BLS Sewa-
Experiencing their services in at least two states; Rajasthan (e-Mitra) and Punjab (Punjab sewa Kendra); it is evident BLS has acquired an upper hand to extend government services to the public. Riding on technological waves which will further intensify in coming years, the prospectus of BLS sewa looks very bright to me. Looking at the Protean-like business; I feel it can be a portfolio stock.
However, I currently lack exposure to smaller companies in my investment portfolio. Dear forum members (
@newgen consultancy @Crow @abc xyz @Jetha Lal @diwan kapoor @Vimal Garodia and others), I invite your comments on two crucial aspects: (i) the corporate governance scenario, noting that the parent company faced challenges related to its passport offices abroad (although it appears that the dust has settled now; the stock has emerged stronger), and (ii) the valuation of BLS Sewa. Your insights will prove invaluable in making a well-informed final decision.
Thank you for your input.
Disclosure-allotted two SH lots.