Announced Wed, 1 Apr · 14:02 IST
Subsidiary wins ₹7.88 Cr CCTV order from Indian Railways
MCLOUD · price
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Price reaction · full curve 14 horizons · vs prior close
+6.4%1-day move
₹19.95
prior close
₹20.56
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1+0.5+0.5+0.0+6.4+11.3+16.3+30.6+30.8+30.3+30.3+35.3+30.3+59.1
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AI summary
Magellanic Cloud's wholly owned subsidiary Provigil Surveillance received a Letter of Acceptance from South Central Railway, Vijayawada Division. The ~₹7.88 Crore contract covers supply, installation, testing, and commissioning of CCTV cameras at Goods Sheds across multiple railway stations, to be executed within 365 days. It's a domestic government order, not a related party transaction.
Likely market impact
Adds ~₹7.88 Cr revenue visibility over 12 months; modest order win strengthening government order pipeline.