Firstsource Solutions Stock Reaches 52-Week High, Outperforms Sector and Sensex

Nov 06 2024 02:05 PM IST
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Firstsource Solutions, a top BPO/ITeS company, saw its stock price reach a 52-week high on November 6, 2024. The stock has been performing well, outperforming the sector by 1.24% and gaining for 3 consecutive days with a 13.69% increase. It is also trading higher than its moving averages, indicating a strong upward trend.

Firstsource Solutions, a leading BPO/ITeS company, has reached a new milestone as its stock price touched a 52-week high on November 6, 2024. This positive development has been noted by MarketsMOJO, who have given a 'Buy' call for the stock.

The stock has been performing exceptionally well, outperforming the sector by 1.24% and gaining for the last 3 consecutive days with a 13.69% increase in returns. Today, the stock reached an intraday high of Rs 385.4, a 4.73% increase, and an intraday low of Rs 359.35, a slight decrease of 2.35%.

Firstsource Solutions is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. The BPO/ITeS sector as a whole has also seen a gain of 3.93%.

In the past year, Firstsource Solutions has shown an impressive performance with a 143.31% increase, while the Sensex has only seen a 23.73% increase. This showcases the company's strong growth and potential in the market.

With its consistent growth and positive outlook, Firstsource Solutions is a promising investment option for investors. As a leading player in the BPO/ITeS industry, the company continues to make strides and achieve new heights.
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