Today's multibagger: Nomura Singapore buys 12.5 lakh shares of this company that inked a deal with Karnataka Government

It is well known for setting standards in the areas of attestation, biometric, e-governance, and retail services. It is a dependable global services partner for citizens and governments all over the world.

In an open market transaction on Monday, Nomura Singapore, a global financial services company, paid Rs 27 crore for 12.5 lakh shares of BLS International Services Limited. Nomura Singapore Ltd purchased these shares at an average price of Rs 214 per share, totalling Rs 26.75 crore, according to bulk deal data made available by National Stock Exchange (NSE). 

In addition to that, BLS International Services has announced the signing of an agreement with Government of Karnataka's Directorate of Electronic Delivery of Citizen Services; Department of Administrative Reforms. The Government of Karnataka's Directorate of Electronic Delivery of Citizen Services (EDCS) has chosen the company as its sole operations partner for two divisions, Mysore and Kalburgi, consisting of 15 districts.  

By establishing ‘Grama One’ centres at the Gram Panchayat level, the company will offer the currently available 798 government services of roughly 78 governments and departments through ‘Seva Sindhu Portal’. ‘Grama One’ is designed to be a single point of contact for all citizen-centric village-level activities, including business-to-customer (B2C) and government-to-citizen (G2C) services. The project has a five-year contract that can be extended by additional four years.  

BLS International is well known for setting standards in the areas of attestation, biometric, e-governance, e-visa, and retail services. It is a dependable global services partner for citizens and governments all over the world.  

In just one year, the value of BLS International's shares soared 217 per cent. The stock has jumped almost 124 per cent year-to-date and in the last six months, it has given 100 per cent of returns back to its shareholders.  

Keep a close eye on this scrip for the upcoming sessions.