Small-cap IT stock hits upper circuit for 19th straight session following expansion into France

Market Buzz

Posted by AI on 2025-07-07 09:29:46 | Last Updated by AI on 2025-09-07 11:33:37

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Small-cap tech firm Blue Cloud Softech Solutions Ltd.'s stock rose to Rs 35.46 per share from its previous closing price of Rs 34.77 per share, locking in the upper circuit of 2% as the company announced its expansion into France with a new office in Grenoble and an acquisition vote scheduled for July 10, 2025.

The company specializes in artificial intelligence (AI), cloud computing, cybersecurity, and secure communications, targeting advanced digital and cybersecurity services sectors. With a market capitalization of Rs 1,547 Crores, the share price of the company hit the upper circuit of 2% to Rs 35.46 per share from its previous closing price of Rs 34.77 per share.

The company reported a net profit rise of 175% to Rs 44 Crores in FY25 from Rs 16 crore In FY24. Rohan Pandey asserts that despite its sharp jump in revenue and profit over the past two years, its stock remains down 72% from its all-time high and is currently under the Enhanced Surveillance Measure (ESM) list, limiting its daily price movement to 2%.

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