International Services Ltd up by 8.50%: Market Update By Espresso

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Espresso Shot of the Day - BLS International Services Ltd up by 8.50 percent

June 09, 2022
Espresso Shot of the Day - BLS International Services Ltd up by 8.50 percent

BLS INTERNATIONAL SERVICES LTD 192.15 (+8.50%) BSE – INE153T01027 | 09TH JUNE 2022

https://www.myespresso.com/images/Binge-graph-image_-BLS-International-Services-Ltd2-202206091759365286254.jpg

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 Jun 03, 2022, the company reported Net Sales at Rs.253.84 crores in March 2022, up 75.59% from Rs.144.56 crores in March 2021.
  • On Jun 03, 2022, the company reported a Quarterly Net Profit at Rs.35.35 crores in March 2022, up 50.38% from Rs.23.51 crores in March 2021.
  • On Jun 02, 2022, the company signed a contract with the Royal Thai Consulate-General, Mumbai, for visa services.
  • On May 07, 2022, the company declared a dividend of Rs.0.25/- per equity share
  • On Apr 13, 2022, the company recommended the Bonus Issue of Equity Shares in the proportion of Equity Share of Rs.1/- each for every Equity Share of Rs.1/- each held by the shareholders
 (Sources: BSE, Moneycontrol, Business Standard)


Technical Force*

  • S&P BSE SmallCap month till date gain up by -1.26%
  • Spurt in Volume by more than 5.42 times compare to previous vol. 3 months avg. volume: 157,024
  • Quantity traded: 2, 26,777 | Deliverable quantity: 3, 26,994 (61.93%)
  • Stock price jumped by more than 215% from a one-year low level: 61.03 (Jun 14, 2021)
  • Daily RSI (14) is near Oversold territory today
  • 52-week-high: 207.00 | 52-week-low: 61.03


Key Pivot  (Yearly)

R4

R3

R2

R1

PP /FIB PP

S1

S2

S3

S4

Pivot Point

-

267.03

210.83

152.90

96.70

38.77

-

-

    -

Fibonacci Pivot

210.83

167.23

140.30

122.95

96.70

70.45

53.10

26.17

    -


Today’s Close

192.15

SMA

BSE

10 DAY

184.82

20 DAY

183.97

50 DAY

168.90

200 DAY

125.57


Some Key Ratios (Source: BSE)

Market Cap: 3,937.15 Crores

PE: 225.00

OPM%: 94.13

ROE%: 27.30

Promoters holding%: 74.59

Prev. Close: 177.10

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 Espresso Financial Services 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. Espresso Financial Services Private Ltd. 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.