Indian stock up 30% in 2 days as traders confuse ₹1,430-cr deal with Musk's firm

Shares of Hyderabad-based Blue Cloud Softech Solutions has surged nearly 31% in two trading sessions after investors mistakenly linked its US arm's $150-million (₹1,430-crore) deal with SpaceX International to Elon Musk’s SpaceX. SpaceX International is a Malaysia-registered firm, distinct from Musk’s aerospace company. On Monday, the stock surged 16% following the announcement of the deal.