Blue Cloud Softech shares touched a day high of Rs 18.73, up 2%, after SpaceX accepted its October work and a $10 million invoice was raised.

Blue Cloud Softech Solutions Ltd told exchanges on 2 November that SpaceX International Ltd has issued a formal certificate confirming it received and accepted the services delivered in October 2026.

The company filed it as a press release under Regulation 30.

Put simply, SpaceX reviewed the work and signed off, so the company could bill $10 million for the month.

The invoice covers one month. The billing sits under Statement of Work No. 1, the contract Blue Cloud holds with SpaceX International.

It fixes what Blue Cloud will deliver and what it gets paid, carries a minimum value of $150 million and runs for 18 months.

The work spans AI computing, cybersecurity, telecom and data centre services.

Blue Cloud USA, the company’s American arm, and Indonesian unit PT Suhana TT are handling delivery.

Earlier, on 14 October, the firm said it had finished the first phase, which was designing the systems, and delivered work worth Rs 25 crore in the quarter ended 30 September.

From October, it has moved to billing monthly for the services it delivers. The deal was disclosed on 10 August.

For the June quarter, BSE data show the company posted revenue of Rs 144.49 crore and net profit of Rs 11.51 crore.

In the March quarter, net profit was Rs 5.41 crore. Full-year revenue for FY26 stood at Rs 637.02 crore.

At 10:35 am, it’s trading at Rs 18.58 on BSE, up by 0.65% from the previous close of Rs 18.46.

The BSE Sensex was up 1.37% at 75,480.15. Market capitalisation is around Rs 1,715 crore, while its 52-week range is Rs 16.51 to Rs 38.

Feeling overwhelmed by the markets? Let Tradz by EquityPandit be your guide. Our user-friendly app simplifies complex data and provides actionable trading signals. Download the app today and trade with confidence!