MoneyWorks4Me

Magellanic Cloud’s arm secures LoA worth Rs 7.64 crore

29 May 2026 Evaluate

Magellanic Cloud’s wholly owned subsidiary -- Provigil Surveillance has received a Letter of Acceptance (LoA) worth around Rs 7.64 crore from South Central Railway, Nanded Division, for the provision of IP based Video Surveillance System at Stabling Lines, Washing Yards and Pit Lines over Nanded Division. The LoA includes, supply, installation, testing, commissioning and maintenance of IP-based CCTV surveillance systems. The order is to be executed within 12 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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