SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Magellanic Cloud’s arm bags LoA worth Rs 6.16 crore

05 Mar 2026 Evaluate

Magellanic Cloud’s wholly owned subsidiary -- Provigil Surveillance has received a Letter of Acceptance (LoA) worth Rs 6.16 crore from South East Central Railway, Nagpur Division. The LoA is for the Provision of Video Surveillance System (VSS) to monitor 66 Manned Non-Interlocked Level Crossing Gates (61 in Nagpur Division, 4 in Raipur Division and 1 in Bilaspur Division) including supply, installation, testing, commissioning and CAMC as per RDSO specifications. The contract is to be executed within 12 months from the date of LoA.

With this order, the company’s cumulative railway Level Crossing surveillance deployment value has increased to around Rs 12.17 crore across multiple LC Gates, while the total order book from the Railways stands at around Rs 183 crore, providing healthy revenue visibility in the upcoming quarters. This project is aimed at enhancing safety at Level Crossing Gates through real-time monitoring, centralized visibility, AI-based analytics and secure data management, thereby improving operational safety and surveillance efficiency across the Division.

Magellanic Cloud is global Leaders in Software Development, Digital Transformation, DevOps space.

Magellanic Cloud Share Price

25.86 -0.28 (-1.07%)
13-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
TCS 2472.65
Infosys 1277.35
HCL Tech. 1429.90
Wipro 203.00
Tech Mahindra 1435.80
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×