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Blue Cloud Surges on $15.5 Million IBM Contract

Guavy AI Editorial Team
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IBM
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Blue Cloud Softech Solutions, a company trading on the BSE under the 'B' group, has seen its stock surge by 14.31% after one of its arms received an order worth Rs 147 crore from IBM Cloud Inc.

The contract, issued under a Master Services Agreement dated August 21, 2026, involves AI infrastructure design, deployment, and support services for a fixed fee of $15.5 million (around Rs 147 crore).

The work has already commenced on September 24, 2026, with five milestones running from project kick-off to production go-live.

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