New Delhi, Nov. 25 -- Small-cap IT stock Blue Cloud Softech Solutions jumped more than 4% in morning trade on Tuesday, November 25, defying weak market sentiment. Blue Cloud Softech Solutions share price opened at Rs.22.68 against its previous close of Rs.22.68 and rose 4.5 per cent to an intraday high of Rs.23.70. Around 11:15 am, Blue Cloud Softech share price was 2.25% up at Rs.23.19, while equity benchmark Sensex was 0.10% down at 84,816.

In an exchange filing on November 25, Blue Cloud Softech Solutions announced it had formed a joint venture (JV) with Byte Eclipse Technologies Inc. to develop and commercialise an edge-AI chip platform for industrial and automotive applications.

"Blue Cloud Softech Solutions is delighted to announc...