Penny stock below Rs 35 locked in upper circuit after securing USD 9.36 million coastal surveillance project; Expanding footprint in global security & surveillance market
The stock has given multibagger returns of 119.3 per cent from its 52-week low of Rs 14.95 per share.
On Tuesday, the shares of Blue Cloud Softech Solutions Ltd hit a 2 per cent upper circuit to Rs 32.78 per share from its previous closing of Rs 32.14 per share. The stock’s 52-week high is Rs 130.50 per share and its 52-week low is Rs 14.95 per share. The shares of the company saw a spurt in volume by more than 1.10 times on the BSE.
Blue Cloud Softech Solutions Limited (BCSSL) has secured a significant USD 9.36 million contract for a coastal surveillance project. This substantial win, spanning 18 months, involves the development and implementation of a custom-built coastal surveillance system for the South American coastline. The project, awarded through a client in the United States, underscores BCSSL's growing influence in the global security and surveillance market.
This impressive project highlights BCSSL's specialised expertise in delivering sophisticated surveillance systems that are precisely tailored to unique geographic and operational requirements. These systems integrate advanced AI, IoT, and cloud technologies to bolster coastal security and facilitate proactive threat management. The timing of this win is particularly opportune, as the global security and surveillance industry, valued at USD 17.23 billion in 2024, is projected to surge to US$36.85 billion by 2033, reflecting a robust compound annual growth rate (CAGR) of 8.8 per cent.
The cutting-edge solution will seamlessly integrate high-definition CCTV surveillance cameras (4K Ultra HD with a 2 km range), autonomous drones (with a 4-hour flight time and 50 km range), and patrol trawlers (capable of 35 knots). All these components will be centrally managed from a state-of-the-art Command and Control Centre (C3), ensuring real-time data integration and AI-driven threat assessment. This comprehensive system is designed to significantly enhance safety and security along the South American coastline, further solidifying Blue Cloud Softech Solutions' reputation as a trusted partner in the global defence and security sector.
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About the Company
Headquartered in Hyderabad, Telangana, Blue Cloud Softech Solutions Limited (BCSSL) is a pioneering provider of AIoT-based solutions specialising in AI-driven healthcare and technology products. With a steadfast commitment to innovation, BCSSL empowers businesses and communities alike by delivering cutting-edge, indigenous technology solutions that drive measurable transformation.
According to Quarterly Results, the company reported net sales of Rs 183.62 crore in Q4FY25 and net profit increased by 52 per cent to Rs 13.04 crore in Q4FY25 compared to Q4FY24. In its annual results, the net sales increased by 59 per cent to Rs 796.86 crore and net profit increased by 175 per cent to Rs 44.27 crore in FY25 compared to FY24.
The stock has given multibagger returns of 119.3 per cent from its 52-week low of Rs 14.95 per share. Shares of Blue Cloud Softech Solutions Limited ex-traded stock split in the ratio 2:1, i.e., sub-division of equity shares of the company having a Face Value of Rs 2 each (fully paid-up) into one equity share of face value of Re 1 each (fully paid-up). The ex-date for the stock split was Monday, January 20, 2025. The company has a market cap of Rs 1,430 crore.
Disclaimer: The article is for informational purposes only and not investment advice.