Small-cap AI stock under ₹50 hits upper circuit despite weak trends on Dalal Street

Small-cap AI company Blue Cloud Softech Solutions hit the 5 percent upper circuit at around Rs 20.66 on the BSE, defying a sharply weaker broader market where the Sensex fell over 900 points and the Nifty 50 dropped over 260 points. The rally followed the announcement that its US subsidiary BCSSL-USA has signed a five-year Master Services Agreement with SpaceX International to provide AI infrastructure, cloud-native AI platforms, enterprise AI solutions and AI consulting services. The stock, which had lost about 33 percent over the past year, also announced plans to develop a nearly 197-acre data centre campus in Odisha with phased capacity from 5 MW to 100 MW.