Announced Mon, 7 Sept · 09:09 IST
Magellanic Cloud subsidiary wins Rs 3.49 Crore Western Railway CCTV order
MCLOUD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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AI summary
Magellanic Cloud's wholly-owned subsidiary Provigil Surveillance received a Letter of Acceptance worth Rs. 3.49 crore from Western Railway, Ratlam Division. The contract covers supply, installation and commissioning of an IP-based CCTV system across 38 stations to monitor railway points and crossings. Work includes CCTV poles, enclosures, cabling, power and integration with existing railway network systems. Adds to the company's railway surveillance order book.
Likely market impact
Small order worth about Rs 3.5 crore strengthens subsidiary's railway order book and recurring engagement with Western Railway.