BLS INTERNATIONAL SHARE
![Flying high! Tourism stocks rebound up to 4,721% from Covid lows](https://img.etimg.com/thumb/msid-111505650,width-100,height-75,resizemode-4/markets/stocks/news/not-less-than-a-pilgrimage-tourism-stocks-deliver-up-to-4721-returns-from-covid-lockdown-date.jpg)
Flying high! Tourism stocks rebound up to 4,721% from Covid lows
Shares of BLS International Services and other top tourism stocks have seen remarkable growth post-lockdown, with returns ranging from 1,222% to 4,721%. The newly launched Nifty Tourism index tracks 17 constituents, offering investors a diversified approach to the booming tourism sector.
![Going forward, expect good growth from Aadifidelis Solutions: Shikhar Aggarwal, BLS International](https://img.etimg.com/thumb/msid-111226498,width-100,height-75,resizemode-4/markets/expert-view/going-forward-expect-good-growth-from-aadifidelis-solutions-shikhar-aggarwal-bls-international.jpg)
Going forward, expect good growth from Aadifidelis Solutions: Shikhar Aggarwal, BLS International
Shikhar Aggarwal, Joint MD, BLS International Services talks about inclusion in Nifty tourism index, synergies from buying stake in Aadifidelis Solutions and more. Aggarwal also discusses the major contract renewals which are expected in the next six to nine months. He also says that in one, one-and-a-half years, multiple contracts are expected from European and North American markets
![BLS E-Services to acquire controlling stake in Aadifidelis Solution](https://img.etimg.com/thumb/msid-111085667,width-100,height-75,resizemode-4/industry/services/consultancy-/-audit/bls-e-services-to-acquire-controlling-stake-in-aadifidelis-solution.jpg)
BLS E-Services to acquire controlling stake in Aadifidelis Solution
BLS International's subsidiary BLSE is acquiring 55% stake in Aadifidelis Solutions for about Rs 190 crore, with an upfront investment of Rs 71 crore in an all-cash deal. The acquisition aims to integrate specialized loan processing and distribution services into BLSE's portfolio.
![ETMarkets Management Talk: BLS E-Services doubles post listing in February; Shikhar Aggarwal discusses future plans](https://img.etimg.com/thumb/msid-107828239,width-100,height-75,resizemode-4/markets/expert-view/etmarkets-management-talk-bls-e-services-doubles-post-listing-in-february-shikhar-aggarwal-discusses-future-plans.jpg)
ETMarkets Management Talk: BLS E-Services doubles post listing in February; Shikhar Aggarwal discusses future plans
Shikhar Aggarwal, Chairman of BLS E-Services, discusses the company's financial performance, expansion plans, market share, savings accounts, employment opportunities, and its role in bridging the digital gap. BLS E-Services aims for organic and inorganic growth, targeting consolidation in a space with many small players.
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BLS E-Services offers a wide eGov range, IPO pricing’s high
The total promoter group’s stake will fall to around 69% after the IPO from 92.3%. The company offers a diverse set of services to banks and citizen-centric services. It has shown a sharp improvement in financials over the past three years. However, its valuation seems to be rich. Given these factors, long-term investors with high risk appetite may consider the IPO.
BLS E-Services IPO: GMP indicates robust demand ahead of issue opening on Tuesday
BLS E-Services GMP is around Rs 145, 107% higher than the issue price of Rs 135. The issue is being made public through the book-building process, where 75% of the offer is reserved for qualified institutional buyers, 10% for retail investors and 15% for non-institutional investors.
BLS-E Services IPO: Price bank, IPO size, GMP among 10 key things to know about the public offer
BLS-E Services, a subsidiary of BLS International, is conducting an IPO with a price band of Rs 129-135 per share. The IPO is a fresh equity sale of 2.3 crore shares. The company's income in FY23 increased 151% YoY to Rs 246 crore, with a profit of Rs 20.33 crore. The IPO aims to strengthen technology infrastructure, fund organic growth, achieve inorganic growth, and for general corporate purposes. The IPO is reserved 75% for QIBs, 10% for retail investors, and 15% for non-institutional investors.
IPO Calendar: 6 new issues, 10 listings to drive primary market action next week
Currently, there are 25 draft offer documents, filed by various companies, under process with the market regulator Sebi. Nearly 30 companies have already received a green signal from the regulator, aimed at raising over Rs 30,000 crore. Meanwhile, about 40 other companies have submitted their DRHPs for approval.
BLS E-Services IPO to open on January 30. Check price band, issue size and other details
BLS E-Services IPO comprises a fresh equity issue of 2.3 crore shares. The company plans to raise around Rs 311 crore via the initial share sale. There is no offer-for-sale segment in the public offer.
BLS E-Services, Popular Vehicles get Sebi approval to launch IPOs
BLS E-Services IPO: BLS E-Services, a subsidiary of BLS International, runs a web-enabled services portal to access various services provided by the government and service partners. The company claims to provide end-to-end integrated solutions to various services availed through this portal.
