This Artificial Intelligence Company's Shares Hit Upper Circuit: Here's Why? Promoter Increased Stake from 4.03 per cent to 34.03 per cent & FIIs own 22.93 per cent stake!

The company’s shares have delivered an impressive multibagger returns of over 300 per cent in just 3 months.

Blue Cloud Softech Solutions Ltd, a pioneer in software development and AIoT solutions, has recently made significant strides in the healthcare sector with their innovative product, 'Truhealthz'.

Blue Cloud's latest innovation, 'Truhealthz', marks its entry into the Affordable Healthcare segment with a focus on leveraging AIoT solutions to transform medical diagnostics. Truhealthz is a state-of-the-art, non-intrusive Medical Diagnostics solution powered by cutting-edge AI computer vision technology and rPPG (remote photoplethysmography) algorithms. This revolutionary product aims to streamline vital health screenings and predict the risk of chronic diseases, thereby making healthcare more accessible and affordable for the general population.

As part of a strategic pilot project, Blue Cloud is currently deploying Truhealthz in ESI Primary Healthcare Centers across Assam State. The selection of Truhealthz by the Assam State Government followed rigorous evaluation, highlighting its potential to reduce diagnostic costs and time significantly. This initiative enhances healthcare delivery and positions Assam at the forefront of leveraging AIoT for public health advancement.

The global market for Artificial Intelligence in Healthcare was valued at USD 14.4 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 39.2 per cent from 2024 to 2032. This exponential growth underscores the increasing adoption of AI-driven solutions like Truhealthz across healthcare systems worldwide. Blue Cloud's strategic focus on AIoT solutions for healthcare not only aligns with this growth trajectory but also exemplifies its commitment to innovation and transformative impact.

Incorporated in 1991, Blue Cloud Softech Solutions Ltd has built a reputation for excellence in computer software development and data processing services. Their diverse offerings include software design, development, and maintenance, computer consultancy, systems analysis, programming, and the provision of comprehensive computerized information systems. Additionally, they are involved in servicing, procurement, and sales of computer communication hardware and components.

Today, the company's shares hit the upper circuit and are currently trading at Rs 225.80 each on the BSE. Additionally, the shares have delivered an impressive multibagger return of over 300 per cent in just 3 months.

Investors must keep this Large-Cap stock on their radar.

Disclaimer: The article is for informational purposes only and not investment advice.