Upper Circuit: Shares of multibagger small-cap stock Blue Cloud Softech Solutions Ltd rose 6 per cent on Monday, December 9, after the company received an order worth $15 million to supply advanced MDM solutions for medical tools.

Share price of Blue Cloud Softech Solutions on Monday closed 5.92 per cent higher at Rs 140.35, as against the last close at Rs 132.50. Shares of Blue Cloud Softech Solutions touched an intra-day high of Rs 145.75. The stock surged in the last few minutes of trade after the announcement of winning orders.

How was the trading
On the BSE, the total trading volume was over 6.3 lakh, much higher than the two-week average of 1.13 lakh shares. The market capitalisation of the company stood at Rs 3,061.61 crore. According to exchange data, the small-cap stock touched its 52-week high of Rs 261 on the BSE on July 29, 2024, while the 52-week low was Rs 46.08, which was touched on March 20. Shares up 135 per cent Blue Cloud Softech Solutions shares have delivered multibagger returns in the last 1 year, gaining 116 per cent during this period. Meanwhile, on a year-to-date (YTD) basis, the stock has gained 135 per cent. Over a long period of four years, the stock has gained nearly 1,100 per cent, rising from Rs 12 in December 2020 to the current level of Rs 140.35 per share. From January 1 to December 9, the stock has gained 140 per cent. Shares of Blue Cloud Softech have gained 116 per cent to Rs 140.35 as of the current market session, while it was at Rs 64.97 last year. Contract details Contract details The Hyderabad-based company announced that it has signed a Rs 1.50 crore contract to distribute its BLUPORT - mobile device management (MDM) platform specifically designed to optimise the management of biomedical tools. "We are excited to secure the MDM order along with secure OS development for medical tools and bring our innovative solution to the healthcare sector," Janaki Yarlagadda, chairperson, Blue Cloud Softech Solutions Ltd, said in an exchange filing.