New Delhi, Feb. 9 -- Small-cap IT stock Blue Cloud Softech skyrocketed 17.67% to Rs.21.30 apiece in Monday's trading session after the company announced a strategic plan to invest up to $1 billion in next-generation AI-powered data centre business.

The small-cap IT stock opened at Rs.19.28 apiece in the early morning session on Monday, as compared to the previous close of Rs.18.10 on Friday last week. The stock soon climbed to the day's peak of Rs.21.30 after the opening.

In a release earlier today, the small-cap IT stock said that the proposed infrastructure plan aims to develop up to 800 MW of data centre capacity in multiple phases, positioning Blue Cloud as one of the country's largest and most technologically-advanced digital infra...