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18-Mar2019

Firstsource Solutions trades higher on the BSE

Firstsource Solutions is currently trading at Rs. 44.50, up by 0.25 points or 0.56% from its previous closing of Rs. 44.25 on the BSE.

The scrip opened at Rs. 44.30 and has touched a high and low of Rs. 45.10 and Rs. 44.30 respectively. So far 135336 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 83.85 on 13-Jun-2018 and a 52 week low of Rs. 39.25 on 21-Feb-2019.

Last one week high and low of the scrip stood at Rs. 46.60 and Rs. 43.85 respectively. The current market cap of the company is Rs. 3078.25 crore.

The promoters holding in the company stood at 54.13%, while Institutions and Non-Institutions held 20.28% and 25.59% respectively.

Firstsource Solutions has received an approval to transfer its entire investment/ ownership in Firstsource BPO Ireland, wholly owned subsidiary (WOS) of the company, to Firstsource Solutions UK, wholly owned subsidiary of the company and accordingly, consequent to transfer of investment/ ownership, Firstsource BPO Ireland will be the wholly owned step-down subsidiary of the company.

The Board of Directors of the company vide a circular resolution, approved the same.

Firstsource Solutions is a global provider of customized BPO (Business Process Outsourcing) services to the Banking & Financial Services, Insurance, Telecommunications, Media and Publishing and Healthcare sectors.


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