Magellanic Cloud Limited has informed the Exchange about Bagging/Receiving of orders/contracts by its wholly owned subisdiary, Provigil Surveillance Limited.
MCLOUD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.9 pts more than Nifty Microcap 250 and 3.4 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.
Minute windows have no benchmark: there is no intraday index history to compare against.
Magellanic Cloud's wholly owned subsidiary Provigil Surveillance Limited has received a Letter of Acceptance from Western Railway, Jaipur Division to deploy a CCTV surveillance system with Face Recognition and Video Analytics across railway sites. The contract is valued at ₹3.74 crore with a 12-month execution timeline. The company highlighted that this adds to its earlier surveillance order book of approximately ₹165 crore, which includes around ₹133 crore from Indian Railways and ₹32 crore from NHAI for AI-based video surveillance projects. The order is from a domestic government entity and is not a related party transaction.
This is a small incremental order (₹3.74 cr) that reinforces the company's growing order pipeline in the government surveillance space. While not materially significant on its own, it demonstrates continued traction with Indian Railways and supports the broader ₹165 crore surveillance order book narrative, which could be positive for revenue visibility over the coming quarters.