BLS International Services Ltd up by 9.82 percent | Espresso

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Espresso Shot of the Day - BLS International Services Ltd up by 9.82 percent

April 28, 2022
Espresso Shot of the Day - BLS International Services Ltd up by 9.82 percent

BLS INTERNATIONAL SERVICES LTD 369.15  (+9.82%) BSE – INE153T01027 | 28THAPRIL 2022


A trusted global tech-enabled services partner for governments and citizens, BLS International is amongst the top three global players in this domain. The company is a preferred partner for Embassies and Governments across the world, having an impeccable reputation for setting benchmarks in the domain of visa, passport, consular, e-governance, attestation, biometric, e-visa and retail services. It also provides citizen services to state and provincial governments across Asia, Africa, Europe, South America, North America & Middle East. With over 16 years of experience and having established itself as a partner of choice for client governments worldwide, BLS is also recognized as ‘Best under a Billion Company’ by Forbes Asia and is amongst Fortune India’s Next 500 companies. The company has a robust strength of over 15,000 employees and associates who operate from more than 12,000 centers globally and have helped process over 52 million applications to date.


Recent Drivers

  • On Apr 27, 2022, the company fixed the Tuesday of May 17, 2022 as the Record Date for Issuance of bonus share
  • On Apr 08, 2022, CRISIL reaffirmed the company’s long-term rating to A-/Stable and short-term rating to A2+.
  • On Feb 03, 2022, the company reported Net Sales of Rs.227.06 crores in December 2021, up 50.93% from the Rs.150.44 crores in December 2020.
  • On Feb 03, 2022, the company reported a Quarterly Net Profit of Rs.28.22 crores in December 2021, up 102.1% from Rs.13.96 crores in December 2020.
  • On Feb 02, 2022, the company declared an interim dividend of Rs.1/- Per equity share.
(Sources: Moneycontrol, BSE)


Technical Force*

  • S&P BSE SmallCap month till date gain up by 1.99%
  • Traded on new All time high 370.00
  • 3 months avg. NSE volume: 815,774
  • Quantity traded: 1, 19,070 | Deliverable Quantity: 50,450 (42.37%)
  • Stock price jumped by more than 355% from a one-year low level: 81.00 (Apr 30, 2021)
  • Daily RSI (14) is nearby Overbought territory today
  • 52-week-high: 370.00 | 52-week-low: 81.00


Key Pivot  (Yearly)

R4

R3

R2

R1

PP /FIB PP

S1

S2

S3

S4

Pivot Point

-

534.05

421.65

305.80

193.40

77.55

-

-

    -

Fibonacci Pivot

421.65

334.46

280.59

245.90

193.40

140.90

106.21

52.34

    -


Today’s Close

369.15

SMA

BSE

10 DAY

335.57

20 DAY

309.26

50 DAY

258.31

200 DAY

219.63


Some Key Ratios (Source: BSE)

Market Cap: 3,781.94 Crores

PE: 720.78

OPM%: 9.36

ROE%: 9.31

Promoters holding%: 74.59

Prev. Close: 336.15



*Chart and Technical Force data from the Binge desktop app
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Chandresh Khona
by Chandresh Khona

Product Offerings Head

A teacher, writer, travel buff and now Espresso's Product Offerings Head. Ten years here has allowed me to lead the digital team at Sharekhan. My true passion lies in stock market charts.