Firstsource Solutions Faces Challenges Amid Broader Market Volatility and Declining Performance

Firstsource Solutions, a prominent player in the BPO/ITeS sector, has experienced a notable decline of 3.7% on March 12, 2025. This drop comes as the stock has underperformed its sector by 2.35%, marking a challenging period for the company. Over the past five days, Firstsource Solutions has seen a cumulative loss of 11.1%, reflecting a broader trend of consecutive declines.
The stock reached an intraday low of Rs 320, down 3.8% for the day. In terms of moving averages, the stock is currently positioned higher than its 200-day moving average but lower than its 5-day, 20-day, 50-day, and 100-day moving averages, indicating mixed short-term performance.

In the broader market context, the Sensex has also faced volatility, reversing sharply after a positive opening and currently trading at 73,882.26, down 0.3%. The index is nearing its 52-week low, trading below its 50-day moving average, which is itself below the 200-day moving average. This environment adds to the challenges faced by Firstsource Solutions as it navigates a turbulent market landscape.