MoneyWorks4Me

Magellanic Cloud’s arm secures orders worth Rs 18.4 crore

12 Aug 2026 Evaluate

Magellanic Cloud’s wholly owned subsidiary -- IVIS International (IVIS) has secured multiple purchase orders, comprising both capex and opex components, from NCR Corporation India, amounting to around Rs 18.4 crore for a period of 5 years, for providing e-surveillance solutions across Punjab National Bank (PNB) ATM sites.

This marks a significant win for IVIS and reinforces its growing footprint in the Banking & Financial Services E-Surveillance space, particularly in large-scale, mission-critical ATM surveillance deployments.

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

Magellanic Cloud Share Price

28.83 1.97 (7.33%)
18-Aug-2026 16:59 View Price Chart
Peers
Company Name CMP
TCS 2281.00
Infosys 1115.00
HCL Technologies 1300.00
Wipro 178.15
Tech Mahindra 1592.50
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: