The stock witnessed a breakout from a 12-month rectangle pattern in May 2023 on the weekly charts and since then it has been trading above the upper trendline resistance placed around Rs 120 levels.

Chart Check: After 15% rally in a month, Firstsource Solutions hits a fresh 52-week high in August 2023; time to buy?

Midcap IT as a sector has been outperforming and the same is expected to continue

HDFC Sec sees up to 16% upside in Firstsource Solutions, Marico; check why

Several stocks in BSE500 have delivered double-digit weekly returns, with Brightcom group leading the charts with a 27% gain, followed by Intellect Design Arena, Sanofi India, and Firstsource Solutions. Despite the Indian equity market’s volatility, benchmark indices ended positively. Jai Balaji Ind…

14 BSE500 stocks offer double digit returns in the week gone by. What should investors do?

Varun Beverages shares rose over 3 percent to end at record closing high of Rs 1,505.5 and formed bullish candlestick pattern on the daily timeframe, though trading volume remained below average. The stock has seen a break out of Mother candle of May 2.

Trade Spotlight | Your strategy for Firstsource Solutions, Nazara Tech, Varun Beverages today

Mortgage to settle down hereon; other verticals picking pace.

Firstsource Solutions Q4 Review — Modest Growth Guidance, That Too Back-Ended, OPM Improving: Dolat Capital

Based on the OI percentage, 98 stocks, including Firstsource Solutions, Max Financial Services, Crompton Greaves Consumer Electricals, Oracle Financial, and Astral, witnessed a long unwinding.

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

The shares will be allotted under the Firstsource Solutions Limited Employees Stock Option Plan 2019.

Firstsource Solutions allots over 1 lakh shares to employees as stock options

"Firstsource Solutions (FSL) is looking positive technically as the prices have started forming a ‘Higher Top Higher Bottom’ formation and has recently given a breakout from its consolidation," Ruchit Jain, Lead Research, 5paisa.com, said.

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Stock Radar: Buy Firstsource Solutions for a target of Rs 121-127, says Ruchit Jain

Here is what the charts say about the shares of Cyient, Firstsource Solutions and Trent

Movers & Shakers: Stocks that will see action this week

Emkay Global Financial is bullish on Firstsource Solutions has recommended buy rating on the stock with a target price of Rs 130 in its research report dated February 03, 2023.

Buy Firstsource Solutions; target of Rs 130: Emkay Global Financial

ICICI Direct recommended reduce rating on Firstsource Solutions with a target price of Rs 105 in its research report dated February 04, 2023.

Reduce Firstsource Solutions; target of Rs 105: ICICI Direct

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

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

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Firstsource Solutions Limited is a provider of a range of business process management services. The Company provides its services to a range of sectors, including healthcare, telecommunications and media, banking and insurance.