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Magellanic Cloud soars as its arm receives LoA worth Rs 3.44 crore

08 May 2026 Evaluate

Magellanic Cloud is currently trading at Rs. 28.11, up by 0.84 points or 3.08% from its previous closing of Rs. 27.27 on the BSE.

The scrip opened at Rs. 27.04 and has touched a high and low of Rs. 28.50 and Rs. 27.04 respectively. So far 49582 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. 28.25 and Rs. 24.50 respectively. The current market cap of the company is Rs. 1619.93 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 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.

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

Magellanic Cloud Share Price

31.61 3.74 (13.42%)
18-Jun-2026 16:59 View Price Chart
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