MCLOUDBSEMAGELLANIC CLOUD LIMITEDLowPositive
Announced Tue, 1 Sept · 09:37 IST

Magellanic Cloud Subsidiary Gets 3rd Consecutive DFCCIL Order Worth Rs 3.29 Cr

MCLOUD · price

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

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AI summary

Magellanic Cloud Limited's wholly owned subsidiary Provigil Surveillance received its third consecutive Letter of Acceptance from government undertaking DFCCIL, valued at Rs 3.29 crore, for IP-based CCTV and intrusion monitoring in Ajmer division. The three orders from DFCCIL across Noida (Aug 13, Rs 3.73 Cr), Ahmedabad (Aug 18, Rs 8.90 Cr) and Ajmer (Sep 1, Rs 3.29 Cr) aggregate around Rs 15.92 crore. The latest is a five-year OPEX contract covering installation, commissioning, operations and maintenance of surveillance systems at multiple DFCCIL locations.

Likely market impact

Strengthens order book and government business pipeline. Three repeat orders from a PSU underline execution credibility and expanding engagement in critical infrastructure.