01-01-1970 12:00 AM | Source: Accord Fintech
BLS International jumps on signing agreement with Government of Karnataka
News By Tags | #4604 #2012 #572 #870

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

BLS International Services is currently trading at Rs. 213.30, up by 2.15 points or 1.02% from its previous closing of Rs. 211.15 on the BSE.

The scrip opened at Rs. 213.55 and has touched a high and low of Rs. 216.20 and Rs. 210.95 respectively. So far 30023 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 229.05 on 17-Jun-2022 and a 52 week low of Rs. 64.10 on 20-Jul-2021.

Last one week high and low of the scrip stood at Rs. 220.00 and Rs. 200.30 respectively. The current market cap of the company is Rs. 4363.35 crore.

The promoters holding in the company stood at 74.59%, while Institutions and Non-Institutions held 1.36% and 24.05% respectively.

BLS International Services has been selected by Directorate of Electronic Delivery of Citizen Services (EDCS); DPAR (Department of Administrative Reforms) (e-Governance), Government of Karnataka as Operations partner exclusively for 2 Divisions, Mysore and Kalburgi consisting of 15 districts.

In this project, BLS will partner with Government of Karnataka to offer currently available 798 government services of around 78 government & departments through Seva Sindhu Portal by establishing Grama One Centres at Gram Panchayat Level. Grama One is envisaged to be single point assistance center for all citizen centric activities at village level which include Government to Citizen (G2C) services, Business to Customer (B2C) services.

BLS will also provide multiple B2C services to the citizens through the centres. This is as per the initiative taken by government for last mile delivery of Government to Citizen (G2C) & Business to Citizen (B2C) services encouraging employment in rural part of the state. BLS will establish and manage 4074 Centres (Extendable later) in Mysore & Kalburgi Divisions (15 Districts). The project has been awarded for 5 years extendable further up to 4 years.