MCLOUDNSEMAGELLANIC CLOUD LIMITEDMediumPositive
Announced Thu, 13 Aug · 09:09 IST

Magellanic Cloud subsidiary gets Rs 3.73 Cr order from DFCCIL for e-surveillance

Govt Defence OrderBusiness 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 reaction · full curve 14 horizons · vs prior close
-2.4%1-day move
₹29.32
prior close
₹29.25
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1+0.0-0.2-0.1-2.4-8.5-1.4+1.0+1.0+1.0-9.6-12.5
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AI summary

Magellanic Cloud's wholly owned subsidiary Provigil Surveillance received a Letter of Acceptance worth Rs 3.73 Crore from DFCCIL, a government PSU under the Ministry of Railways. The contract covers supply, installation, commissioning and 5-year O&M of an e-surveillance system on the Western Dedicated Freight Corridor near Rajasthan. Scope includes CCTV, remote monitoring, perimeter security, command centre and tech support. Strengthens the company's footprint in PSU and critical infrastructure projects.

Likely market impact

Modest order size but positive for order book visibility over 5 years and validates subsidiary's role in government infrastructure projects.