Firstsource Solutions

JM Financial Institutional Securities is upbeat on the company's strong turnaround under CEO Ritesh Idnani (appointed August 2023).

Firstsource Solutions, a provider of business process management services, on Monday named Kumaran Shanmuhan as the Chief Strategy Officer, with immediate effect. The appointment is a step in advancing Firstsource's 'UnBPO vision', which the company described as transformative reimagining of outsourcing driven by expertise, technology, and outcome-oriented solutions. Announcing the appointment of Shanmuhan as the Chief Strategy Officer, a release by Firstsource, an RP-Sanjiv Goenka Group company, said he will spearhead the strategic consolidation of hyper-personalised solutions, AI-driven operations, domain expertise, and a partnership-first mindset, in line with a market strategy that amplifies momentum, accelerates growth, and maximises value. "As the industry undergoes a fundamental shift from labour arbitrage to technology-driven, outcome-focused solutions, having a clear and bold strategy is critical to staying ahead of disruption," Ritesh Idnani, Managing Director and CEO, ...

The acquisition is subject to UK Financial Conduct Authority approval, Firstsource said in an exchange filing

Technically, the Golden Cross formation is considered as a positive development for the stock. Here's a detailed list of 12 Nifty 500 stocks with Golden Cross formation on May 30, 2025.

/ -- Firstsource Solutions Limited (NSE:FSL) (BSE:532809), a leading global provider of transformational solutions and services and an RP-Sanjiv Goenka Group company, has partnered with Sanas, provider of the world's first real-time speech understanding platform, to enable next-level customer conversations powered by AI. Aligned with Firstsource's UnBPO philosophy, the integration of Sanas' Real-Time Accent Translation technology marks a strategic leap in AI-first customer experience. This seamless, speech-to-speech solution eliminates accent and language barriersenhancing clarity, reducing cognitive strain, and empowering agents to connect with global customers more confidently and effectively. As AI moves from pilot to performance, early adopters are already seeing the impact128% more likely to report high ROI from their AI tools in CX. By embedding intelligent, unobtrusive tech into day-to-day operations, Firstsource is unlocking scalable, measurable valueboosting agent ...

Firstsource Solutions has rallied 15% to Rs 361.65, with a combined 17.24 million equity shares representing 2.5% of total equity of the company changing hands on the NSE and BSE till 01:32 PM.

The surge in Firstsource Solutions share price came after the company announced that Firstsource Solutions UK Limited, a wholly-owned subsidiary of the company, has acquired Ascensos for 42 mn pounds

He gives insights into the plans to increase margins for Firstsource in the next 30 months through organic and inorganic growth

The uptick in Firstsource Solutions share price came after the company announced that it has inked a pact with Microsoft to deliver cutting-edge digital transformation services to clients worldwide.

FSL revised its revenue growth guidance to 11.5-13.5 per cent for FY25 in CC terms (vs 10-13 per cent earlier)

Pharma index has rebounded from the key support zone and LUPIN is offering fresh buying opportunity with favorable risk to reward

Despite the recent downturn, the broader trend for the Nifty SmallCap index is likely to remain positive as long as the index holds above the 12,050-level.

Midcap IT as a sector has been outperforming and the same is expected to continue

In the past two weeks, the stock price of FSL has declined 19 per cent after the company lowered its FY22 revenue growth guidance.

The acquisition enhances Firstsource's leadership in consumer debt management services

The company on Wednesday posted a rise in consolidated net profit

If there is no escalation in geopolitical concerns and Covid-19 cases, the Indian markets are likely to continue their northward trajectory

The stock rallied 15% to Rs 74.20, extending its Tuesday's 3% gain on the BSE.

Move to help the firm in reducing its servicing costs

Kolkata based RP-Sanjiv Goenka Group's business process outsourcing (BPO) wing, Firstsource Solutions Ltd (FSL) is likely to post muted growth in the ongoing fiscal quarter as the global currency volatility is dragging down its bottomline and the businesses in USA and UK is undergoing a phase of flux on account of changes in US policies and Brexit.The company's exposure to the US Dollar and the British Pound is to the tune of 93.4 per cent of its revenue. While the US Dollar is used as the currency to conduct 55.4 per cent of its business, the British Pound makes up for the remaining 38 per cent."The growth in the first quarter (of the current fiscal year) is likely to be muted but the benefits of the contract with Sky will start coming in from the second quarter which will boost growth further", Sanjiv Goenka, chairman of the RP-SG Group said.During the quarter ended March 31, 2017, the company posted a 15.7 per cent decline in its net profit at Rs. 65.3 crore as against the net ...