Back-to-back upper circuit: IT stock in action ahead of board meeting - Check details

Shares of IT company Blue Cloud Softech Solutions Ltd are in action and have hit the upper circuit for the fifth straight day today. The action in stock is being seen ahead of the scheduled board meeting on May 23, 2025. According to the information shared, the company will finalise an acquisition move outside India either through “cash or swap of equity shares” or a combination of both during the meeting. Along with this, the company will also consider and approve a fundraiser involving the issuance of foreign currency convertible bonds (FCCBs). 

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