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MCLOUDNSEMagellanic Cloud Limited· IT - SoftwareHighPositive
Announced Tue, 30 Jun, 2026 · 09:36 IST

IVIS gets LOI from Manappuram Finance for AI e-surveillance across 1000 plus branches

Business Updates View source PDFExplain this filing

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
+6.1%Reaction day
₹28.81
prior close
₹28.88
announcement price
In-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+1.0%+5.1% vs market
Computers - Software & Consulting peers, median of 69sector-0.3%+6.4% vs sector

On the reaction day the stock moved 5.1 pts more than Nifty Microcap 250 and 6.4 pts more 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
5m
+0.2
10m
-0.1
15m
-0.1
30m
-0.5
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+6.1+1.0+5.1-0.3+6.4
Next day
+10.2+1.2+9.0-0.0+10.2
2d
+10.2+2.1+8.1+1.0+9.2
3d
+10.0+1.7+8.3+0.5+9.5
4d
+8.1+1.9+6.1+0.8+7.3
5d
+6.3+1.2+5.1+0.5+5.8
1w
+3.8+1.1+2.7-0.7+4.5
15d
-2.7+1.6-4.4+1.9-4.7
1m
+2.4+0.1+2.3+2.9-0.5
2m
-7.3+6.6-14.0+0.0-7.3
3m
-12.7+5.5-18.2-5.4-7.3
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

Magellanic Cloud's wholly-owned subsidiary IVIS International has received a non-binding Letter of Intent from Manappuram Finance for AI-powered e-surveillance across about 1,000 plus branches. The engagement covers supply, installation, commissioning, centralized monitoring and maintenance of security infrastructure, including intelligent surveillance, real-time event monitoring, automated alerts and vault operations monitoring. It strengthens the company's presence in the BFSI segment. The LOI is non-binding with no contract value disclosed, and final scope, commercials and timelines depend on definitive agreements and purchase orders.

Likely market impact

Positive sentiment as it expands BFSI footprint, but LOI is non-binding with no value disclosed, limiting immediate financial visibility.