IT Stock Under Rs 35 Hits Upper Circuit On Launching AI-Driven Healthcare Platform; Targets Global Underserved

Shares of Blue Cloud Softech Solutions Ltd (BCSSL) reached the 2 percent upper circuit on Thursday and increased to Rs 34.09 from the previous close of Rs 33.43 on the BSE. The stock, which has remained a multibagger with a 128 per cent increase from its 52-week low of Rs 14.95, continues to capture attention with the recent strategic shifts made by the company in the global digital health landscape.

The technology firm based in Hyderabad has announced the launch of an advanced AI-powered healthcare solution for large-scale healthcare systems, BluHealth Platform v2.0. This move significantly accelerates the company's expansion into the global digital health market as they now go beyond conceptual offerings towards providing an enterprise-grade platform.

As designed, BluHealth Platform v2.0 will enable countries to achieve universal health coverage while ensuring interoperability with global standards such as HIPAA and GDPR, as well as compliance with these regulations. Marketed as a game-changing offering for population health management, the platform provides diagnostics that are accessible, cost-effective, and scalable and have the potential to greatly enhance healthcare delivery in regions that are traditionally underserved.

The platform's key features include AI-powered clinical decision support, rapid interpretation of results, intelligent routing of patients, and cutting-edge non-invasive tests.

The platform's AI ecosystem supports screening and diagnostic activities, improving accuracy and using less of the clinician's time. Its unique capabilities in remote monitoring of vital signs using multiple sensors, even under offline conditions, make it usable in extreme and resource-constrained settings. Moreover, BluHealth's comprehensive dashboard tools allow for large-scale data visualization and high-volume screening within existing healthcare infrastructures.

BCSSL expects high global interest in BluHealth v2.0, especially from Middle Eastern and African markets, which are underserved and therefore have considerable room for growth. The company estimates a potential business pipeline of up to USD 6 million, in sync with the rapidly growing global market of digital health-projected to reach USD 946.04 billion by 2030.

The company recently completed a stock split in a ratio of 2:1, turning face values of Rs 2 into Re. 1, which increased accessibility for retail investors. This, alongside its already impressive market cap of Rs 1,487.3 crores, indicates the sturdy growth BCSSL has been making in the technology and healthcare space.

The company was founded in Telangana but later shifted its headquarters to Hyderabad. Blue Cloud Softech Solutions Ltd specializes in AI-driven healthcare products and technology services and also offers AIoT-based solutions. BCSSL remains determined to indigenously innovate solutions and is committed to empowering communities through transformative solutions within the healthcare sector.