16-10-2023 03:43 PM | Source: Accord Fintech
BLS International Services zooms on signing global visa outsourcing contract for Slovakia

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BLS International Services is currently trading at Rs. 264.35, up by 14.65 points or 5.87% from its previous closing of Rs. 249.70 on the BSE.

The scrip opened at Rs. 250.05 and has touched a high and low of Rs. 270.55 and Rs. 250.05 respectively. So far 295164 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 302.00 on 08-Sep-2023 and a 52 week low of Rs. 137.00 on 14-Oct-2022.

Last one week high and low of the scrip stood at Rs. 270.55 and Rs. 236.05 respectively. The current market cap of the company is Rs. 10933.78 crore.

The promoters holding in the company stood at 71.52%, while Institutions and Non-Institutions held 7.73% and 20.75% respectively.

BLS International Services has signed an exclusive global visa outsourcing contract for Slovakia in 18 countries with more than 54 offices. According to industry data, 2.64 million tourists visited Slovakia in 2021, and this number is expected to increase in line with travel trends.

BLS International's extensive experience in providing exceptional visa services has earned them the privilege of working with the Schengen member countries. With this new contract, BLS International will be entrusted with the responsibility of not only offering Tourist visa services and Business visa services but also national visa services, all with the aim of facilitating seamless travel and immigration procedures.

Notably, this achievement marks a significant addition to BLS International's portfolio of Schengen countries. The company already collaborates with Schengen member states such as Hungary, Portugal, Poland, Spain, Germany and Italy, offering a wide range of visa and consular services. Slovakia's inclusion in this elite group further solidifies BLS International's position as a trusted partner for governments and visa applicants alike.

BLS International Services is a part of the four decades old BLS Group with a global presence and diversified range of services in polymers and petrochemicals, education, electronics, asset management, visa processing and management consulting.