Blue Cloud Softech Solutions surges on securing Data Annotation project from Stratos Forge
Blue Cloud Softech Solutions is currently trading at Rs. 20.77, up by 0.47 points or 2.32% from its previous closing of Rs. 20.30 on the BSE.
The scrip opened at Rs. 20.50 and has touched a high and low of Rs. 21.30 and Rs. 20.46 respectively. So far 1824197 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 72.88 on 09-Dec-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. 22.29 and Rs. 20.00 respectively. The current market cap of the company is Rs. 911.39 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 has received a major Data Annotation and AI Training Services order from Stratos Forge Inc, headquartered at New Brunswick, USA. This follows the successful completion of a substantial pilot engagement valued at around Rs 18.00 crore, where the company delivered an exceptional annotation accuracy of 96.68% across the agreed metrics.
Impressed by this performance, Stratos Forge Inc has now awarded Blue Cloud Softech Solutions the full-scale project rollout with a commercial value of around Rs 110.08 crore. The project will be executed using the company’s in-house delivery infrastructure along with its Centre of Excellence (CoE) partnerships with top universities, enabling scalable, high precision AI data operations.
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.
