Blue Cloud will launch its flagship project, 'BluBio,' in major cities like Amaravati or Visakhapatnam. This high-tech project will be built on an area of approximately 30 acres and will generate over 1,200 direct jobs by 2027. Image for representational purposes

Small-cap IT company Blue Cloud Softech Solutions Limited, with a market cap of Rs 1,077.62 crore, made important disclosures in its latest exchange filing at 10 am today, following which the stock is seeing a rise of over 2%. As of 10:42 am, the company’s stock was trading at Rs 24.70, up 2.11% or Rs 0.51 on the BSE.

The company, in its latest exchange filing today, said it has signed an MoU with the Andhra Pradesh Economic Development Board (APEDB), under which it will invest approximately ₹400 crore in the healthcare sector

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