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09-Aug2018

BLS International Services rises on acquiring Starfin India

BLS International Services is currently trading at Rs. 183.85, up by 0.25 points or 0.14% from its previous closing of Rs. 183.60 on the BSE.

The scrip opened at Rs. 187.05 and has touched a high and low of Rs. 191.00 and Rs. 183.85 respectively. So far 14775 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 293.00 on 10-Jan-2018 and a 52 week low of Rs. 115.00 on 28-Mar-2018.

Last one week high and low of the scrip stood at Rs. 191.00 and Rs. 173.85 respectively. The current market cap of the company is Rs. 1897.89 crore.

The promoters holding in the company stood at 74.24%, while Institutions and Non-Institutions held 3.85% and 21.91% respectively.

BLS International Services through its wholly owned subsidiary company (WOS) -- BLS E-Services -- has acquired Delhi based Starfin India, a Banking Business Correspondent of India's largest bank - State Bank of India (SBI).

The company has over 1500 active customer service centres and aiming to provide a ready customer base, wide geographical reach, trained and enthusiastic local entrepreneurs (franchisees) and a strong relationship with SBI.

BLS International Services provides outsourcing and technology services for governments and their diplomatic missions worldwide.


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