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Provigil wins ₹29.13 crore order from Northern Railway

Provigil Surveillance Limited, a wholly-owned subsidiary of Magellanic Cloud, has received a Letter of Acceptance from Northern Railway for a contract worth ₹29.13 crore. The order is for surveillance solutions under Moradabad Division. This win strengthens the company’s presence in the railway security segment. Execution timeline and revenue recognition details are yet to be disclosed.

📊 STOCKS: $MAGELLAN | 🏢 SECTOR: CapitalMarkets | #MEDIUMIMPACT #OrderWin

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This brief is AI-generated from public news sources for informational purposes only. Not investment advice. Always consult a SEBI-registered advisor before trading.