Shares of BLS International Services Ltd. rose nearly 5% to Rs 266 apiece after the company won the contract with Embassy of Italy in Russia for processing visa for a period of five years. Under the contract, the company is estimated to process 1.4 lakh applications annually in 20 centres across Russia, BLS International said in an exchange filing.
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Coal India Advances The Most In 20 Weeks
Shares of Coal India Ltd. rose 7.91% in intraday trade, the most in 20 weeks, to Rs 188.35 apiece, higher than any close since January 30, 2020.
- Trading volume was five times the 20-day average for this time of the day.
- The relative strength index on the stock was above 70, indicating it may be overbought.
- Coal India trades at 8.2 times its estimated earnings per share for the coming year.
- Of the 28 analysts tracking the company, 21 maintained ‘buy’, four maintained ‘hold’ and three maintained ‘sell’ recommendations. The overall consensus price of analysts tracked by Bloomberg implied a downside of 5.1%.
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