Firstsource Solutions shares hit record high, jumps 13%

Firstsource Solutions (FSL) shares gained 13% on the BSE in Thursday’s intraday session on hefty volumes, reaching a record high of Rs 309.50. The shares of the RP-Sanjiv Goenka Group have risen 25% in the last week after the firm posted strong results for the June quarter (Q1FY25).

The stock increased by thirty per cent in July and from its June low of Rs 176.70, it has increased by seventy-five percent.

FSL is a specialist worldwide business process services partner that offers transformative solutions and services across the customer lifecycle in healthcare, banking and financial services, communications, media and technology and other industries.

Firstsource relAI (pronounced re-ly), a suite of AI-led platforms, solutions and offerings to accelerate digital transformation, was launched by FSL on Tuesday, July 30. The suite of offerings intends to help businesses of all sizes effortlessly incorporate digital technology and AI into their operations, resulting in increased efficiency, innovation and competitive advantage.

Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial advice. The data and figures presented are based on publicly available information and may be subject to change. Before making any investment decisions, it is recommended to conduct thorough research, consult with financial advisors, and consider your individual investment goals and risk tolerance. The author and publisher of this article do not assume any responsibility for any investment decisions made based on the information provided.