Magellanic Cloud jumps as its arm bags order worth Rs 25 crore
Magellanic Cloud is currently trading at Rs. 21.59, up by 0.46 points or 2.18% from its previous closing of Rs. 21.13 on the BSE.
The scrip opened at Rs. 21.58 and has touched a high and low of Rs. 21.72 and Rs. 21.30 respectively. So far 53982 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. 20.69 on 23-Mar-2026.
Last one week high and low of the scrip stood at Rs. 22.96 and Rs. 20.69 respectively. The current market cap of the company is Rs. 1,276.51 crore.
The promoters holding in the company stood at 54.04%, while Institutions and Non-Institutions held 0.265 and 45.70% respectively.
Magellanic Cloud’s wholly owned subsidiary -- Provigil Surveillance has secured a purchase order worth over Rs 25 crore from Punjab & Sind Bank. The order involves deployment of advanced AI-enabled surveillance solutions across around 930 ATM/CRM sites, enabling enhanced real-time monitoring, threat detection and operational efficiency for the banking network. The order is to be executed within 5 years.
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