Stock Market News: BLS International revealed in the exchange filing on March 15 a few days ago that it is to be held with SBI Mutual Fund. On this revelation, the market opened today and became the company’s stock rockets and more than three percent jumped. Some investors took advantage of this fast but it is still in a very strong position. Brokerage is also betting on this. Currently, this stock is at a price of Rs 336.50 on BSE by 3.43 per cent. In intra-day it reached Rs 337.25 with a jump of 3.66 per cent. Have to be This meeting will be held in virtual mode. In this, there will be a discussion about the company’s financial and operational performance, whose details have already been given to the exchanges. Talking about the financial health of the concerned news company, its net profit in the December 2024 quarter jumped 46.7% on a annual basis to ₹ 127.9 crore and the operational revenue 17.1% reached ₹ 512.8 crore. The company’s operating profit rose 78.5% to ₹ 158.1 crore and the margin increased from 20.2% to 30.8%. The company has so far invested more than Rs 1 thousand crore in this financial year 2025 for the new acquisition and its funding was mainly from internal sources, but according to data till December 2024, it has a net cash balance of Rs 690 crore. How will the shares be ahead in a year? BLS International shares were on a year of one year on the last year. It jumped about 88 per cent in 7 months from this lower level and reached a record high of Rs 522.30 on 3 January 2025. The shares stopped here and this high is currently close to 36 per cent from this high. Talking further, the brokerage firm Nuwama Institutional Equities have given it a purchase rating and fixed the target price of Rs 637 which is about 89 per cent upset from the current level. The advice or idea expert/brokerage firm has their own personal views. The website or management is not responsible for this. Moneycontrol advises to users that always seek the advice of certified experts before taking any investment decision.
