Small-cap stock Blue Cloud Softech Solutions jumps 20% on AI collaboration talks with SpaceX International
One crore equity shares of Blue Cloud Softech Solutions changed hands on BSE as compared to its weekly average trading volumes of 8 lakh and monthly average of 9 lakh shares.
Shares of Blue Cloud Softech Solutions Ltd. hit 20% upper circuit of ₹21.67 apiece on the BSE Monday, after the company said it was evaluating business opportunities in AI.
The rally in Blue Cloud Softech's share price was also supported by robust trading volumes. Around 1 crore equity shares changed hands on BSE as compared to its one-week average trading volumes of 8 lakh and one-month average of 9 lakh.
The company is “evaluating preliminary, non-binding business opportunities” in the field of artificial intelligence technology with SpaceX International Ltd.
The parties have, at this stage, established only a framework for the exchange of information to facilitate discussions and an evaluation of potential areas of collaboration. This reflects the company’s continued focus on exploring strategic opportunities in the digital infrastructure and technology ecosystem, Blue Cloud Softech Solutions said in a regulatory filing on June 22.
Blue Cloud Softech Solutions said it believes that the growing demand for artificial intelligence applications and digital technology presents significant opportunities, and the proposed discussions are intended to assess the feasibility and potential scope of any future collaboration.
“The company clarifies that the preliminary discussions are solely for the purpose of evaluating potential business opportunities and do not create any binding obligation on either party to enter into any transaction, joint venture, investment, partnership or definitive agreement,” the company added.
However, market participants must note that SpaceX International Ltd is a different company the recently Nasdaq listed Elon Musk’s Space Exploration Technologies Corporation.
Blue Cloud Softech Solutions Share Price Performance
Blue Cloud Softech Solutions share price has fallen 16% in one month and has declined 20% in three months. The smallcap stock has plunged 35% in six months, while it has dropped over 30% in two years. Blue Cloud Softech Solutions share price has delivered multibagger returns of 282% over the past five years.
At 11:07 AM, Blue Cloud Softech Solution share price was trading 17.00% higher at ₹21.13 apiece on the BSE.
About the Author
Ankit Gohel is the Deputy Chief Content Producer at Livemint, specialising in financial markets, macroeconomics, and regulatory developments. With a strong focus on equity markets, primary issuances, and policy-driven market movements, he brings clarity to complex financial developments for investors and market participants. <br><br> With nine years of experience in business and financial journalism, Ankit’s approach is rooted in the belief that market reporting should go beyond headlines — connecting data, policy, and ground realities to deliver actionable insights. His work consistently bridges the gap between institutional analysis and investor understanding. <br><br> Ankit has spent three years at Livemint, where he currently helps drive market coverage, editorial strategy, and high-impact financial stories. Prior to this, he worked with leading business news networks such as CNBC-TV18, ET Now, TickerPlant News Service where he built deep expertise in stock market analysis, macroeconomic trends, primary markets, and coverage of key regulators including the RBI and SEBI. <br><br> Over the years, he has covered market cycles across bull and bear phases, IPO booms, liquidity shocks, and major policy shifts that reshaped investor sentiment. He has interviewed fund managers, corporate leaders, and policymakers, translating their perspectives into sharp, data-backed narratives. Ankit combines speed with accuracy — ensuring timely, credible, and insight-driven financial journalism that empowers both retail and institutional audiences.
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