Archive · 28 Nov 2025
Blue Cloud Softech Rises Despite Market Caution
Blue Cloud Softech, a small IT company, saw its stock price go up by over 3% on November 28, even though the overall market was being careful.
This is the second day in a row that the stock has gone up.
The company recently made a deal with a US company called Byte Eclipse Technologies to work together on making special computer chips for a type of artificial intelligence called edge-AI.
They plan to sell these chips in the US and Europe.
The stock has had a tough year, losing more than half of its value, but this new partnership could bring in a lot of money, between $65 and $80 million over five years.
Blue Cloud Softech's stock rose over 3% on November 28 despite cautious market sentiment.
The company announced a joint venture with Byte Eclipse Technologies for edge-AI chipsets.
The JV aims to design, manufacture, and commercialize edge-AI microprocessor chipsets globally.
The stock has fallen 55% this year, hitting a 52-week low of ₹14.95 in April.
The partnership has a business potential of $65 to $80 million over five years.
- Who
- Blue Cloud Softech Solutions and Byte Eclipse Technologies Inc.
- What
- Formation of a joint venture for edge-AI microprocessor chipsets.
- When
- November 25, 2023 (JV announcement), November 28, 2023 (stock rise).
- Where
- India (Blue Cloud Softech) and USA (Byte Eclipse Technologies).
- Why
- To design, manufacture, and commercialize edge-AI chipsets globally.
- Stock Name
- Blue Cloud Softech Solutions
- Opening Price
- ₹21.70
- Previous Close
- ₹21.38
- Intraday High
- ₹22.10
- Yearly Low
- ₹14.95 (April 17, 2023)
- Yearly High
- ₹72.88 (December 9, 2022)
- JV Partner
- Byte Eclipse Technologies Inc.
- JV Duration
- 5 years