By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
News for IndiaNews for IndiaNews for India
  • Home
  • Posts
  • Search Page
  • About us
Reading: Small-cap IT stock extends rally for third straight session. Rises over 23% | Stock Market News
Share
Font ResizerAa
News for IndiaNews for India
Font ResizerAa
  • Economics
  • Business
  • Home
  • Categories
    • Business
    • Economics
  • About us
  • Sitemap
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
News for India > Business > Small-cap IT stock extends rally for third straight session. Rises over 23% | Stock Market News
Business

Small-cap IT stock extends rally for third straight session. Rises over 23% | Stock Market News

Last updated: December 11, 2025 12:22 pm
4 months ago
Share
SHARE


Blue Cloud Softech share price extended its gaining streak for the third consecutive day on Thursday, December 11. The small-cap IT stock rose as much as 2.39% to ₹25.64 apiece during the intraday session on Thursday.

The small-cap stock has been witnessing a strong rally from past five sessions, surged nearly 22%. However, the share price trend in the near-term has remained negative as the stock has declined 11.50% in a month and 56.27% in last one year.

Meanwhile, the small-cap stock has proven to be wealth creating machine for its long-term investors by giving multibagger returns of whopping 350% in last five years.

What’s behind the rally?

Blue Cloud Softech Solutions strong three-day surge is being fueled by its fundraising plans and AI-focused growth strategy.

In an exchange filing, the company revealed that it has secured in-principle approval from BSE to issue 31,68,00,000 equity shares at ₹23.06 each via preferential allotment. The proceeds will support the acquisition of M/s AIS Anywhere, with 14,10,75,000 shares designated for Mrs. Janaki Yarlagadda and 17,57,25,000 shares for M/s Siraj Holdings LLC. The board is set to meet on December 10, 2025, to move forward with the allotment. Following the issuance, the firm must file a listing application within 20 days, as required by regulations.

Blue Cloud has further accelerated its growth by announcing a major global expansion strategy aimed at the $957.30-billion addressable market across 56 Commonwealth countries. The plan focuses on scaling its AI-driven healthcare platforms — BluBio (biobanking and diagnostics), BluHealth (digital health), and Bioster (environmental safety). With support from the Commonwealth Medical Association and the Indian Medical Association, representing more than 1.5 million healthcare professionals, the company is positioned for faster adoption through unified regulatory and digital frameworks.

Strengthening its order book, Blue Cloud also secured a sizeable ₹110.8-crore contract for Data Annotation and AI Training Services from US-based Stratos Forge Inc earlier this month. The firm noted that data annotation has progressed from simple manual labelling to sophisticated, automation-powered processes capable of handling advanced formats such as 3D LiDAR, semantic text datasets, and high-resolution imaging — areas where Blue Cloud continues to expand its expertise.

For the September quarter, the company reported a net profit of ₹15 crore, an increase from ₹11 crore in Q2FY25. Its operating revenue grew to ₹253 crore from ₹235 crore in the same quarter last year, reflecting a 7.6% annual rise.

Disclaimer: This story is for educational purposes only. Please consult with an investment advisor before making any investment decisions.



Source link

You Might Also Like

Gold rate today in India tops ₹1.51 lakh on ceasefire hopes in the US-Iran war. US dollar, US Fed rate cut in focus | Stock Market News

Crude oil prices rise 2% despite hopes of US-Iran war ending within weeks | Stock Market News

Access Denied

Silver rate today: White metal drops 1% on profit booking, even as Gold price extends gains as Middle East tensions ease | Stock Market News

Access Denied

TAGGED:Blue Cloud Softech Q2 resultsBlue Cloud Softech Q2 results 2025Blue Cloud Softech share priceBlue Cloud Softech share price todayblue cloud softech sharesBlue Cloud Softech stockIndian stockIndian stock marketIT stockIT stocksmultibagger it stockMultibagger stockSmall cap IT stockSmall-cap multibagger IT stocksmallcap multibagger IT stock Blue Cloud Softechsmallcap stockStock market today
Share This Article
Facebook Twitter Email Print
Previous Article Dixon Technologies share price rebounds 6.5% after hitting 1-year low | Stock Market News
Next Article 800% return in one year! Multibagger stock hits 5% upper circuit following stock market rebound | Stock Market News

We influence 20 million users and is the number one business and technology news network on the planet.

Find Us on Socials

News for IndiaNews for India
© Wealth Wave Designed by Preet Patel. All Rights Reserved.
  • BUSINESS