Smallcap stock soars 18% on Monday; zooms 53% in 6 days. Do you own?

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Smallcap stock soars 18% on Monday; zooms 53% in 6 days. Do you own? - Business Standard

Quick Summary:

Shares of BLS E-Services, a technology-enabled digital service provider, surged 18% to ₹210.90 on the BSE in Monday's intra-day trade amid heavy volumes.

The management foresees a significant opportunity with the government increasingly outsourcing government-to-citizen (G2C) services to third parties, amidst the growing need for scalability, cost-efficiency and last-mile connectivity.

The stock price of smallcap company is quoting higher for the sixth straight trading day, zooming 53 per cent during the period.