Multibagger IT Stock Under Rs 100; Board Announced Stock Split In The Ratio 2:1
The stock multibagger return of over 100 per cent from its 52-week low of Rs 46.08 per share.
The Board of Directors of Blue Cloud Softech Solutions Limited has approved a 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 will be announced in due course.
Earlier, Blue Cloud Softech Solutions Limited (BCS) had successfully completed the deployment of BioSter, its AI-enabled sterilization solution, in the United States. This milestone project, executed for USD 32,000, demonstrated BCS's capacity to deliver innovative and transformative solutions equipped with advanced content verification capabilities on a global scale. BioSter, a revolutionary sterilization product utilizing Photocatalytic Oxidation (PCO), effectively enhanced infection control by safely and maintenance-free eliminating harmful pathogens and VOCs in indoor spaces without the use of toxic chemicals. This made BioSter an ideal solution for hospitals, classrooms, and homes.
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About the Company
Headquartered in Hyderabad, Telangana, Blue Cloud Softech Solutions Ltd (BCS) is an innovative AIoT solutions provider specializing in AI-based healthcare and technology products. With a commitment to delivering transformative solutions, BCS empowers businesses and communities through its cutting-edge technologies.
According to Quarterly Results, the net sales increased by 171 per cent to Rs 235.27 crore and net profit increased by 333 per cent to Rs 11.35 crore in Q2FY25 compared to Q2FY24. In its half-yearly results, the net sales increased by 284 per cent to Rs 466.51 crore and net profit increased by 536 per cent to Rs 21.83 crore in H1FY25 compared to H2FY24.
The company has a market cap of Rs 2,043 crore with a 3-year stock price CAGR of 160 per cent. The stock multibagger return of over 100 per cent from its 52-week low of Rs 46.08 per share. Investors should keep an eye on this multibagger small-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.