From Lower Circuit to Upper Circuit: IT-Penny Stock Under Rs 25 Jumps 10.5 Per Cent From Intraday Low
On Tuesday, the shares of Blue Cloud Softech Solutions Ltd 10.5 per cent to Rs 22.72 per share from its intraday low of Rs 20.56 per share. The stock’s 52-week high is Rs 130.50 per share and its 52-week low is Rs 20.56 per share. The shares of the company saw a spurt in volume by more than 1.20 times on BSE.
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.
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Recently, the company secured a USD 3.20 million contract with a US client for its "Make in India" BluHealth Comprehensive Healthcare Platform, an AI-driven solution designed to revolutionize primary healthcare. Featuring BluHealth-Screener for integrated record management and BluHealth-Scanner for real-time assessments, the platform's ability to connect with citizen charter platforms and provide AI-powered operational intelligence enables organizations to optimize healthcare schemes and deliver efficient, targeted services. This significant deal not only validates the effectiveness of BCSSL’s innovative technology but also emphasizes the potential of Indian AI solutions to improve global healthcare outcomes.
Earlier, shares of Blue Cloud Softech Solutions Limited ex-traded stock split in the ratio 2:1 i.e., the sub-division of equity shares of the company having a Face Value of Rs 2 each (fully paid-up) into one equity share of a 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 Rs 991 crore with a 3-year stock price CAGR of 60 per cent. The stock is up by 10.5 per cent from its 52-week low of Rs 20.56 per share. Investors should keep an eye on this small-cap IT stock.
Disclaimer: The article is for informational purposes only and not investment advice.