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Magellanic Cloud shares crash 10%, extending 4-day rout to 46%. Whats driving the plunge?

Magellanic Clouds shares hit a 10% lower circuit on November 27, dragging the stock down more than 46% in just four trading sessions, despite the company announcing a Rs 6 crore order win from East Coast Railway earlier in the week. The stock has now dropped around 68% from its July high and is down 55% in 2025 so far.