New Delhi, Nov. 26 -- Multibagger small-cap stock Magellanic Cloud, which has delivered a massive 1000% return in the last five years, hit its 20% lower circuit at Rs.37 on Wednesday, November 26. The fall pushed the stock to its 52-week low, marking the third straight session of sharp decline. Over the last three trading days alone, the stock has plunged more than 40%, a stark contrast to the strong rally witnessed across the broader market.

The downturn in the stock comes on a day when Indian equities posted their strongest rebound of the month. On Wednesday, the Sensex surged 1,023 points (1.21%) to close at 85,609.51, while the Nifty 50 jumped 321 points (1.24%) to settle at 26,205.30, snapping a three-day losing streak. Despite supp...