India's Firstsource Solutions rises after collaboration with Microsoft

Firstsource Solutions

17/09/2024 04:55

** Shares of Firstsource Solutions  FISO.NS  rise as much as
3.3%, last up 2% to 313.95 rupees
    ** The business management platform firm announced it will
use Microsoft's  MSFT.O  Azure OpenAI service across its
offerings
    ** Stock on track to snap a four-day losing streak, if trend
holds
    ** FISO and rival CMS Info Systems  CMSN.NS  both rated
"buy" on avg - LSEG data
    ** FISO stock up ~70% YTD vs ~47% climb in CMSN

 (Reporting by Varun Vyas in Bengaluru)
 ((varunvyas.hebbalalu@thomsonreuters.com))