Mumbai, 22 November (Udaipur Kiran)। Blue Cloud Softech Solutions witnessed a marginal rise in its stock price after the company signed an MoU with the Andhra Pradesh Economic Development Board (APEDB) to invest in the state’s healthcare sector.
The stock was trading at ₹24.04, up ₹0.05 or 0.21% from its previous close of ₹23.99 on the BSE. It opened at ₹24.67 and recorded a high of ₹24.67 and a low of ₹23.75 so far, with 15,54,632 shares traded during the session.
The BSE Group ‘B’ stock, having a face value of ₹1, has a 52-week high of ₹78.85 (21 November 2024) and a 52-week low of ₹14.95 (17 April 2025). The company’s market capitalisation stands at ₹1,050.13 crore. Promoters hold 34.54%, while institutions and non-institutions hold 22.94% and 42.52% respectively.
As per the MoU, Blue Cloud Softech will invest around ₹400 crore for its flagship initiative ‘BluBio’, proposed in Amaravathi or Visakhapatnam, on a 30-acre site. The company aims to create 1,200 direct jobs by 2027, along with about 20,000 indirect employment opportunities, supporting multiple sectors connected to operations and logistics.
The investment is planned to drive innovation in healthcare, defence, finance and cybersecurity using AI-driven technologies. The company said the model would strengthen technological growth in Andhra Pradesh and support industry standards with scalable solutions. The MoU will remain valid for 12 months from the date of signing.
Blue Cloud Softech Solutions is engaged in software development, marketing, and data processing services, including system analysis, consultancy, and programming in India and abroad.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
