Current price is less than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

ICICI Direct recommended reduce rating on Firstsource Solutions with a target price of Rs 93 in its research report dated November 04, 2022.

Reduce Firstsource Solutions; target of Rs 93: ICICI Direct

Firstsource Solutions consolidated net profit declines 4.16% in the September 2022 quarter

Based on the open interest future percentage, there were 113 stocks, in which short-covering was seen include Nifty Financial, L&T Finance Holdings, Hero MotoCorp, MCX India, and Firstsource Solutions.

Trade setup for Thursday: Top 15 things to know before the opening bell

Based on the open interest future percentage, there were 71 stocks including Container Corporation, JK Cement, Ramco Cements, ACC, and Firstsource Solutions in which a long build-up was seen

Trade setup for today: Top 15 things to know before the opening bell

Based on the open interest future percentage, a long unwinding was seen in 37 stocks including Bharat Electronics, Bosch, Firstsource Solutions, Ipca Laboratories, and Sun Pharma

“Firstsource Solutions has been forming a Lower Top Lower Bottom structure and is thus in a downtrend. The 'RSI Smoothened' oscillator is indicating a negative momentum and with IT space showing an extended corrective phase, we expect this stock to continue its downtrend in the near term,” says Ruchit Jain, Lead – Research, 5paisa.com.

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Stock Radar: Initiate sell on Firstsource Solutions for target of Rs 98-100, Ruchit Jain recommends

ICICI Direct recommended hold rating on Firstsource Solutions with a target price of Rs 127 in its research report dated May 09, 2022.

Hold Firstsource Solutions; target of Rs 127: ICICI Direct

Emkay Global Financial is bullish on Firstsource Solutions has recommended buy rating on the stock with a target price of Rs 170 in its research report dated May 06, 2022.

Buy Firstsource Solutions; target of Rs 170: Emkay Global Financial

Adani Power, Adani Transmission, Dabur India, Marico, Exide Industries, TVS Motor Company, Voltas, Computer Age Management Services, CEAT, Firstsource Solutions, Intellect Design Arena, Procter & Gamble Health, PNB Gilts, are among the companies scheduled to release earnings today

Stocks to Watch: SBI, Kotak Mahindra Bank, Dabur, Marico, Adani Power

Based on the open interest future percentage, short build-up was seen in 99 stocks including Nifty50, IndiaMART InterMESH, Voltas, Bank Nifty, and Firstsource Solutions

Trade setup for Thursday: Top 15 things to know before Opening Bell

Firstsource is increasingly focusing on impact sourcing, helping create employment in areas where unemployment is high.

Firstsource Solutions committed to create jobs, expand operations and investment across UK

Firstsource Solutions Limited is a business process management (BPM) company, providing customer-centric solutions across the entire mortgage value chain. The Company's segments include Banking and Financial Services (BFS), Healthcare, Communications, Media and Technology (CMT), and Diversified Industries. It has an established presence in the United States (US), the United Kingdom (UK), India and the Philippines. The Company's services include Contact Center, Backoffice, Platform, Automation and Analytics, and Business Technology Services. The Company, through its subsidiary, Sourcepoint Inc., has a strategic partnership agreement with mortgages business group under which Sourcepoint provides business process management services. The Company's subsidiaries also include Firstsource Solutions UK Limited, Firstsource BPO Ireland Limited, Firstsource Group USA, Inc., One Advantage LLC, Firstsource Solutions USA LLC, Kramer Technologies, LLC and Firstsource Solutions USA LLC.

Firstsource Solutions Ltd

Firstsource Solutions Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Reduce Firstsource Solutions; target of Rs 93: ICICI Direct

Firstsource Solutions consolidated net profit declines 4.16% in the September 2022 quarter

Trade setup for Thursday: Top 15 things to know before the opening bell

Trade setup for today: Top 15 things to know before the opening bell

Trade setup for today: Top 15 things to know before the opening bell

News Video

Stock Radar: Initiate sell on Firstsource Solutions for target of Rs 98-100, Ruchit Jain recommends

Hold Firstsource Solutions; target of Rs 127: ICICI Direct

Firstsource Solutions Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Reduce Firstsource Solutions; target of Rs 93: ICICI Direct

Firstsource Solutions consolidated net profit declines 4.16% in the September 2022 quarter

Trade setup for Thursday: Top 15 things to know before the opening bell

Trade setup for today: Top 15 things to know before the opening bell

Trade setup for today: Top 15 things to know before the opening bell

News Video

Stock Radar: Initiate sell on Firstsource Solutions for target of Rs 98-100, Ruchit Jain recommends

Hold Firstsource Solutions; target of Rs 127: ICICI Direct

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock