BSE SmallCap stock surges 17% following a deal with an Israel-based tech firm - Check details

Shares of Blue Cloud Softech Solutions Ltd, a software company, surged around 18 per cent despite benchmark indices trading lower in early trade. The action in the stock comes as the company has informed exchanges that it has entered into a Technology Ownership Transfer (ToT) agreement with an Israeli technology company for manufacturing EdgeAI chips. The total value of this agreement is said to be around USD 150 million.

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