Blue Cloud Softech Solutions gains on signing MoU with Government of Republic of Liberia
Blue Cloud Softech Solutions is currently trading at Rs. 19.87, up by 0.37 points or 1.90% from its previous closing of Rs. 19.50 on the BSE.
The scrip opened at Rs. 19.89 and has touched a high and low of Rs. 20.00 and Rs. 19.55 respectively. So far 363020 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 38.00 on 06-Nov-2025 and a 52 week low of Rs. 16.51 on 27-Jan-2026.
Last one week high and low of the scrip stood at Rs. 20.45 and Rs. 19.32 respectively. The current market cap of the company is Rs. 1837.86 crore.
The promoters holding in the company stood at 38.44%, while Institutions and Non-Institutions held 13.28% and 48.27% respectively.
Blue Cloud Softech Solutions (BCSSL) has signed a Memorandum of Understanding (MoU) with the Government of the Republic of Liberia, represented by the Ministry of Posts and Telecommunications, and the Global Council for Investment and Business for Africa (GCIB Africa), for the planning, development, financing and implementation of the Liberia National Digital Infrastructure Project (NDIP) through a Public Private Partnership (PPP) model-- a flagship programme intended to anchor Liberia's digital public infrastructure, data sovereignty and cybersecurity resilience for a generation.
Subject to completion of feasibility studies and execution of definitive agreements, the parties intend to jointly establish a Special Purpose Vehicle (SPV) under the laws of the Republic of Liberia as the dedicated project company for the development, financing, implementation, ownership, operation and management of NDIP. BCSSL's participation in the Project--including its role in financing, implementation, operation and maintenance--is on a non-binding, best-efforts basis at this stage and remains subject to such definitive agreements. The MoU has an initial term of 24 months, and no consideration is payable or receivable by any party under the MoU at this stage.
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.
