Announced Mon, 21 Sept · 09:05 IST
Provigil Surveillance bags ₹44.60L ANPR order from Nayara Energy
MCLOUD · price
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Price reaction · full curve 14 horizons · vs prior close
—1-day move
₹25.20
prior close
₹25.22
base price
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AI summary
Magellanic Cloud's wholly owned subsidiary Provigil Surveillance has received a purchase order worth ₹44.60 lakh from Nayara Energy. The order is for installing an AI-powered Automatic Number Plate Recognition and Video Analytics Platform at selected Nayara Energy retail outlets and oil depots. The work fits the company's core business of providing surveillance and technology solutions.
Likely market impact
Small order size but adds a marquee energy sector client, validating AI surveillance capability and may open more sector deals.