1100% return in four years! Blue Cloud Softech Solutions Ltd jumps 6% on this order book update

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Posted by AI on 2024-12-09 08:26:53 | Last Updated by AI on 2025-09-05 06:03:43

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Hyderabad-based IT company Blue Cloud Softech Solutions Ltd. surged 6% on Monday, December 9, after announcing a $15 million contract to supply medical devices with their BLUPORT - Mobile Device Management (MDM) platform.

The small-cap stock rose 1100% over four years, returning 116% in the last year and 135% year-to-date. With a market cap of 3,061.61 crore, the company's shares finished at 140.35, just short of their 52-week high of 261. Investors were enthusiastic about the order news, with the traded quantity surpassing 6.3 lakh, much higher than the two-week average of 1.13 lakh shares.

Janaki Yarlagadda, Chairperson of Blue Cloud Softech Solutions Ltd, expressed excitement about the order and announced that the BLUPORT platform would optimize medical device management with remote configuration, centralized inventory tracking, and timely firmware updates. The system also ensures robust security with strong encryption, remote management capabilities, and granular access controls.

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