Blue Cloud zooms as its arm receives order worth Rs 147 crore from IBM Cloud Inc
Blue Cloud Softech Solutions is currently trading at Rs. 22.92, up by 2.87 points or 14.31% from its previous closing of Rs. 20.05 on the BSE.
The scrip opened at Rs. 20.88 and has touched a high and low of Rs. 23.50 and Rs. 20.60 respectively. So far 2720204 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. 23.50 and Rs. 18.95 respectively. The current market cap of the company is Rs. 2039.09 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’ wholly owned US subsidiary -- Global Impx Inc. (GIX) has received a signed statement of work from IBM Cloud Inc for AI infrastructure design, deployment and support services, at a fixed fee of $15.5 million (around Rs 147 crore).
The statement of work is issued under a Master Services Agreement between the two companies dated August 21, 2026. Work commenced on September 24, 2026, and fees are payable against five milestones running from project kick-off to production go-live. GIX will deliver a scalable, secure, high-performance environment for the client’s AI and machine learning workloads, covering model development, training, fine-tuning and inference.
