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Blue Cloud signs $8.9 million MoU with LedgerFi to digitize Zanzibar government services
Blue Cloud signs $8.9 million MoU with LedgerFi to digitize Zanzibar government services

Business Upturn

time10-07-2025

  • Business
  • Business Upturn

Blue Cloud signs $8.9 million MoU with LedgerFi to digitize Zanzibar government services

By Aman Shukla Published on July 10, 2025, 08:30 IST Blue Cloud Softech Solutions Limited (BCSSL), a global name in cybersecurity and digital solutions, has signed a USD $8.90 million Memorandum of Understanding (MoU) with UAE-India-based LedgerFi IT Solutions. This major partnership is set to support the Zanzibar Government's ambitious plan to fully digitize its public services through the eDUA Unified Digital Government Platform (UDGP). Under this collaboration, Blue Cloud will serve as the lead tech partner, handling the complete design and deployment of the UDGP platform. The project is being driven by the Zanzibar eGovernment Authority (eGAZ), and it aims to modernize how government departments, ministries, agencies, and private sector players deliver services. Citizens, residents, businesses, and NGOs can look forward to faster, more transparent, and secure access to a wide range of public services. The signing ceremony brought together leaders from Blue Cloud, LedgerFi, and the Zanzibar Government, highlighting a joint commitment to innovation and digital transformation. This $8.90 million project also reflects a long-term vision: to create a revenue-generating, self-sustaining digital model that could make Zanzibar a leading example of e-governance not only in Africa but on the global stage. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at

Small-cap multibagger stock hits upper circuit for 19th straight session. Do you own?
Small-cap multibagger stock hits upper circuit for 19th straight session. Do you own?

Mint

time07-07-2025

  • Business
  • Mint

Small-cap multibagger stock hits upper circuit for 19th straight session. Do you own?

Blue Cloud Softech Solutions share price was locked in the upper circuit for the nineteenth straight session on Monday. The small-cap stock rose 2% to hit the upper circuit limit of ₹ 35.45 apiece on the BSE. Blue Cloud Softech Solutions shares have hit the upper circuit in 34 out of the past 38 trading sessions. The gains in Blue Cloud Softech Solutions share price today comes after the company announced its expansion in Europe with the launch of its new office in Grenoble, France. Blue Cloud Softech Solutions has operations in the UK, US, UAE, Israel, France, Tanzania, Singapore and India. 'This expansion enhances the company's ability to deliver localized support and advanced digital services across critical sectors including cybersecurity, national security, defence, healthcare, media, education, finance, and secure communications,' Blue Cloud Softech Solutions said in a regulatory filing on July 6. Blue Cloud Softech Solutions is a global technology firm specializing in AI, cloud computing, enterprise software, cybersecurity, and secure communications. Meanwhile, the company had earlier announced the date for its Extra Ordinary General Meeting (EGM) to approve the special resolution for the acquisition of global technology firm AIS Anywhere. Blue Cloud Softech Solutions EGM will be held on 10 July 2025, through a Video Conference. Blue Cloud Softech Solutions share price has gained 45% in one month, and 111% in the past three months. The smallcap stock has fallen 28% on a year-to-date (YTD) basis, while it is down 68% in one year. However, Blue Cloud share price has delivered multibagger returns of 491% in the past five years. At 11:50 AM, Blue Cloud Softech Solutions share price was still locked in at 2% upper circuit of ₹ 35.45 apiece on the BSE. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.

IT Stock hits upper circuit after Rs 780000000 project win in South America
IT Stock hits upper circuit after Rs 780000000 project win in South America

India.com

time01-07-2025

  • Business
  • India.com

IT Stock hits upper circuit after Rs 780000000 project win in South America

शेयर बाजार भी पाकिस्तान से कई गुना बड़ा In today's trading session, the shares of Blue Cloud Softech Solutions Limited are in the focus of investors. as the company has informed exchanges that it has received a project worth Rs 78 crore. After this news, the company's stock witnessed a significant rise. On Tuesday, the company's stock touched the upper circuit and reached Rs 32.78 per share. On Monday, the stock closed at Rs 32.14 per share. Blue Cloud Softech Solutions Limited has received a big project worth Rs 78 crores. This project is related to Coastal Surveillance. In this, the company's technology will be used for monitoring and security of the seashore. With the receipt of this project, the company has now become even stronger in the global security and surveillance market. Now the company will be known for its technology projects abroad as well. Blue Cloud is already ahead in technology and software work. Now, through this new project, the company is also entering the field of defence and security technology. This can help in getting even bigger government or international projects in the future. According to BSE Analytics, the company's shares have risen by more than 47 per cent in the last one month. At the same time, the stock has given a negative return of 33.14 per cent in the last 6 months. The stock has declined by 70 per cent in one year. However, the stock has given a multibagger return of 486 per cent in five years. The market cap of the company is Rs 1,430.13 crore. Meanwhile, equity benchmark indices Sensex and Nifty rebounded in early trade on Tuesday after falling in the previous trading session, amid a rally in global markets. Moreover, buying in blue-chip stocks — Reliance Industries and HDFC Bank — also added to the markets optimism during the initial trade. The 30-share BSE Sensex climbed 177.79 points to 83,784.25 in early trade. The 50-share NSE Nifty went up by 51.2 points to 25,568.25.

