Blue Cloud Softech Solutions hits upper circuit on stock split record date
livemint.com — January 20, 2025, 09:01 AM UTC
Blue Cloud Softech Solutions Ltd, a small-cap IT company, reached its upper circuit limit on the Bombay Stock Exchange after announcing a 1:2 stock split. The record date for this split is set for January 20, 2025. The company's share price opened at ₹46.74 and rose 5% at the start of trading. This follows a significant price increase from ₹23.04 in March 2024 to a high of ₹123.50 in July 2024, although it has since corrected. Recently, Blue Cloud Softech Solutions secured a ₹1.05 crore order from Discovery Oaks Public School in Hyderabad to implement its AIoT products, Edugenie and Emotifics. This project highlights the company's focus on innovative technology solutions.