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

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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
The scope and usability of this information/data is time-sensitive and market-based, and as such the same may become outdated for the investment decisions of clients, for which Sharekhan Comtrade bears no responsibility. References to securities do not constitute a recommendation to buy, sell or hold such securities. The user assumes the entire risk of any use made of this information. Each recipient of this document should make such investigations as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this document and should consult his own advisors to determine the merits and risks of such an investment. Sharekhan Comrade Private Limited is under no obligation to update the information in this document from time-to-time.



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.