New Delhi, October 17 (Udaipur Kiran): Shares of BLS International Services surged over 2% on Friday after the company announced that it has secured a three-year contract from the Ministry of External Affairs (MEA), Government of India, to operate Indian Visa Application Centres (IVACs) across China.
At 11:30 AM, the stock was trading at ₹333.45, up by ₹8.30 or 2.55%, from its previous close of ₹325.15 on the BSE. The scrip opened at ₹320.00 and touched an intraday high of ₹342.05 and a low of ₹312.10, with about 24 lakh shares traded so far.
The BSE ‘A’ group stock, with a face value of ₹1, hit its 52-week high of ₹522.30 on January 3, 2025, and a 52-week low of ₹277.00 on October 13, 2025. The company’s market capitalization currently stands at ₹13,729.50 crore.
Promoters hold 70.39% of the company’s equity, while institutional investors own 11.40% and non-institutional investors hold 18.21%.
Under the MEA contract, effective October 14, 2025, BLS International will establish and operate Indian Visa Application Centres in Beijing, Shanghai, and Guangzhou. These centers will feature enhanced infrastructure, advanced technology, and multilingual staff to provide a secure, efficient, and customer-friendly visa processing experience.
BLS International Services is part of the four-decade-old BLS Group, which has a global presence and a diversified business portfolio across visa processing, asset management, education, electronics, polymers, and petrochemicals. The new MEA contract further strengthens its leadership position in the global visa and consular outsourcing industry.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.