Multibagger penny stock under Rs 100 receives purchase orders worth Rs 32,45,00,000 from NHAI and APSWREIS

DSIJ Intelligence-1 / 18 Jul 2025/ Categories: Multibaggers, Penny Stocks, Trending

Multibagger penny stock under Rs 100 receives purchase orders worth Rs 32,45,00,000 from NHAI and APSWREIS

The stock gave multibagger returns of 4,000 per cent in 5 years and a whopping 8,800 per cent in 10 years.

On Friday, shares of Magellanic Cloud Ltd plunged 4.22 per cent to Rs 84.40 per share from its previous closing of Rs 88.12 per share. The stock’s 52-week high is Rs 143.20 per share and its 52-week low is Rs 42.60 per share. The shares of the company saw a spurt in volume by more than 3.35 times on the BSE.

Magellanic Cloud Limited has secured significant purchase orders totalling Rs 32.45 crore from two key entities. The first major order, received from Indian Highways Management Company Limited, an initiative of the National Highways Authority of India (NHAI), is valued at approximately Rs 32 crore, with a potential extension up to Rs 75 crore. This order is for the implementation of an Audit Camera System for Vehicle Count & Classification at Toll Plazas across eight states under Zone 1. Additionally, Provigil Surveillance Limited, a wholly-owned subsidiary, has received a purchase order worth Rs 45 lakh from the Andhra Pradesh Social Welfare Residential Educational Institution Society (APSWREIS) for the installation and operationalisation of VMS Software and AI-based Analytics for CCTV e-surveillance systems across 14 sites.

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About the Company

Magellanic Cloud Limited, originally founded in 1981 as South India Projects Limited, is a global IT services company with a presence in Europe, the USA, and Asia. Specialising in software development, consulting, and human resource solutions, the company offers a range of services including human capital management, digital transformation consulting, DevOps implementation, quality assurance, and drone solutions. Their focus lies in modernising the digital experience for both employees and customers, while also providing recruitment and placement services.

The company has a market cap of over Rs 4,900 crore and has delivered good profit growth of 77 per cent CAGR over the last 5 years. The shares of the company have an ROE of 22 per cent and an ROCE of 23 per cent. The stock gave multibagger returns of 4,000 per cent in 5 years and a whopping 8,800 per cent in 10 years.

Disclaimer: The article is for informational purposes only and not investment advice.