Magellanic Cloud stock gains 4% as subsidiary bags ₹3.61 Cr Central Railway CCTV orderMagellanic Cloud stock gains 4% as subsidiary bags ₹3.61 Cr Central Railway CCTV order

Introduction

Leading surveillance solutions provider subsidiary wins ₹3.61 crore LoA from Central Railway, Nagpur Division for supply, installation, and maintenance of Full HD CCTV systems.

Also Read: Genus Power stock in focus as company acquires 86.49% stake in Newlectric Innovation

Share price movement of Magellanic Cloud

On January 22, 2026, Magellanic Cloud Limited opened at ₹21.46, up 0.94% from its previous close of ₹21.26. The stock reached a high of ₹22.11 (4.00%) and a low of ₹21.25. By 2:34 PM, it traded at ₹22.11, a 4.00% increase, with a market cap of ₹1,292.10 crore.

Provigil Wins Nagpur CCTV Contract

Magellanic Cloud Limited announced that its wholly owned subsidiary, Provigil Surveillance Limited, received a Letter of Acceptance (LoA) from Central Railway, Nagpur Division for a CCTV project.

The project involves supply, installation, testing, commissioning, and maintenance of RDSO-compliant Full HD IP CCTV cameras, network video recorders, power and communication infrastructure, civil and electrical works.

The project is valued at ₹3.61 crores and will be executed within nine months. Promoters have no interest in the awarding entity, and the contract is not a related party transaction.

Stock performance of Magellanic Cloud for Period of 1 week, 6 months, and 1 year

Magellanic Cloud Ltd fell 9.65% over the past week, declined 74.7% in the past 6 months, and dropped 72.9% over the past 1 year.

Also Read: Delhivery Ltd: Stock jumps after unveiling AI-led autonomous TMS to automate freight planning and billing

Shareholding pattern of Magellanic Cloud

Particulars	Nov 2025	Sep 2025	Jun 2025
Promoter	57.80%	58.30%	58.30%
FII	0.50%	0.40%	0.40%
DII	0.00%	0.00%	0.00%
Public	41.70%	41.30%	41.30%

About Magellanic Cloud

Magellanic Cloud Limited (NSE: MCLOUD), established in 1981, offers IT services across Europe, USA, and Asia, including software development, consulting, and human resource business solutions.

Stay Ahead with the Latest Stock Market Updates – Click Here

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs