MoneyWorks4Me

Magellanic Cloud’s arm wins LOA worth Rs 3.73 crore

13 Aug 2026 Evaluate

Magellanic Cloud’s wholly owned subsidiary -- Provigil Surveillance has secured Letter of Acceptance (LOA) valued at Rs 3.73 crore from Dedicated Freight Corridor Corporation of India (DFCCIL), Noida. The contract covers the supply, installation, testing and commissioning (SITC) and operations & maintenance (O&M) of an E-Surveillance System across the Kishangarh Balawas (Excl.) – New Rewari – New Phulera – New Kishangarh – Madar (Excl.) section of the Western Dedicated Freight Corridor (WDFC), under the CGM/JP Unit.

The project will be executed over a period of five years on an OPEX model and is designed to establish an integrated e-surveillance framework for enhanced protection of critical railway infrastructure. The scope covers E-surveillance-based theft prevention, remote monitoring, asset and facility protection, operational surveillance, perimeter security and dock management, along with recording infrastructure, Command and Control Centre functionality and technical support services. 

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: