Blue Cloud Softech Share Price Jumps 5% On $ 150 Million SpaceX International Malaysia Deal

Shares of Blue Cloud Softech Solutions Limited rallied during Monday's trading session after the AI-first technology services provider commenced the delivery of services under its Master Services Agreement (MSA) with SpaceX International Ltd.

Blue Cloud Softech Solutions share price was trading 4.66% higher at Rs 23.14 per share on BSE with a market capitalisation of Rs 2,140.63 crore at 2:55 pm on Monday, August 24. The stock had touched an intraday high of Rs 23.54 per share and an intraday low of Rs 22.81 per share.

Blue Cloud Softech Solutions Business Update

The AI-first technology company, that it has commenced the delivery of services under its Master Services Agreement (MSA) with SpaceX International Limited, MY, with execution under Statement of Work No.1 from today.

"The engagement will be executed through Blue Cloud's US operations, drawing on the group's delivery capabilities across artificial intelligence platforms, cyber defense, telecom engineering, and data centre build-out and operations," stated the firm in its press release.

"Moving from signature to execution on schedule reflects the strength of our delivery organisation. This programme strengthens our US delivery platform" or "establishes a significant delivery programme across four practice areas," commented Bhaskar Nallamilli, CEO of Blue Cloud USA.

Earlier, the AI-focused company signed a strategic Memorandum of Agreement (MoA) with GCIB for Africa and Afro Mobile SARL for Telecommunications and Digital Infrastructure Development Across Africa.The MoU would let the firm establish a strategic partnership framework for the identification, structuring, financing, development, implementation, operation and commercialisation of telecommunications and digital infrastructure initiatives across Africa, covering national fibre-optic backbone, 4G/5G mobile network infrastructure, according to the company press release.

Under the agreement, Blue Cloud Softech Solutions will act as Lead Technology and Digital Transformation Partner.

Blue Cloud Softech Solutions Share Price Trend

The stock opened higher on Monday. It touched its 52-week high of Rs 38 per share on November 6, 2025. The stock dipped to its 52-week low of Rs 16.51 per share on Janiary 27, 2026. The stock has delivered 24% return in three months and around 8.5% return in 2026 so far.

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