New Delhi, June 22 -- Blue Cloud Softech Solutions share price hit 20% upper circuit of Rs.21.67 apiece on the BSE Monday, after the company said it was evaluating business opportunities in artificial intelligence (AI) field.

The rally in Blue Cloud Softech shares was also supported by robust trading volumes. Around 1 crore equity shares of Blue Cloud Softech Solutions changed hands on BSE as compared to its one week average trading volumes of 8 lakh equity shares and one month average volumes of 9 lakh shares.

Blue Cloud Softech Solutions said it was evaluating preliminary, non-binding business opportunities in the field of artificial intelligence technology with SpaceX International Ltd.

The parties have, at this stage, established o...