2:1 Stock Split: IT Penny Stock Under Rs 20 Hit 5 Per Cent Upper Circuit on March 26
The shares of the company saw a spurt in volume by more than 2 times.
On Wednesday, the shares of Blue Cloud Softech Solutions Ltd hit 5 per cent upper circuit to Rs 17.19 per share from its previous closing of Rs 16.38 per share. The stock’s 52-week high is Rs 130.50 per share and its 52-week low is Rs 16.30 per share. The shares of the company saw a spurt in volume by more than 2 times.
Headquartered in Hyderabad, Telangana, Blue Cloud Softech Solutions Limited (BCSSL) is a pioneering provider of AIoT-based solutions specializing in AI-driven healthcare and technology products. With a steadfast commitment to innovation, BCSSL empowers businesses and communities alike by delivering cutting-edge, indigenous technology solutions that drive measurable transformation.
According to Quarterly Results, the company reported net sales of Rs 235.27 crore in Q3FY25 and net profit increased by 131 per cent to Rs 9.40 crore in Q3FY25 compared to Q3FY24. In its nine-month results, the net sales increased by 112 per cent to Rs 613.24 crore and net profit increased by 316 per cent to Rs 31.23 crore in 9MFY25 compared to 9MFY24.
DSIJ’s 'Tiny Treasure' service recommends researched Small-Cap stocks with Inherent Growth Potential. If this interests you, do download the service details here.
Additionally, Blue Cloud Softech Solutions Limited's (BCSSL) intellectual property filing, application number E-106/2084/2025/CHE, for their "System for Automated Health Data Collection and Analysis" marks a significant advancement in healthcare technology by leveraging AI to revolutionize health monitoring. This system integrates wearable biosensors, including energy-efficient and energy-harvesting technologies, with AI-powered analytics utilizing deep learning models like CNNs and LSTMs to continuously monitor vital signs and provide real-time insights. The system's features include real-time alerting, advanced encryption, and blockchain technology to ensure data security and compliance, aiming to enhance chronic disease management, telemedicine, remote patient monitoring, and public health initiatives through seamless integration with existing healthcare platforms.
Shares of Blue Cloud Softech Solutions Limited ex-traded stock split in the ratio 2:1, i.e., sub-division of equity shares of the company having a Face Value of Rs 2 each (fully paid-up) into one equity share of face value of Re 1 each (fully paid-up). The record date for the stock split was Monday, January 20, 2025. The company has a market cap of over Rs 700 crore with a 3-year stock price CAGR of 50 per cent. Investors should keep an eye on this small-cap IT stock.
Disclaimer: The article is for informational purposes only and not investment advice.