BSE, NSE and MSE listed (BSE: 540073; NSE and MSE: BLS), BLS International, a trusted global tech-enabled services partner for governments and citizens, has recently launched immigration consultancy for individuals and families who want to migrate to Canada. The company plans to leverage its domestic network in states such as Punjab, Kerala, Karnataka, Delhi, Uttar Pradesh, and Maharashtra, and other countries such as UAE, Malaysia and Singapore.
BLS International will initiate immigration consultancy for candidates through various programs such as express entry program, Quebec selected workers program, provincial nominee program, temporary foreign worker program, provincial nominee program and Canadian investor immigration program. Additionally, the company will also process assessment reports to check the eligibility of the interested candidates and recommend accordingly. BLS targets to process over ~800 to ~1000 applications by next year.
Commenting on this, Mr. Shikhar Aggarwal, Joint Managing Director, BLS International, said, "We have worked relentlessly for over 16 years to establish the existing network, and now we are leveraging the same to bring efficiencies to our revenues and margins. Our network across 66 countries will enable us to deliver best-in-class immigration services to candidates aspiring to settle in Canada. As we have set benchmarks in the visa, passport and citizen services domain; I am hopeful that this vertical will register break-even this year and grow immensely in the next five years."
Canada has in the past few years been one of the top immigration destinations for skilled workers and immigration aspirants from all over the world. The world-class education, universal healthcare, high wages for professional workers and benefits have been for a major attraction for thousands.
Shares of BLS International Services Ltd was last trading in BSE at Rs. 169.35 as compared to the previous close of Rs. 143.95. The total number of shares traded during the day was 394251 in over 5653 trades.
The stock hit an intraday high of Rs. 171.6 and intraday low of 143.95. The net turnover during the day was Rs. 62699091.