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Smallcap IT share hits upper circuit as firm shares update on new appointment | Check details here
24htopnews | July 15, 2025 6:06 PM CST

Shares of Blue Cloud Softech Solutions Ltd surged on Tuesday July 15 2025 following the companys strategic move of appointing Lieutenant General Anil Bhalla (Retd) to its advisory board. This significant appointment aimed at bolstering the companys strategic vision in defence tech cybersecurity and national security innovation was well-received by the market. The companys announcement emphasized that General Bhallas 39 years of experience in the Indian Army will be instrumental in the companys mission of delivering secure future-ready solutions to critical sectors. His leadership has spanned complex theatres — from commanding divisions along sensitive borders overseeing large-scale relief operations in post-disaster zones managing over $10 billion in defence resources and leading international defence cooperation in more than 20 countries the company said in an exchange filing. Share Price Today Meanwhile the stock opened in the red at Rs 32.71 against the previous close of Rs 33.35 on the BSE. However it gained later and touched the intraday high of Rs 34.01 - a gain of around 2 per cent. This is also the upper circuit of the stock. The stocks performance is a reflection of the markets reaction to the new appointment and other factors and its important to consider these when making investment decisions. However the stock remained volatile amid a spurt in volume by more than 2.79 times. This volatility while it can present opportunities for quick gains also carries significant risks. The 52-week high of the stock is Rs 130.50 and the 52-week low is Rs 14.95 indicating the potential for both high returns and substantial losses. Stock Market Today Market enthusiasts were greeted with a positive start on Tuesday as the stock market benchmark indices Sensex and Nifty rebounded after four days of decline. This rebound fueled by a decline in retail inflation to an over six-year low of 2.1 per cent in June brought the indices closer to the RBIs comfort zone instilling a sense of optimism in the market. The positive trend on Wall Street in overnight trade also played a significant role in the recovery of domestic equity markets during the initial trade. This global cue coupled with the decline in retail inflation contributed to the markets positive start on Tuesday reinforcing the interconnected nature of the global market. The 30-share BSE Sensex climbed 203.95 points to 82457.41 in early trade. The 50-share NSE Nifty went up by 68.85 points to 25151.15. From the Sensex firms Sun Pharma Bharti Airtel Mahindra & Mahindra Bharat Electronics Tata Motors and Infosys were among the biggest gainers.


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