Magellanic Cloud subsidiary wins Rs 6.93 cr railway surveillance order
MCLOUD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Magellanic Cloud's wholly owned subsidiary Provigil Surveillance has received a Letter of Acceptance worth Rs 6.93 crore from South Central Railway, Vijayawada Division. The order covers design, supply, installation, testing and commissioning of IP-based CCTV surveillance systems across 15 railway stations, to be executed over 12 months. This follows an earlier Rs 6.25 crore order from the same division, taking total weekly railway wins to Rs 13.18 crore.
Positive for sentiment. Repeat order from the same division signals execution credibility and strengthens the railway surveillance order book, though absolute value is modest.