Shares of Magellanic Cloud Limited surged 6.95 per cent to ₹28.63 on the NSE on Tuesday after the Hyderabad-based technology company announced that its wholly owned subsidiary, Provigil Surveillance Limited, has received a Letter of Acceptance (LOA) from Dedicated Freight Corridor Corporation of India Limited (DFCCIL) worth ₹8,89,99,860.
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