Announced Mon, 7 Sept · 09:21 IST
Magellanic Cloud subsidiary gets Rs 3.49 Cr railway surveillance order
MCLOUD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.6%1-day move
₹26.30
prior close
₹26.23
base price
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AI summary
Provigil Surveillance Limited, a wholly owned subsidiary of Magellanic Cloud, has received a Letter of Acceptance from Western Railway's Ratlam Division worth Rs 3.49 Crore. The order covers supply, installation, testing and commissioning of telecom material for IP-based CCTV systems across 38 stations. This adds to the company's growing portfolio of railway surveillance orders.
Likely market impact
Positive order win that strengthens railway segment presence. Modest in absolute value but builds execution track record and opens doors for future railway contracts.