Multibagger small-cap stock under ₹50 hits upper circuit for fifteenth straight session; here's why
Multibagger small-cap stock under ₹50 hits upper circuit for fifteenth straight session; here's why

Mint

time01-07-2025

  • Business
  • Mint

Multibagger small-cap stock under ₹50 hits upper circuit for fifteenth straight session; here's why

Blue Cloud Softech Solutions share price was locked in the upper circuit for the fifteenth consecutive session on Monday. The small-cap stock rose 2% to hit the upper circuit limit of ₹ 32.78 apiece on the BSE. Blue Cloud Softech Solutions shares have hit the upper circuit in 30 out of the past 33 trading sessions. The gains in Blue Cloud Softech Solutions share price today comes after the company announced securing Coastal Surveillance Project worth $9.36 million, expanding footprint in Global Security & Surveillance market. The company announced a significant win by securing a contract valued at $9.36 million through its client in the United States. The project, spanning 18 months, involves the development and implementation of a customized coastal surveillance system to enhance security along the South American coastline. The Integrated Surveillance System includes High-Definition CCTV Cameras, Autonomous Drones and Patrol Trawlers. The Centralized Command & Control Centre includes Real-Time Data Integration, AI-Driven Threat Assessment, Incident Management and Cloud Integration, Blue Cloud Softech Solutions said in a regulatory filing on June 30. On Monday, the company had announced the date for its Extra Ordinary General Meeting (EGM) to approve the special resolution for the acquisition of global technology firm AIS Anywhere. Blue Cloud Softech Solutions EGM will be held on Thursday, 10 July 2025, through a Video Conference. Blue Cloud Softech Solutions share price has gained 48% in one month, and 92% in the past three months. The smallcap stock has fallen 33% on a year-to-date (YTD) basis, while it is down 71% in one year. However, Blue Cloud share price has delivered multibagger returns of 446% in the past five years. At 11:50 AM, Blue Cloud Softech Solutions share price was still locked at 2% upper circuit of ₹ 32.78 apiece on the BSE.

Multibagger small-cap stock under  ₹50 hits upper circuit for fifteenth straight session; here's why
Multibagger small-cap stock under  ₹50 hits upper circuit for fifteenth straight session; here's why

Mint

time01-07-2025

  • Business
  • Mint

Multibagger small-cap stock under ₹50 hits upper circuit for fifteenth straight session; here's why

Blue Cloud Softech Solutions share price was locked in the upper circuit for the fifteenth consecutive session on Monday. The small-cap stock rose 2% to hit the upper circuit limit of ₹ 32.78 apiece on the BSE. Blue Cloud Softech Solutions shares have hit the upper circuit in 30 out of the past 33 trading sessions. The gains in Blue Cloud Softech Solutions share price today comes after the company announced securing Coastal Surveillance Project worth $9.36 million, expanding footprint in Global Security & Surveillance market. The company announced a significant win by securing a contract valued at $9.36 million through its client in the United States. The project, spanning 18 months, involves the development and implementation of a customized coastal surveillance system to enhance security along the South American coastline. The Integrated Surveillance System includes High-Definition CCTV Cameras, Autonomous Drones and Patrol Trawlers. The Centralized Command & Control Centre includes Real-Time Data Integration, AI-Driven Threat Assessment, Incident Management and Cloud Integration, Blue Cloud Softech Solutions said in a regulatory filing on June 30. On Monday, the company had announced the date for its Extra Ordinary General Meeting (EGM) to approve the special resolution for the acquisition of global technology firm AIS Anywhere. Blue Cloud Softech Solutions EGM will be held on Thursday, 10 July 2025, through a Video Conference. Blue Cloud Softech Solutions share price has gained 48% in one month, and 92% in the past three months. The smallcap stock has fallen 33% on a year-to-date (YTD) basis, while it is down 71% in one year. However, Blue Cloud share price has delivered multibagger returns of 446% in the past five years. At 11:50 AM, Blue Cloud Softech Solutions share price was still locked at 2% upper circuit of ₹ 32.78 apiece on the BSE. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.

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