MoneyWorks4Me

Magellanic Cloud’s arm secures order worth Rs 10 crore

25 Mar 2026 Evaluate

Magellanic Cloud’s wholly owned subsidiary -- Provigil Surveillance has received a purchase order worth around Rs 10 crore from Indian Bank. The order involves deployment of advanced AI-powered, centrally monitored electronic surveillance systems across multiple branch locations under an OPEX model. The solution enables smart monitoring, real-time visibility and improved security management across the banking network at scale. The order is to be executed within 3 years.

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Peers
Company Name CMP
TCS 2071.70
Infosys 1003.00
HCL Technologies 1253.70
Wipro 161.70
Tech Mahindra 1543.30
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