BLS International shares rose 9% on Thursday amid a broader market rally, but the stock remains down 28.56% year to date. According to reports from LiveMint, the stock opened at an intraday low of ₹221.25 and touched a high of ₹240 per share on the BSE. Despite Thursday's sharp rebound, the stock has gained 5.60% over the past week and 4.86% in the past two weeks, but has declined 3.99% over three months, 22.88% over six months, and 28.56% year-to-date. Technical analysts have identified resistance at ₹240–245 and support near ₹210–213.
On the financial front, BLS International reported its highest-ever quarterly revenue of ₹890.5 crore in Q1 FY27, up 25.3% year-on-year. As reported by LiveMint, EBITDA stood at ₹252.4 crore, while profit after tax came in at ₹201.6 crore. The company has also processed 500 million applications worldwide across its visa, consular and citizen services businesses and received Great Place To Work® certification in India.
The company has announced several strategic developments in recent months. According to LiveMint reports, BLS International partnered with Signzy to integrate document intelligence and deepfake detection into its visa and consular processing ecosystem across more than 100 countries. The company also appointed former Estonian President Toomas Hendrik Ilves as Global Strategic Advisor, following the addition of former Australian Prime Minister Scott Morrison to its Global Advisory Board. ICRA assigned the company an AA- rating with a Stable outlook for long-term facilities and an A1+ rating for short-term facilities.
Technical analysts remain cautious about the stock's recovery prospects. As reported by LiveMint, Rajesh Bhosale from My Advisor Alpha advised traders to use the current bounce as an opportunity to exit long positions, identifying ₹242–245 as a resistance zone and ₹210 as a key support level. Virat Jagad from Bonanza noted that while the stock staged a sharp recovery, it continues to trade below major moving averages, indicating weak broader trend. The RSI moving above 50 signals improving momentum, but sustained breakout above ₹244 would strengthen the ongoing recovery.
