AI Stock Rally: THIS Small Cap Stock Jumps 8% For Second Day On SpaceX International Update | Do You Own?

AI Stock Rally: Shares of Blue Cloud Softech Solutions continued to rally for the second consecutive day on Tuesday, August 11, after the small cap IT firm announced contract with SpaceX International Limited. The company is also set to announce its first quarter result for the financial year 2026-27 in the coming days.

Blue Cloud Softech Solutions share price was trading 8.13% higher at Rs 24.24 per share on BSE with a market capitalisation of Rs 2,237.55 crore at 1:10 pm on Tuesday. The stock had touched an intraday high mark of Rs 25.80 per share and an intraday low mark of Rs 22.80 per share.

Blue Cloud Q1 Result Announcement Date

The company's board of directors meeting is scheduled for Friday, August 14 to consider and approve unaudited standalone and consolidated financial results for the June quarter of financial year 2026-27.

Blue Cloud Softech Solutions Tie-Up With SpaceX International

Blue Cloud Softech Solutions' US subsidiary, BCSSL-USA, entered into the Master Services Agreement with SpaceX International Limited. The AI firm has executed a Statement of Work (SOW) which is issued under the MSA.

The SOW provides "for a minimum contractual commitment of USD 150,000,000 over an eighteen-month term, subject to the terms and conditions of the executed agreements. The engagement represents a significant step in BCSSL's expansion into large-scale AI infrastructure, cybersecurity, telecommunications and data-Centre solutions for global clients," stated the firm in its press release.

As per the agreement, BCSSL-USA will design, build, integrate, secure, connect and operate a dedicated, sovereign-grade AI compute and data-Centre platform for SpaceX International Ltd, MY. The company will provide services mainly in four sectors including AI Infrastructure (USD 70 million), Cybersecurity (USD 25 million), Telecommunications (USD 25 million) and Data Centre Solutions (USD 30 million).

Blue Cloud Share Price Outlook

"Blue Cloud Softech's US$150 million deal with SpaceX International is a definite positive for the company, as it provides increased visibility and validates its strengths in AI infrastructure, cybersecurity, telecom solutions, and data centre solutions. The market's initial reaction is understandable, but given that the stock had gained momentum before this news, the next round of the stock's rerating would hinge on the execution of this contract. With the stock currently trading at around ₹22-23 per share, there will be more volatility ahead. Investors need to keep an eye on order execution and cash flow in each quarter," stated Siddharth Maurya, Founder & Managing Director, Vibhavangal Anukulakara Pvt. Ltd.

Blue Cloud Share Price Trend

The stock dipped to its 52-week low mark of Rs 16.51 per share on January 27, 2025. It has a return on equity (ROE) of 53.63%. The company scrip has delivered close to 20.5% return in three months and around 359% return in five years. However, the AI stock has delivered close to 8% return in 2026 so far.

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