2 weeks ago

Blue Cloud Softech Shares Jump 3% After NSE Dual Listing

Blue Cloud Softech Shares Jump 3% After NSE Dual Listing
Small-cap IT stock under ₹50 jumps 3% despite muted trends on Dalal Street · livemint.com

Blue Cloud Softech is a software and artificial intelligence company in India.

On Tuesday, its shares went up more than 3%, even though the overall stock market was having a slow day.

The good news for the company is that its shares can now be traded on a second big stock exchange in India.

A stock exchange is a special marketplace where people buy and sell small pieces of companies.

Blue Cloud shares were already on one exchange called BSE, and now they are also on the other big one called NSE.

The company had to show it was big and well-behaved to get this chance.

It makes AI tools for public safety, healthcare, and 5G internet, and wants to grow in Africa and the United States.

The company's chairman said this is a proud moment that gives investors more choices and liquidity.

Soon, the company's leaders will also think about buying a healthcare company in America.

Key facts

Share price movement
Jumped over 3%; opened at ₹21.90, intraday high ₹22.68 on 18 August
Previous close
₹21.86 (Monday)
NSE admission effective
17 August 2026
Shares admitted
92,30,81,600 equity shares of face value Re 1 each
Market capitalisation eligibility
Above ₹1,500 crore on six-month average basis
Board approval date
30 April 2026
Company revenue
Over ₹1,000 crore
Next board meeting
24 August 2026, to consider US healthcare acquisition

Quotes

Janaki Yarlagadda

Chairman, Blue Cloud Softech Solutions Limited

“Admitting on the NSE is a proud moment for everyone at Blue Cloud. Since our BSE listing in 2016 we have grown from an IT services company into a diversified AI-first group with revenue of over ₹1,000 crore.”
livemint.com

Sources

Related news