Espresso shot of the day – BLS International Services Ltd up by 9.81 percent

EspressoLogy

Espresso shot of the day – BLS International Services Ltd up by 9.81 percent

August 03, 2021
Espresso shot of the day – BLS International Services Ltd up by 9.81 percent

BLS INTERNATIONAL SERVICES LTD 167.35 (+ 9.81%) BSE – INE153T01027 | 3RD AUGUST 2021

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 domains 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 and the 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 among 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 till date.

Recent Drivers

  • On July 28, 2021, BLS International Ltd. reported net profit of Rs 20.33 crores in June 2021, up 2659.3% from the loss of Rs 0.79 crores in June 2020.
  • On July 28, 2021, BLS International Ltd. reported net sales at Rs 178.53 crores in June 2021, up 242.38% from Rs 52.14 crores in June 2020.
  • On July 28, 2021, BLS announced partnership with Flipkart to provide last-mile delivery services across the country.
  • On July 22, 2021, BLS became the Authorised Ticketing Reseller for Expo2020 Dubai.
  • On July 8, 2021, BLS announced that it has been empanelled with Indian Council for Cultural Relations (ICCR) to provide protocol services to VVIP foreign delegations coming to India and Indian delegations going overseas.
  • On June 23, 2021, BLS announced that they will be offering a digital health certificate, HealthCerts, to passengers wishing to travel to and from Singapore in partnership with a Singapore-based company, Knowledge Catalyst.
  • On June 15, 2021, the Board of Directors of the company at their meeting recommended final dividend of Rs 0.25 per equity share on 10,24,50,000 equity shares of the company, which is subject to the approval of the members in the forthcoming AGM of the company.
(Sources: Moneycontrol, BSEIndia, Business Standard, ETTravelworld, News Today)


Technical Force*

  • S&P BSE SmallCap month till date gain up by 7.29%
  • Traded on new 52-week-high value of 168.9
  • 3 months avg. volume of NSE: 8,39,598
  • Quantity traded: 4,65,044 | Deliverable quantity: 2,19,501 (47.2%)
  • Stock price has jumped more than 130% from one-year-low level: 71.35 (Aug 3, 2020)
  • Daily RSI (14) is in Overbought territory today
  • 52-week-high: 168.90 | 52-week-low: 71.35

Key Pivot  (Yearly)

R4

R3

R2

R1

PP /FIB PP

S1

S2

S3

S4

Pivot Point

-

234.15

181.15

133.25

80.25

78.20

8.85

-

-

Fibonacci Pivot

181.15

142.61

118.79

103.46

80.25

57.04

41.71

50.39

8.85


Today’s Close

289.60

SMA

BSE

10 DAY

143.66

20 DAY

138.10

50 DAY

130.55

200 DAY

143.66


Some Key Ratios (Source: BSE)

Market Cap: 1,714.5 crores

PE: 4749.31

OPM%: 9.61

ROE%: 0.65

Promoters holding%: 74.59

Prev. Close: 152.40

*Chart And Technical Force data taken 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 Comtrade 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.