FIRSTSOURCE SOLUTIONS Share Price Up by 5%; BSE IT Index Up 1.4%
Thu, 15 Jul 02:06 PM

FIRSTSOURCE SOLUTIONS share price has zoomed 5% and is presently trading at Rs 208.

Meanwhile, the BSE IT Index is at 30,507 (up 1.4%).

Among the top Gainers in the BSE IT Index today are FIRSTSOURCE SOLUTIONS (up 5.4%) and L&T INFOTECH (up 7.3%).

ORACLE FINANCIAL (down 0.3%) and TCS (down 0.4%) are among the top losers today.

Over the last one year, FIRSTSOURCE SOLUTIONS has moved up from Rs 43 to Rs 208, registering a gain of Rs 166 (up 385.3%).

On the other hand, the BSE IT has moved up from 15,996 to 30,507, registering a gain of 14,511 points (up 90.5%) during the last 12 months.

The top buzzing stocks among the BSE IT Index stocks during this same period were INTELLECT DESIGN (up 549.0%), TATA ELXSI (up 398.5%) and FIRSTSOURCE SOLUTIONS (up 385.3%).

Watch Now: Get Details of Richa's 3 Dark Horse Stocks

What About the Benchmark Indices?

The BSE Sensex is at 53,253 (up 0.6%).

The top gainers among the BSE Sensex stocks today are HCL TECHNOLOGIES (up 5.7%), L&T (up 4.1%) and TECH MAHINDRA (up 3.4%). Other gainers include HDFC BANK (up 1.8%) and ITC (up 1.4%). The most traded stocks in the BSE Sensex are ITC and HCL TECHNOLOGIES.

In the meantime, NSE Nifty is at 15,951 (up 0.6%). The top gainers in the NSE Nifty include HCL TECHNOLOGIES (up 5.7%), L&T (up 4.1%) and TECH MAHINDRA (up 3.5%). Other gainers include WIPRO (up 2.5%) and HINDALCO (up 2.1%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 36,694 to 53,253, registering a gain of 16,559 points (up 45.07%).

FIRSTSOURCE SOLUTIONS Financial Update...

FIRSTSOURCE SOLUTIONS net profit down at Rs 467 million for the quarter ended March 2021, compared to a loss of Rs 1 billion a year ago. Net Sales rose 7.1% to Rs 14.6 billion during the period as against Rs 13.7 billion in January-March 2020.

For the year ended March 2020, FIRSTSOURCE SOLUTIONS reported 10.1% decrease in net profit to Rs 3.4 billion compared to net profit of Rs 3.8 billion during FY19.

Revenue of the company grew 7.1% to Rs 41 billion during FY20.

The current Price to earnings ratio of FIRSTSOURCE SOLUTIONS, based on rolling 12 month earnings, stands at 39.8x.



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

  

Stock Market Updates

Jul 15, 2021 02:56 PM

WIPRO share price has hit an all time high at Rs 580 (up 2.2%). The BSE IT Index is up by 1.2%. Among the top gainers in the BSE IT Index today are WIPRO (up 2.2%) and COFORGE (up 0.8%). The top losers include HEXAWARE TECHNOLOGIES and TCS (down 0.2%).

Jul 15, 2021 12:30 pm

Share markets in India are presently trading on a strong note. The BSE Sensex is trading up by 333 points, up 0.6%, at 53,238 levels.

Jul 15, 2021 09:30 am

Indian share markets open marginally higher. The BSE Sensex opened up by 103 points, while the Nifty is trading higher by 32 points.

Jul 15, 2021 09:46 AM

L&T share price has hit a 52-week high. It is presently trading at Rs 1,605. BSE 500 Index is up by 0.3% at 21,813. Within the BSE 500, L&T (up 3.8%) and L&T TECHONOLOGY (up 14.9%) are among the top gainers, while top losers are DHFL and HFCL.

Jul 15, 2021 09:44 AM

ZENSAR TECHNOLOGIES share price is trading up by 5% and its current market price is Rs 356. The BSE IT is up by 0.2%. The top gainers in the BSE IT Index are ZENSAR TECHNOLOGIES (up 5.3%) and L&T TECHONOLOGY (up 13.8%). The top losers are TCS (down 0.1%) and MINDTREE (down 0.4%).

Jul 15, 2021 09:36 AM

WIPRO share price has hit an all time high at Rs 570 (up 0.9%). The BSE IT Index is up by 0.6%. Among the top gainers in the BSE IT Index today are WIPRO (up 0.9%) and TATA ELXSI (up 3.7%). The top losers include HEXAWARE TECHNOLOGIES and MINDTREE .

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