Announced Mon, 6 Jul · 09:44 IST
Magellanic Cloud subsidiary wins Rs 6.25 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
-3.4%1-day move
₹31.70
prior close
₹31.46
base price
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AI summary
Magellanic Cloud's wholly owned subsidiary Provigil Surveillance has received a Letter of Acceptance worth Rs 6.25 crore from South Central Railway, Vijayawada Division. The 9-month contract covers installation of IP-based CCTV and video surveillance systems at KVR, GVN and Rajahmundry stations for the Godavari Pushkaram-2027 event, along with replacement and augmentation of VSS across multiple stations. Not a related party transaction.
Likely market impact
Positive. New PSU railway order boosts subsidiary's order pipeline and reinforces presence in government surveillance segment.