Blue Cloud Softech Solutions share price extended its rally for a second consecutive session on Tuesday after the company informed exchanges that it is evaluating preliminary business opportunities in the artificial intelligence (AI) space with SpaceX International Ltd.
In just 2 days, Blue Cloud Softech Solutions share price has rallied around 43% and touched an intraday high of ₹25.96 on June 23, 2026.
Blue Cloud Softech Solutions said it is evaluating business opportunities in the field of artificial intelligence technology with SpaceX International Ltd.
The company stated that the parties have established a framework for the exchange of information to facilitate discussions and assess potential areas of collaboration.
According to the filing, the initiative aligns with Blue Cloud Softech's strategy of exploring opportunities across the digital infrastructure and technology ecosystem.
The company clarified that the discussions are currently at a preliminary stage and do not create any binding obligation on either party.
Blue Cloud Softech stated that the discussions do not constitute a commitment to enter into any transaction, joint venture, investment, partnership or definitive agreement.
Any future transaction, if pursued, would be subject to due diligence, mutual agreement, execution of definitive documents, corporate approvals, and applicable regulatory requirements.
According to the company, the increasing demand for artificial intelligence applications and digital technologies is creating new opportunities across the technology ecosystem.
The ongoing discussions are intended to evaluate the feasibility and potential scope of any future collaboration in these areas.
Blue Cloud Softech added that it remains focused on identifying opportunities that can create long-term value for stakeholders and will provide further disclosures if any material developments occur.
The stock continued its upward momentum after closing at its 20% upper circuit limit in the previous session.
As of 12:36 PM on June 23, 2026, Blue Cloud Softech Solutions share price was trading at ₹25.25, up ₹3.61 or 16.68%. The stock opened at ₹22.70, touched an intraday high of ₹25.96 and a low of ₹22.56.
The stock has gained around 38.5% in the past 3 months, outperforming the Sensex, which rose 5.5% during the same period. The stock also witnessed a volume spurt of 9.79 times on June 23.
Blue Cloud Softech Solutions share price gained nearly 15% on June 23, extending gains for a second consecutive session after the company disclosed preliminary, non-binding discussions with SpaceX International regarding potential opportunities in artificial intelligence technology. The company clarified that the discussions remain exploratory and do not involve any binding commitment at this stage.
Want to read stock market updates in Hindi? Angel One News gives comprehensive share market news in Hindi.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jun 23, 2026, 2:39 PM IST
Rakesh Deshmukh
Rakesh Deshmukh is a financial content specialist with around 3 years of experience writing impactful content across equities, mutual funds, IPOs, and personal finance. At Angel One, he decodes real-time market trends and breaking news, helping investors and traders stay updated. He also helps investors make informed decisions by simplifying market fundamentals and technical analysis. He holds a bachelor’s degree in commerce.
Know MoreWe're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
