India's Magellanic Cloud rises as unit wins contract
05/03/2026 04:01
** Shares of Magellanic Cloud MAGL.NS rise 2.2% to 23.4 rupees ** The IT service firm's unit gets a letter of acceptance for a contract worth 61.7 million rupees ($673,132.52) for its video surveillance system ** Stock set to snap three sessions of losses, if gains hold ** YTD, MAGL down ~10% ($1 = 91.6610 Indian rupees) (Reporting by Anuran Sadhu in Bengaluru) ((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))
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