IT company signs contract for advanced defense cybersecurity, check share price and other details
Shares of IT company Blue Cloud Softech Solutions ended the volatile session in the green after a positive start to the day. The action in the stock follows the company's announcement to exchanges that it has signed a deal with Axiom Vortex, a US-based company. The deal, valued at USD 9.63 million, aims to provide advanced cybersecurity solutions for defence sector clients in Africa and the Middle East, involving the implementation of turnkey EDR (Endpoint Detection & Response) and AI-Agentic Perimeter Security solutions. This contract is scheduled to be completed within 15 months.
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