MoneyWorks4Me

Magellanic Cloud’s arm receives LoA worth Rs 3.44 crore

08 May 2026 Evaluate

Magellanic Cloud’s wholly owned subsidiary -- Provigil Surveillance has received a Letter of Acceptance (LoA) worth around Rs 3.44 crore from South Eastern Railway, Kharagpur Division. The project involves CCTV systems at Goods Sheds, along with modernization and upgradation of infrastructure at Kharagpur and PKU Goods Sheds. The scope includes supply, installation, commissioning, and integration of AI-led CCTV surveillance systems along with networking infrastructure and centralized monitoring systems. The order is to be executed within 15 months.

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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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