Blue Cloud Softech Solutions gains on signing MoU with Kasten Development
Blue Cloud Softech Solutions is currently trading at Rs. 18.35, up by 0.34 points or 1.89% from its previous closing of Rs. 18.01 on the BSE.
The scrip opened at Rs. 18.23 and has touched a high and low of Rs. 18.61 and Rs. 18.10 respectively. So far 230898 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. 18.74 and Rs. 17.90 respectively. The current market cap of the company is Rs. 1676.32 crore.
The promoters holding in the company stood at 31.36%, while Institutions and Non-Institutions held 10.88% and 57.75% respectively.
Blue Cloud Softech Solutions has entered into a Memorandum of Understanding (MoU) with Kasten Development, Ghana, to explore strategic business collaboration for expanding the company's market presence and business opportunities in the Republic of Ghana and other mutually agreed territories. The proposed collaboration marks a strategic initiative by the company towards exploring international growth opportunities, strengthening its global business development network and expanding the potential reach of its AI-driven platforms, software products and technology solutions in emerging international markets.
Under the proposed framework, Kasten Development will support Blue Cloud Softech Solutions in identifying and developing business opportunities, lead generation, sales, marketing, customer engagement and implementation-related activities for the Company's products and services in Ghana. The collaboration envisages leveraging Kasten's local market presence and business network to facilitate customer acquisition opportunities, establish business relationships and promote the company's technology offerings among prospective customers, enterprises and business partners.
Through this collaboration, Blue Cloud Softech Solutions intends to explore opportunities for expanding the reach of its technology portfolio, particularly in the areas of Artificial Intelligence, enterprise technology, software solutions, digital transformation, healthcare technology and telecommunications. Blue Cloud Softech Solutions will provide product-related technical guidance, training, pre-sales support, product demonstrations and marketing resources to strengthen Kasten's capabilities in promoting and supporting the Company's technology solutions.
