-3.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.6+0.8-2.4+0.3-1.8

Next day

-4.6+0.1-4.7-1.0-3.6

-5.1+0.0-5.1-0.1-5.0

-8.0-0.6-7.4-1.2-6.8

-2.0-0.9-1.2-2.3+0.3

+4.0+0.2+3.8-2.0+6.0

+8.0+1.2+6.8-1.0+9.0

15d

-2.0+0.7-2.7+0.5-2.6

-6.6-0.4-6.1+0.1-6.6

+0.7+5.2-4.4+0.5+0.3

-14.1+5.4-19.5-5.3-8.8

UpDownMarket · Nifty Microcap 250Sector · Computers - Software & Consulting peers, median of 69Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

NSE noticed a significant price movement in Magellanic Cloud Limited and has written to the company asking for the latest relevant information. The exchange is acting to protect investor interest by ensuring the market has updated company news. Magellanic Cloud's response is awaited, and further updates may follow once the company replies.

Likely market impact

Short-term uncertainty; stock may stay volatile until company clarifies the price movement.