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.
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%.