India's Firstsource Solutions continues record-high rally on Q1 profit rise
** Shares of Firstsource Solutions FISO.NS rise around 4%
to a record high of 278.94 rupees
** Business management services provider said its Q1 profit
rose about 7% y/y, rev up 17%
** FISO posts first profit rise in four quarters
** Stock set to gain for third straight session, it has
risen about 11% in the period
** FISO's trading vols at 2x their 30-day avg
** Stock up nearly 50% YTD after gaining 80% in 2023
(Reporitng by Nishit Navin)
((nishit.navin@thomsonreuters.com;))
Recent news on Firstsource Solutions
See all newsRBC downgrades building product companies, flags 2027 headwinds
Brief: Firstsource Solutions Announces Strategic Partnership With Cresta
Brief: Firstsource Solutions June-Quarter Consol Net Profit 1.66 Billion Rupees
India's Firstsource falls as brokers cut earnings estimate on growth concerns
Brief: Firstsource Solutions March-Quarter Consol Net Profit 2.05 Billion Rupees