Firstsource

Gainers & Losers: Stocks that moved the most on September 24

Indian equity indices ended on a flat note in the volatile session on September 24 after Nifty crossing 26,000 for the first time. Here are some of the stocks that moved the most in trade today.

Firstsource Solutions stocks gains 3% on acquiring UK firm Ascensos for £42 million

Firstsource Solutions's margin profile is expected to gradually improve with anticipated revenue and operational synergies, said Emkay Global.

RPSG-owned Firstsource acquires UK customer experience management firm Ascensos for £42 mn

Ascensos will operate as a separate business unit within Firstsource, keeping its existing brand and maintaining its Scottish headquarters

Q4FY23 preview: Indian IT services to see muted revenue growth due to global banking turmoil

Analysts expect IT services companies with high exposure to BFSI to be closely watched for the impact of the banking crisis on their revenues, going forward. While weak macro could impact growth, margins could improve on easing supply pressure, cooling off attrition, and improvements in utilisation.

Firstsource Q2 net profit surges 56% to Rs 105.2 crore

Its net profit (attributable to owners of the equity) stood at Rs 67.3 crore in the year-ago period, Firstsource said in a statement.

Can the CESC demerger unlock value for investors?

Our calculation suggest that sum total of these individual businesses on a conservative basis accrues to about Rs 1,350-1,365 a share, which is quite attractive compared with the CESC’s current market price of Rs 913 share

Firstsource to hire up to 1,000 people in UK this year

Firstsource currently employs 5,300 people in the UK and had added two new centres last year in Derby and Warrington (as part of its deal with Sky).

CESC aims to unlock value via massive restructuring: Sources

Power utility company CESC is going to embark on a mega restructuring plan which is going to be aimed at value unlocking in profitable power distribution business, say sources.

Buy Firstsource; target of Rs 42: ICICIDirect

ICICIDirect is bullish on Firstsource and has recommended buy rating on the stock with a target price of Rs 42 in its research report dated February 2, 2016.

Here's how small cap stocks opened on October 8

Motilal Oswal draws up a buy list ahead of Q1 earnings

Gautam Sinha Roy of Motilal Oswal Securities told CNBC-TV18 that HCL Tech will be his top pick as the earnings season starts next week.

Market to remain volatile; buy Infosys, Wipro: Dilip Bhat

At Prabhudas Liladher they have a buy on Infosys and expect it to touch levels of Rs 2800-2900 in a year or so. The change in management and rupee depreciation will help Infosys, says Bhat.