16 Oct Multibagger Stock : BLS International Generated Impressive Returns in 7 Years
A part of 40 years old BLS Group, BLS International Services Limited (BLS) is a globally trusted tech-enable service provider for governments and citizens. The company has been operating for the last 19 years with a global presence. The company is one of top 2 leading players in the visa, passport, consular and citizen services sector.
BLS International is setting industry standards and providing comprehensive solutions in various sectors including e-governance, verification, biometrics, e-visa and retail services.For its exceptional services, BLS International has received several prestigious awards, including being recognized as one of the “Most Valuable Companies in India” by Business Today magazine and one of “Fortune India’s Next 500 companies.”
BLS International is collaborating with 46+ client governments. The clients of company include Diplomatic Missions, Embassies, and Consulates. The company ensures the highest level of data security through state-of-art technology and robust processes. Its operations have spread across 66 countries, with a global reach spanning over 50,000 centers worldwide, supported by 60,000 employees and associates. To date, BLS International has processed over 232+ million applications, demonstrating its expertise and commitment to excellence in the industry.
The market capitalization of BLS International is Rs. 15,554 crore (as on 15.10.2024). ROCE and ROE 31.0% and 31.1% respectively. The company is virtually debt free. The promoter holding is awesome (71.52%) (as on 15.10.2024).
The share price of BLS International was 48/- in 2017. Suppose someone buys 100 shares of BLS International in Rs.4800/- in 2017. BLS International has had a stormy performance in the past years. BLS International enjoys top rank in VISA and application process services globally.
100 SHARES : Rs. 4800
SPLIT
2017 10 1 (1000 Shares)
BONUS
2022 1:1 (2000 Shares)
2022 1:1 (4000 Shares)
SHARES: 4000 SHARES
The price of one share of BLS International is Rs. 381.50 (on 10.16.2024)
TOTAL VALUE: 4000*381.50 = 15,26,000
1526000/4800 = 317x
OH…..What a multiplication of investment: 314/7= 45x PER YEAR
The investment was 45X grown per year. So if you are not expert in choosing correct shares; you need to learn first or take suggestions of your financial advisor. Invest for 10 years at least. You can hold your FD or insurance for many years then why not shares? You should hold your shares for long term. In long term, business of a company grows well and earns good profit. This helps to boost your earning on investment.
Disclaimer: You may consider buying these stocks; but please advising your financial advisor before thinking to buy. The article is based on our personal views and information from trusted sources. We are not registered with SEBI.
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