Blue Cloud Softech Solutions surges on inking pact with Orange Business Services India Technology
Blue Cloud Softech Solutions is currently trading at Rs. 23.89, up by 0.30 points or 1.27% from its previous closing of Rs. 23.59 on the BSE.
The scrip opened at Rs. 23.99 and has touched a high and low of Rs. 24.00 and Rs. 23.74 respectively. So far 172106 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. 24.44 and Rs. 23.00 respectively. The current market cap of the company is Rs. 1041.40 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 entered into a Master Service Agreement with Orange Business Services India Technology, a global leader in network and digital integration. Orange Telecom has been selected as an integration partner by BCSSL to support the implementation of 5G Fixed Wireless Access (FWA) technology. As part of this collaboration, Orange is actively involved in launching a proof of concept (POC) for 5G FWA at the BSNL exchange located in Mindi, Visakhapatnam.
BCSSL, acting as the principal partner for BSNL in this initiative, is spearheading the deployment of advanced 5G FWA solutions to enhance high-speed connectivity and network performance in the region. Through this partnership, Orange brings its global expertise in network integration and digital solutions to the table, ensuring that the 5G FWA rollout is seamless, secure, and scalable. The POC at BSNL Mindi exchange serves as a critical milestone, demonstrating the technical feasibility and operational benefits of adopting 5G FWA for enterprise and residential customers. This initiative is designed to showcase how next-generation wireless broadband can address connectivity challenges, especially in areas where traditional fiber deployment may be impractical or cost-prohibitive.
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.
