Magellanic Cloud rises as its arm bags LoA worth Rs 6.92 crore
Magellanic Cloud is currently trading at Rs. 29.50, up by 0.09 points or 0.31% from its previous closing of Rs. 29.41 on the BSE.
The scrip opened at Rs. 29.10 and has touched a high and low of Rs. 29.64 and Rs. 28.88 respectively. So far 69325 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. 19.43 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 32.60 and Rs. 28.76 respectively. The current market cap of the company is Rs. 1725.97 crore.
The promoters holding in the company stood at 54.04%, while Institutions and Non-Institutions held 0.25% and 45.71% respectively.
Magellanic Cloud’s wholly owned subsidiary -- Provigil Surveillance has received a Letter of Acceptance (LoA) worth Rs 6.92 crore from South Central Railway, Vijayawada Division. The LoA is for S&T arrangements in connection with provision of CCTV Cameras at 15 stations over Vijayawada Division to enhance security, operational monitoring and passenger safety.
The nature of order includes, design, supply, installation, testing and commissioning (SITC) of CCTV Surveillance System including supply of NVRs, surveillance equipment, OFC and networking infrastructure, cabling, earthing and surge protection systems and associated civil, electrical, telecom and networking works. The order is to be executed within 12 months.
