Blue Cloud Softech Solutions gains on signing Letter of Intent with BlackDice Cyber
Blue Cloud Softech Solutions is currently trading at Rs. 32.37, up by 0.30 points or 0.94% from its previous closing of Rs. 32.07 on the BSE.
The scrip opened at Rs. 32.15 and has touched a high and low of Rs. 34.80 and Rs. 31.80 respectively. So far 2841083 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 79.95 on 11-Nov-2024 and a 52 week low of Rs. 14.95 on 17-Apr-2025.
Last one week high and low of the scrip stood at Rs. 38.00 and Rs. 29.60 respectively. The current market cap of the company is Rs. 1422.28 crore.
The promoters holding in the company stood at 34.54%, while Institutions and Non-Institutions held 22.94% and 42.52% respectively.
Blue Cloud Softech Solutions (BCSSL) has signed a Letter of Intent (LoI) with BlackDice Cyber, a UK based Cybersecurity technology company. The collaboration aims to integrate advanced,?AI-based?network?protection directly into 5G Fixed Wireless Access (FWA) hardware and edge infrastructure, enabling secure, end-to-end connectivity for operators and residential users.
Through this initiative, BCSSL plans to establish a?multi-layered security framework from perimeter defenses to end point protection within the next generation of 5G Customer Premises Equipment (CPE) and Wi-Fi routers designed for its own 5G FWA rollout and for other telecom and broadband service provider clients.
Blue Cloud Softech Solutions is carrying on the business of designing, developing, computer software and marketing in India or abroad and providing data processing services of all kinds including computer consultancy, systems analysis, and programming and computer maintenance in India or abroad.
