2:1 Stock Split: Multibagger IT-Stock In Focus As Company Successfully Completes AIoT Project Worth USD 1,50,000 in United States
Over the past year, the stock has demonstrated remarkable performance, achieving a multibagger return of over 150 per cent from its 52-week low of Rs 46.08 per share.
On Wednesday, the shares of Blue Cloud Softech Solutions Ltd gained 4.88 to an intraday high of Rs 115.90 per share from its previous closing of Rs 110.50 per share. The stock’s 52-week high is Rs 261 and its 52-week low is Rs 46.08.
Blue Cloud Softech Solutions Limited (BCS), a prominent player in AIoT solutions and a BSE-listed company has successfully concluded its latest international endeavour in the United States. This project centred around the deployment of BLURA, an AI-powered media communication platform. With a budget of USD 1,50,000, this initiative serves as a testament to BCS's technological expertise in providing transformative solutions with sophisticated content verification capabilities on a global scale.
Blue Cloud Softech Solutions Limited remains dedicated to delivering innovative and impactful solutions that bridge the gap between artificial intelligence and the Internet of Things. The company's focus on content integrity and verification aligns with its commitment to driving digital transformation across various industries. This successful US project reinforces BCS's position as a leader in the AIoT space and its ability to deliver cutting-edge solutions that address the evolving needs of the global market.
About the Company
Blue Cloud Softech Solutions Limited is a prominent IT solutions provider, specializing in crafting innovative, secure, and scalable technology solutions. With a strong focus on healthcare, enterprise-grade AI applications, and AI-enabled cybersecurity products, the company delivers cutting-edge healthcare technology that leverages artificial intelligence to enhance patient care, streamline healthcare processes, and elevate medical decision-making. Beyond healthcare, Blue Cloud Softech serves diverse industries, offering comprehensive IT consulting, software development, cloud solutions, and IT service management. The company's commitment to AI-driven innovation is evident in its four AI-powered products: BluHealth for remote health monitoring, Blura for employee engagement, EduGenie for personalized learning, and BioSter for infection control, all unveiled by the Telangana IT Minister, demonstrating the company's dedication to addressing real-world challenges with AI-powered solutions.
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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 Board of Directors of Blue Cloud Softech Solutions Limited has approved the subdivision of its Rs 2 face value shares into Re 1 share to improve liquidity and attract smaller investors. The company aims to complete this process, including regulatory approvals, within two to three months.
The company has a market cap of Rs 2,395 crore with a 3-year stock price CAGR of 160 per cent. Over the past year, the stock has demonstrated remarkable performance, achieving a multibagger return of over 150 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.