FIRSTSOURCE SOLUTIONS Share Price Up by 5%; BSE IT Index Up 0.2%
Tue, 23 Mar 12:12 PM

FIRSTSOURCE SOLUTIONS share price has zoomed 5% and is presently trading at Rs 118.

Meanwhile, the BSE IT Index is at 26,675 (up 0.2%).

Among the top Gainers in the BSE IT Index today is FIRSTSOURCE SOLUTIONS (up 5.2%).

TECH MAHINDRA (down 0.1%) and INFOSYS (down 0.2%) are among the top losers today.

Over the last one year, FIRSTSOURCE SOLUTIONS has moved up from Rs 29 to Rs 118, registering a gain of Rs 88 (up 299.7%).

On the other hand, the BSE IT has moved up from 11,390 to 26,675, registering a gain of 15,285 points (up 132.6%) during the last 12 months.

The top buzzing stocks among the BSE IT Index stocks during this same period were INTELLECT DESIGN (up 1198.3%), TATA ELXSI (up 377.0%) and FIRSTSOURCE SOLUTIONS (up 299.7%).

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What About the Benchmark Indices?

The BSE Sensex is at 50,227 (up 0.2%).

The top gainers among the BSE Sensex stocks today are INDUSIND BANK (up 1.6%), ULTRATECH CEMENT (up 1.5%) and TITAN (up 1.3%). Other gainers include RELIANCE IND. (up 1.2%) and MARUTI SUZUKI (up 1.2%). The most traded stocks in the BSE Sensex are SBI and ICICI BANK.

In the meantime, NSE Nifty is at 14,868 (up 0.2%). The top gainers in the NSE Nifty include ADANI PORTS & SEZ (up 2.8%), SHREE CEMENT (up 2.5%) and ULTRATECH CEMENT (up 1.5%). Other gainers include TATA MOTORS (up 1.5%) and INDUSIND BANK (up 1.4%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 28,288 to 50,227, registering a gain of 21,939 points (up 76.35%).

FIRSTSOURCE SOLUTIONS Financial Update...

FIRSTSOURCE SOLUTIONS net profit stood at Rs 916 million for the quarter ended March 2020, compared to a profit of Rs 895 million a year ago. Net Sales rose 2.6% to Rs 10.8 billion during the period as against Rs 10.5 billion in January-March 2019.

For the year ended March 2018, FIRSTSOURCE SOLUTIONS reported 17.0% increase in net profit to Rs 3.3 billion compared to net profit of Rs 2.8 billion during FY17.

Revenue of the company grew 0.6% to Rs 35 billion during FY18.

The current Price to earnings ratio of FIRSTSOURCE SOLUTIONS, based on rolling 12 month earnings, stands at 23.7x.



What else is happening in the markets today? Dig in...

  

Stock Market Updates

Mar 23, 2021 12:30 pm

Share markets in India are presently trading marginally higher. The BSE Sensex is trading up by 18 points, up 0.04% at 49,789 levels.

Mar 23, 2021 09:30 am

Indian share markets open strong. The BSE Sensex opened up by 281 points, while the Nifty is trading higher by 92 points.

Mar 23, 2021 09:50 AM

PTC INDIA share price is trading up by 6% and its current market price is Rs 85. The BSE POWER is up by 1.5%. The top gainers in the BSE POWER Index are PTC INDIA (up 5.8%) and ADANI TRANSMISSION (up 7.6%). The top losers are GMR INFRA (down 0.2%) and NTPC (down 0.5%).

Mar 23, 2021 09:38 AM

RELIANCE INFRA share price is trading up by 5% and its current market price is Rs 38. The BSE POWER is up by 1.2%. The top gainers in the BSE POWER Index is RELIANCE INFRA (up 5.4%). The top losers are NTPC (down 0.2%) and POWER GRID (down 0.9%).

Mar 23, 2021 09:38 AM

BANK OF MAHARASHTRA share price is trading up by 5% and its current market price is Rs 20. The BSE BANKEX is up by 0.8%. The top gainers in the BSE BANKEX Index is BANK OF MAHARASHTRA (up 5.3%). The top losers are YES BANK (down 0.3%) and KOTAK MAHINDRA BANK (down 0.5%).

Mar 23, 2021 09:34 AM

ADANI GAS share price is trading up by 10% and its current market price is Rs 912. The BSE 500 is up by 0.8%. The top gainers in the BSE 500 Index is ADANI GAS (up 10.4%). The top losers are HINDUSTAN AERO. and OBEROI REALTY .

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