Small-cap IT stock under ₹50: Blue Cloud Softech Solutions share price surged as much as 4.70% on BSE in Monday’s trading session after the implementation of SpaceX International agreement plan.
Blue Cloud Softech Solutions share price opened at ₹22.99 apiece today, as compared to previous close of ₹22.11 on Friday. The small-cap IT stock touched an intraday high of ₹23.54 on 24 August.
What’s behind the rally?
Blue Cloud Softech Solutions announced that it has begun delivering services under its Master Services Agreement (MSA) with SpaceX International Ltd, MY. The execution of Statement of Work (SOW) No. 1 commenced on August 24, 2026.
SOW No. 1 has a total contract value of $150 million, comprising $70 million for AI Infrastructure, $25 million each for Cybersecurity and Telecommunications, and USD 30 million for Data Centre Solutions. Service delivery and billing are expected to begin in the current quarter, in line with the agreed execution schedule.
“Moving from signature to execution on schedule reflects the strength of our delivery organisation. This programme strengthens our US delivery platform” or “establishes a significant delivery programme across four practice areas,” said Bhaskar Nallamilli, CEO of Blue Cloud USA.
The engagement will be carried out through Blue Cloud’s US operations, leveraging the group’s expertise in artificial intelligence platforms, cyber defense, telecom engineering, and data centre development and operations.
“This engagement demonstrates Blue Cloud’s ability to execute large-scale, multi-domain technology programmes. The scope across AI infrastructure, cybersecurity, telecommunications and data centre solutions further strengthens the Group’s international delivery capabilities and supports its next phase of growth,” said Tejesh Kumar Kodali, Group Chairman.
Blue Cloud Softech Solutions share price trend
Blue Cloud Softech Solutions share price trend has remained volatile amid weak market sentiments. The small-cap IT stock has gained 5.58% in a week and 13% in a month.
Furthermore, the small-cap stock has given 25% returns in three months and over 9% on year-to-date (YTD) basis.
However, the IT stock has slipped 25% in a year and 79% in three years. Meanwhile, the small-cap stock has also delivered multibagger gains of 286% in five years.
Disclaimer: This story is for educational purposes only. Please consult with an investment advisor before making any investment decisions.
