New Delhi, Nov. 19 -- Small-cap multibagger IT stock: Blue Cloud Softech Solutions share price rose on Wednesday after the company signed a MoU with Konkan Railway Corporation on November 19.

Blue Cloud Softech Solutions share price opened at Rs.25.34 apiece in early morning session on Wednesday, as compared to closing price of Rs.25.17 on Tuesday. The small-cap IT stock jumped 9% to an intraday high of Rs.27.62, but the gains were short-lived as the share soon retreated and was trading flat.

However, the small-cap stock has given multibagger returns to its long-term investors by surging 341.23% in last five years.

In an exchange filing, the small-cap IT company announced that it has signed an MoU with Konkan Railway Corporation Limite...