Magellanic Cloud Reports ₹111.04 Crore Orders; Shares Rise 2.67%

Mumbai August, 19: Magellanic Cloud Limited has reported a series of recent order wins worth more than ₹111.04 crore, adding to its order pipeline across railway surveillance, BFSI technology and digital infrastructure.

The company said its subsidiaries have secured orders from several large institutional and corporate customers, including Indian Railways divisions, Punjab National Bank, GAIL (India), Dedicated Freight Corridor Corporation of India (DFCCIL) and a global technology company.

The latest disclosure brings together orders received over recent months and highlights the company’s expanding presence across surveillance and technology-led infrastructure projects.

Among the larger wins, Provigil Surveillance secured a ₹12.13 crore railway surveillance project from Western Railway on August 7, while an order worth ₹8.90 crore was received from DFCCIL on August 18 for an IP-based CCTV surveillance system under a five-year OPEX model.

Stock Market Snaphshot

The Magellanic Cloud share price moved higher in early trading after the company highlighted its recent order momentum.

As of 9:26 AM IST on August 19, 2026, the stock was trading at ₹29.62, up ₹0.77, or 2.67%, according to the market data provided.

The stock initially moved lower after the session opened, touching around ₹28.60 at about 9:18 AM. It then reversed sharply, crossing ₹29 and continuing higher to ₹29.62 by the latest available timestamp.

The gain came as the company reiterated that the flow of orders is strengthening its order book and improving revenue visibility.

Railways And BFSI Drive New Business

A significant portion of the disclosed order momentum has come from railway surveillance projects. Recent contracts include assignments from South Central Railway, East Central Railway, Western Railway and DFCCIL, covering surveillance systems and related technology services.

The company also highlighted a multi-year opportunity in the BFSI segment. IVIS, a subsidiary of Magellanic Cloud, secured purchase orders through NCR Corporation India for e-surveillance across 1,000 Punjab National Bank ATM sites, with an aggregate value of approximately ₹18.40 crore over five years.

Another recent win came from Motivity Labs, which secured purchase orders worth approximately US$1.21 million, equivalent to around ₹11.62 crore, from a global technology company.

The company said these engagements are helping broaden its customer base beyond individual verticals while adding visibility to its technology and surveillance businesses.

Conclusion

Magellanic Cloud has reported more than ₹111.04 crore of orders secured over recent months, with railway surveillance, BFSI and technology customers contributing to the expanding order pipeline.

The company said the continued flow of institutional and corporate orders reflects demand for its technology-led surveillance and digital infrastructure solutions.

Shares responded positively in early trading, with Magellanic Cloud up 2.67% at ₹29.62 as of 9:26 AM IST on August 19, 2026.

Source:

• https://www.nseindia.com/get-quote/equity/MCLOUD/Magellanic-Cloud-Limited
• https://nsearchives.nseindia.com/corporate/MCLOUD_19082026090451_SEUpload.pdf