BLS International shines

Dixon Technologies has bright sparkle today; from its close of Rs.6372.15, the stock opened over 1% higher at Rs.6456.55 and went on further to hit a new 52-week high at Rs.6764, up over 6%. Volumes have more than doubled.

BLS International announced yesterday evening that it has received the contract for outsourcing Consular, Passport, and Visa services by the High Commission of India (HCI) in Canada. This contract encompasses operations at HCI in Ottawa and Consulate Generals of India (CGIs) in Toronto and Vancouver.

Last week, the company bagged an order from Ayushman Bharat-Pradhanmantri Jan Arogya Yojana, Uttar Pradesh for processing of Ayushman Cards on the National Health Authority (NHA) IT platform.

The market is happy with this ‘Canadian’ news of BLS; the stock, opened at Rs.307.40, from its close of Rs.296.35 and soon jumped to a new 52-week high at Rs.317.35 and it continues to trade currently at these high levels.