Firstsource Solutions Ltd (FSL)

Firstsource Solutions Appoints Akash Pugalia as President, Global Trust & Safety - 13 May, 2024

Firstsource Solutions has appointed Akash Pugalia as President, Global Trust & Safety to spearhead the growth and expansion of the Trust & Safety practice on a global scale. Based in San Francisco Bay Area, he will be responsible for ensuring compliance with regulatory requirements and mitigating risks associated with fraud and abuse.

Firstsource Solutions Aims to Expand in US and UK Markets - 12 May, 2024

Firstsource Solutions is planning to expand further into the US and UK markets, focusing on sub-segments with higher margins. Additionally, they plan to transition a large part of their power generation and distribution base into greener sources of energy.

Firstsource Solutions Reports Strong Financial Results for March 2024 - 06 May, 2024

Firstsource Solutions reports a YoY increase of 37.63% in net sales, with quarterly net profit up by 56.98%. The company's EPS has also increased from Rs. 0.87 to Rs. 1.36. Firstsource shares have given returns of 33.16% over the last 6 months and 74.57% over the last 12 months.

Firstsource Solutions Reports Mixed Earnings Results - 05 May, 2024

Firstsource Solutions reports mixed earnings results with revenue up 5.8% in FY2024 and Q4 revenue up 7.3%, but profits down 5.52% YoY. The company's EPS missed analyst estimates by 1.3%. Despite this, the consensus recommendation is to buy, and the stock has delivered positive returns over various periods.

Firstsource Acquires QBSS and Reports Q4 Earnings - 03 May, 2024

Firstsource Solutions reported a rise in net profit and revenue for Q4 2024. The company also acquired Quintessence Business Solutions & Services, further strengthening its RCM solutions offerings.

Firstsource Solutions Ltd Overvalued by 25% - 02 May, 2024

Firstsource Solutions Ltd's recent share price gains have brought the company closer to its yearly peak, but it appears to be overvalued by 25% based on discounted cash flow valuation. The stock is currently priced at ₹211 compared to our intrinsic value of ₹168.50. Earnings expected to increase by 65%, indicating a highly optimistic future ahead.

Analysts Recommend Buying Firstsource Solutions Stock - 26 Apr, 2024

Both Rajesh Palviya of Axis Securities and Mitessh Thakkar recommend buying Firstsource Solutions stock, with expected upsides of 235-250 and ₹233 respectively.

Firstsource Solutions Stock Increases by 6.7% in a Month - 19 Apr, 2024

Firstsource Solutions stock has increased significantly by 6.7% over the past month. The company's earnings growth is decent, but could be higher if it improves on its low return on equity rate. Industry analysts forecast an acceleration of the company's earnings.