By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
India Times NowIndia Times NowIndia Times Now
Notification Show More
Font ResizerAa
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
    • Technology
    • Entertainment
    • The Escapist
    • Insider
    • Finance ₹
    • India News
    • Science
    • Health
Reading: This IT stock gains despite market volatility, company posted strong revenue in Q4 – Check details | Markets
Share
India Times NowIndia Times Now
Font ResizerAa
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
Search
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
    • Technology
    • Entertainment
    • The Escapist
    • Insider
    • Finance ₹
    • India News
    • Science
    • Health
Have an existing account? Sign In
Follow US

Home » This IT stock gains despite market volatility, company posted strong revenue in Q4 – Check details | Markets

BusinessStartup

This IT stock gains despite market volatility, company posted strong revenue in Q4 – Check details | Markets

Times Desk
Last updated: June 2, 2026 8:43 am
Times Desk
Published: June 2, 2026
Share
SHARE


Mumbai:

Shares of Blue Cloud Softech Solutions, an AI-driven enterprise and cybersecurity solutions specialist, are in green even as benchmark indices remained volatile today. Equity benchmark indices Sensex and Nifty declined in early trade as investors remained concerned over the US–Iran situation. However, they recovered with Sensex rising over 400 points from the day’s low and Nifty reclaimed the 23,350-mark. Amid this, the shares of the started the trading session in green. The counter opened at Rs 18.40, a gain of Rs 0.40 against the previous close of Rs 18 on the BSE. Amid value buying, the stock gained to touch the intraday high of Rs 18.90, representing a gain of Rs 0.90 or 5 per cent. Last seen, the stock held firmly in green at Rs 18.25 with a gain of Rs 0.25 or 1.39 per cent. The market cap of the company stood at Rs 1,374.37 crore.

However, the stock is trading lower than the 5-day, 20-day, 50-day, 100-day and 200-day moving averages.

The stock’s 14-day relative strength index (RSI) is 42.01. For the uninitiated, a level above 70 is considered overbought or overvalued, and below 30 is defined as oversold or undervalued.

Company posts Rs 1,000 crore revenue  

The company recently announced its quarterly results and has announced that it surpassed the Rs 1,000 crore annual revenue milestone for the financial year ended March 31, 2026. According to an exchange filing, the company has posted operational revenues of Rs 1,002 crore for FY26, representing a strong 26 per cent expansion over the Rs 796.86 crore recorded in the previous fiscal year.

The company’s revenue from operations rose to Rs 277.52 crore in the January-March quarter, compared to Rs 265.41 crore in Q3 FY26.

Share price history 

According to BSE Analytics, the stock has yielded a strong return of 309.89 per cent in five years. However, it has corrected 44.07 per cent in three years and 19.26 per cent in one year. On a year-to-date (YTD) basis, it has dipped 13.92 per cent as against the dip of 12.23 per cent in the benchmark index. 

ALSO READ | EPFO 3.0: Will ATM PF withdrawals reduce your pension? Here’s what you need to know

(This article is for informational purposes only and should not be construed as investment, financial, or other advice.)





Source link

LIC-owned NBFC stock to consider fund raising by issuance of non-convertible debenture issuance – Details
How much do Indians spend on overseas travel in a month? Here’s what RBI data says | Business
Ray Dalio says Kevin Warsh shouldn’t cut interest rates in a ‘stagflation’ era
Market Opening Bell: Benchmark indices rebound, Sensex up 352 points amid modest decline in oil prices
Winklevoss-founded crypto exchange Gemini prices IPO
TAGGED:Blue Cloud Softech SolutionsbseCheckcompanydetailsgainsmarketMarketsnsepostedrevenuestockstock in focusstrongvolatility
Share This Article
Facebook Email Print
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

Find US on Social Medias
FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow

Weekly Newsletter

Subscribe to our newsletter to get our newest articles instantly!
[mc4wp_form]
Popular News

ED seizes ₹3 crore in Kolkata municipal recruitment scam

Times Desk
Times Desk
October 30, 2025
Uttar Pradesh youth amputates foot to seek disability quota in admission to medical college
Kalyan Singh told an ‘utter lie’: K.K. Venugopal on Babri Masjid case
Four Colombo-bound flights diverted to Thiruvananthapuram airport due to bad weather
Punjab CM in Japan to boost investment
- Advertisement -
Ad imageAd image
Global Coronavirus Cases

Confirmed

0

Death

0

More Information:Covid-19 Statistics
© INDIA TIMES NOW 2026 . All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?