Magellanic Cloud gains as its arm bags order worth Rs 4.99 crore
Magellanic Cloud is currently trading at Rs. 23.65, up by 0.18 points or 0.77% from its previous closing of Rs. 23.47 on the BSE.
The scrip opened at Rs. 23.55 and has touched a high and low of Rs. 24.07 and Rs. 23.49 respectively. So far 35000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 105.26 on 17-Jul-2025 and a 52 week low of Rs. 21.17 on 21-Jan-2026.
Last one week high and low of the scrip stood at Rs. 24.70 and Rs. 22.41 respectively. The current market cap of the company is Rs. 1387.84 crore.
The promoters holding in the company stood at 54.04%, while Institutions and Non-Institutions held 0.26% and 45.70% respectively.
Magellanic Cloud’s wholly owned subsidiary -- Provigil Surveillance has received a purchase order worth Rs 4.99 crore from Social Welfare Educational Institute. The award pertains to the procurement, deployment, and maintenance of AI-based Monitoring and CCTV infrastructure for the Social Welfare Residential Educational Institutions Society across multiple locations.
The project includes deployment of 5MP or higher AI-enabled CCTV cameras across 176 locations; Establishment of a Centralized Command Control Centre; Supply and integration of video management software (VMS), AI Analytics, and storage infrastructure; Installation of video wall monitoring systems and networking equipment; and Implementation of web and mobile applications for AI-based incident monitoring.
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