BLS E-Services is planning for an acquisition in the current financial year as part of its inorganic growth strategy. The company is actively engaged with 2-3 companies. Due diligence is going on. The company has earmarked Rs 28.71 crore for the acquisition. Besides, the company is looking at organic growth by expanding its BLS Stores.
The company -- which has a tie-up with 15 banks, including State Bank of India, Bank of Baroda and HDFC Bank -- has 21,000 banking correspondent centres across the country.
BLS-E Services is a digital service provider that offers Business Correspondence services to major banks in India, Assisted E-Services, and E-Governance Services at the grassroots level in India.
Company Name | CMP |
---|---|
SIS | 404.30 |
TeamLease Services | 2916.65 |
RattanIndia Ent | 72.92 |
Updater Services | 268.70 |
BLS Internatl.Serv | 311.20 |
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