Firstsource Solutions Experiences Notable Revision in Its Stock Evaluation Amid Strong Market Performance

Firstsource Solutions, a prominent player in the BPO/ITeS sector, has recently experienced a noteworthy adjustment in its evaluation, reflecting its robust market performance. The stock has reached a new 52-week high, hitting Rs. 404, a significant milestone that underscores its upward trajectory.
In today's trading session, Firstsource Solutions outperformed its sector by 0.9%, continuing a strong trend with three consecutive days of gains, resulting in an impressive return of 6.87% over this period. The stock also achieved an intraday high of Rs. 404, marking a 2.67% increase for the day.

Moreover, Firstsource Solutions is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a solid bullish trend. Over the past year, the company has delivered remarkable performance, with a return of 115.86%, significantly outpacing the Sensex, which recorded a gain of 11.20%.

In light of these developments, Firstsource Solutions has been added to MarketsMOJO's list, reflecting its strong market position and performance indicators.