Announced Tue, 18 Aug · 09:41 IST
Subsidiary Provigil wins Rs 8.90 crore DFCCIL surveillance order
MCLOUD · price
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Price reaction · full curve 14 horizons · vs prior close
+10.3%1-day move
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₹27.62
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AI summary
Magellanic Cloud's wholly owned subsidiary Provigil Surveillance received a Letter of Acceptance worth Rs 8.90 crore from DFCCIL Ahmedabad. The 5-year OPEX contract covers IP-based CCTV surveillance installation and maintenance across the New Palanpur to New Gothangam section of the Western Dedicated Freight Corridor. This is Provigil's second DFCCIL order within a week, showing repeat business confidence.
Likely market impact
Strengthens order book with a 5-year PSU contract. Repeat client win within a week signals strong execution credibility and revenue visibility.