Jyoti CNC Automation, BLS E-Services, Popular Vehicles and Services get Sebi's go-ahead for IPOs
Three companies -- Jyoti CNC Automation Ltd, BLS E-Services Ltd, and Popular Vehicles and Services Ltd -- received capital markets regulator Sebi's go-ahead to raise funds through initial public offerings (IPOs).
Breakout Stocks: How to trade BLS International, Bajaj Auto and Equitas SFB on Wednesday
BLS is currently trading at an all-time high of ₹317. The stock has recently experienced a robust breakout of a rounding bottom pattern, accompanied by significant trading volume, forming a strong bullish candle on the daily chart. This trend signals a positive shift in momentum for the stock
BLS International Services shares tank 8%, takes losing run to 6th day
BLS International is an Indian outsourcing service provider for government and diplomatic missions worldwide. Shares of BLS International Services are under pressure after Indian visa services in Canada were suspended amid a diplomatic dispute between the two countries.
BLS Intl says India halts visa services in Canada for operational reasons
Indian visa services in Canada have been suspended until further notice, according to BLS International Services. The advisory cited operational reasons for the suspension. This comes as relations between India and Canada have been strained following Canadian Prime Minister Justin Trudeau's allegation of Indian government involvement in the killing of a banned militant leader.
BLS International shares fall 3% as India halts visa services for Canadians
Shares of BLS International Services dropped 3% after reports that Indian visa services in Canada have been suspended. The suspension comes amid strained relations between India and Canada following Canadian PM Justin Trudeau's allegation of Indian government involvement in the killing of a banned terrorist. The Indian Ministry of External Affairs has advised Indian citizens in Canada to exercise caution due to growing anti-India activities and hate crimes in the country. BLS International Services' stock has seen significant gains in recent years.
Ahead of Market: 10 things that will determine D-Street action on Tuesday
A reasonably positive candle was formed on the daily chart with a minor upper shadow. Technically, this pattern indicates a narrow range movement in the market at the support of 19,250-19,300 levels
ETMarkets Fund Manager Talk-Why is this portfolio manager betting big on banks, healthcare, IT sectors?
The economic growth in India, which is growing at the fastest rate, provides a tailwind for Indian businesses and is leading to higher earnings and valuations for stocks.
Ahead of Market: 10 things that will decide D-Street action on Tuesday
The Nifty ended 108 points higher at 19,754 on Monday, while the Sensex advanced by 367 points. Outperforming its broader counterparts, the Nifty Midcap 100 reached a new intraday record high
Breakout Stocks: How BLS International, Hindustan Copper and IRFC are looking on charts for Tuesday’s trade
Sectorally, buying was seen in infrastructure, utilities, power, public sector and capital goods while selling was seen in FMCG and healthcare stocks. Stocks that were in focus on Monday include names like BLS International, which rallied more than 14% to hit a fresh 52-week high; Hindustan Copper, which gained over 10%, and IRFC that closed over 9% higher to hit a fresh 52-week high
Promoters cash in on rally, offload company shares
On June 30, promoters of air-conditioning generator manufacturer TD Power Systems sold 37.7 million shares for ₹835 crore. Shares of TD Power rallied 8% in the last three months and 20% in the last one year.
Ahead of Market: 10 things that will decide D-Street action on Friday
The Blue-chip Nifty 50 and Sensex indexes reached record highs, driven by gains in Adani group stocks and financials. Positive global cues, foreign buying, and stable macros also contributed to the rally. The Nifty climbed 1.03% to a record high of 19,011, while the Sensex closed 0.79% higher at 63,915. The markets were closed on Thursday for Bakri Eid. Analysts expect the Nifty to maintain levels around 18,870 and overcome the 19,000 mark for further short covering.
Breakout Stocks: How are Tata Motors, BLS International and JBM Auto looking on charts for Friday?
The Indian market soared to a new all-time high, with the S&P BSE Sensex surpassing 64,000 and the Nifty50 reaching 19,011. Sectors such as capital goods, power, healthcare, auto, and oil & gas witnessed buying activity. Stocks like Tata Motors, BLS International, and JBM Auto gained significantly, hitting fresh 52-week highs. Analysts suggest that while Tata Motors may have experienced a base breakout, better opportunities may be found elsewhere due to the absence of significant earnings growth triggers.
Sensex rises over 200 points, regains 63,000 on broad-based buying
The BSE Sensex was trading 232 points or 0.37% higher at 63,202. Nifty50 was trading at 18,758, up 67 points or 0.36% at around 9.18 am.
Stocks in news: BLS International, Airtel, Sapphire Foods, Aditya Birla Capital
Swaminathan Janakiraman, a nominee director representing State Bank of India (SBI), has resigned as the Director of the company.
BLS International Services crosses $1 billion in market cap
These services include account opening with e-KYC, AEPS mini statements, passbook printing, savings bank deposits, fixed deposits, recurring deposits, remittances, micro pensions, and micro insurance. The company said the 'sustained' recovery of BLS’s visa and consular business and the winning of new tenders were 'major' contributors to the 87 per cent year-over-year growth in the operating revenue in Q2, 2022.
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