Magellanic Cloud rises as its arm bags LoA worth Rs 5.36 crore
Magellanic Cloud is currently trading at Rs. 22.38, up by 0.08 points or 0.36% from its previous closing of Rs. 22.30 on the BSE.
The scrip opened at Rs. 22.00 and has touched a high and low of Rs. 22.44 and Rs. 21.85 respectively. So far 91306 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. 23.42 and Rs. 21.51 respectively. The current market cap of the company is Rs. 1313.03 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 secured letter of acceptance (LoA) worth around Rs 5.36 crore from Central Railway, Nagpur Division (NGP Division). The LoA covers deployment of RDSO-compliant Full HD IP CCTV cameras with AI-based video analytics, NVRs, required power and communication infrastructure, system integration, and associated civil and electrical works. The contract is to be executed within 9 months.
Magellanic Cloud is global Leaders in Software Development, Digital Transformation, DevOps space.
