450% rally in five years! Multibagger IT stock pares intraday loss after this business update

Stock Market Today: Multibagger IT stock Blue Cloud Softech Solutions pared intraday losses on Tuesday after the company announced that it has secured a work order from Pinnacle Hospitals for outpatient management system implementation. 

Blue Cloud Softech Solution share price movement

Blue Cloud Softech Solutions share price opened at ₹30.96 on the BSE on Tuesday, at the same level as its previous close. Blue Cloud Softech Solutions share price slipped to an intra-day low of ₹30.21 but rebounded sharply to an intra-day high of ₹31.79, translating into a 5% rise from the day's low. The stock has gained 2.7% compared to the previous day's close.

Blue Cloud Softech Solutions share price has risen almost 450% in the last five years and given multibagger returns to the investors.

Blue Cloud Softech Solution project update details

As per the Blue Cloud Softech Solutions press release, dated 24 February 2025, the BSE-listed leading global technology company secured a work order from Pinnacle Hospitals India Pvt Ltd for the implementation of its advanced outpatient management system (OMS) at Pinnacle Hospitals, Visakhapatnam.

At ₹20.00 lakh + GST, the project represents a major milestone in the ongoing dedication to using AI-driven solutions to change healthcare.

With capabilities like multilingual voice dictation in Telugu and English, pharmacy & lab connectivity, real-time inventory tracking, and home sample collection, the management system for outpatients will improve patient care and expedite hospital procedures.

The implementation of the project as per the company will be executed in a 10-week phased approach. This essentially covers aspects such as appointment management, electronic medical records (EMR), prescription management, lab and diagnostics booking, and patient record access via a secure cloud-based system.

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