BLS International zooms on bagging contract for processing of Ayushman Cards on NHA IT Platform

BLS International Services is currently trading at Rs. 284.50, up by 21.50 points or 8.17% from its previous closing of Rs. 263.00 on the BSE.

The scrip opened at Rs. 269.00 and has touched a high and low of Rs. 284.95 and Rs. 267.85 respectively. So far 476107 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. 149.70 on 29-Mar-2023.

Last one week high and low of the scrip stood at Rs. 284.95 and Rs. 257.60 respectively. The current market cap of the company is Rs. 11584.33 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 been awarded a substantial order from the State Health Agency - Ayushman Bharat-Pradhanmantri Jan Arogya Yojana, Uttar Pradesh. This strategic collaboration involves the processing of Ayushman Cards on the National Health Authority (NHA) IT Platform. BLS International Services has earned this prestigious project as an empanelled service provider for the National Health Authority, solidifying its position as a trusted partner in delivering essential e-governance services. The agreement reached with the National Health Authority is set to remain in effect perpetually, showcasing the enduring commitment and expertise that BLS International brings to the table.

The primary objectives of this collaborative initiative are centered around streamlining the processing of Ayushman Cards in a time-bound manner, expanding outreach to beneficiaries, and contributing to the growth of the Ayushman ecosystem. By strategically deploying trained manpower to verify the details and authenticity of Ayushman, the company aims to facilitate a more inclusive and convenient processing of Ayushman Cards. This effort is designed to ensure the seamless integration of Ayushman services into the lives of beneficiaries, enhancing overall accessibility and convenience. The districts covered under this initiative include Auraiya, Etawah, Kanpur Dehat, Pratapgarh, Kanpur Nagar, Prayagraj, Farrukhabad, Fatehpur, Kannauj, and Kaushambi.

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.