Announced Mon, 24 Aug · 09:30 IST
Magellanic Cloud subsidiary wins Rs 7.92 Cr LOA from Western Railway
MCLOUD · price
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Price reaction · full curve 14 horizons · vs prior close
-4.4%1-day move
₹30.34
prior close
₹30.42
base price
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AI summary
Magellanic Cloud's wholly owned subsidiary Provigil Surveillance received a Letter of Acceptance from Western Railway, Ratlam Division worth Rs 7.92 crore. The order covers supply, installation, testing, and commissioning of telecom material for integrated e-surveillance across 40+ manned non-interlocked level crossing gates, including cameras, OFC cabling, networking equipment, and solar power. Group order wins for FY27 have now crossed Rs 111 crore.
Likely market impact
Adds Rs 7.92 Cr to order pipeline; subsidiary's railway and surveillance focus strengthened. Group FY27 orders exceed Rs 111 Cr, boosting revenue visibility.