Blue Cloud Softech Soars After Securing ₹1.05 Crore AIOT Project; Stock Hits Upper Circuit

Blue Cloud Softech Solutions saw its share price hit a 5% upper circuit limit at ₹105.27 on Wednesday, January 8, following the announcement of a significant order from Discovery Oaks Public School. The company will be implementing its AIOT-based products, Edugenie and Emotifics, in an educational project valued at ₹1.05 crore.
The AI-driven Edugenie platform is designed as a Learning Management System (LMS), offering a personalized educational experience with features such as unlimited video courses, live classes, text courses, and projects, creating a comprehensive learning ecosystem. Emotifics, another innovative product from Blue Cloud, provides advanced AIoT features like gender and age detection, smile detection, sunglass detection, face feature tracking, and Full-HD face tracking.
Stock Split Announcement
In addition to the new project win, Blue Cloud Softech Solutions recently revealed its plans for a stock split. The company has fixed January 20, 2025, as the record date for the subdivision of its shares. The split will occur in a 1:2 ratio, meaning each equity share with a face value of ₹2 will be subdivided into two shares with a face value of ₹1. This decision was approved by the company’s board and shareholders in a meeting held on December 30, 2024.
Price Trends and Performance
Despite the recent project announcement, Blue Cloud Softech Solutions’ share price has experienced volatility in the past few months. The stock has fallen over 20% in the last month and more than 50% over the past six months. However, over the past year, the stock has surged by more than 76%, and its two-year return has been a remarkable 706%, showcasing its potential as a multibagger small-cap stock.
As of 1:30 PM on Wednesday, the company’s shares remained locked at the 5% upper circuit at ₹105.27 on the BSE, reflecting strong market sentiment following the announcement.