BLS International Services Sees Stock Price Dip, But Remains a Reliable Performer

BLS International Services, a midcap company in the miscellaneous industry, has recently seen a dip in its stock price. On February 12, 2024, the company's stock fell by -5.37%, closing at Rs. 365.75. However, despite this recent decline, MarketsMOJO has given a 'Buy' call for the stock.

According to MarketsMOJO, BLS International Services has been a reliable performer since November 9, 2022, and has been part of the Reliable Performers list on the platform. This indicates that the company has consistently shown positive performance in the market.

In terms of price performance, BLS International Services underperformed the sector by -1.95% on February 12. The stock has also been on a consecutive fall for the last 2 days, with a decline of -7.88% during this period. The stock touched an intraday low of Rs. 363.35, which is a decrease of -5.6%.

However, the stock's moving averages are still positive, with the 50-day, 100-day, and 200-day moving averages higher than the current stock price. The stock is only lower than the 5-day and 20-day moving averages, indicating a short-term decline.

In terms of sector performance, the miscellaneous industry has also seen a decline of -3.42%. But despite this, BLS International Services has outperformed the Sensex, with a 1-day performance of -5.72% compared to the Sensex's -0.82%. The company's 1-month performance is also better than the Sensex, with a decline of -2.94% compared to the Sensex's -2.15%.

Overall, while BLS International Services has seen a recent decline in its stock price, it has been a reliable performer and has received a 'Buy' call from MarketsMOJO. Investors should keep an eye on the stock's moving averages and sector performance to make informed decisions.