Page 7 - Firstsource Solutions News Today : Breaking News, Live Updates & Top Stories | Vimarsana

“Anybody who is not invested to answer your questions can start with small tranches within the midcap IT space. We like a couple of names which we hold in our global list. Cyient we continue to like because of its diversified book, expectations of stable revenue growth and Firstsource Solutions meets a lot of our criteria in terms of revenue expectations, capacity utilisations, decent amount of DSO days and a decent amount of diversified book.”

The Indian benchmark indices rose in trade today with the Nifty50 reclaiming the 20,000 mark and the BSE market cap climbing to the $4 trillion mark. Domestic brokerage house Religare Broking has come out with 3 technical picks.

Persistent Systems has not seen any major ramp-downs in the past couple of quarters, reflecting stable TCV to revenue leakage, it while noting that the improvement is not material.

Firstsource Solutions Q2 FY24 results: Revenue increased by 3.48% YoY & profit decreased by 2.24% YoY

The 30-share BSE Sensex tanked 471 points or 0.71 per cent to trade at 65,406, while the NSE Nifty was down 124 points or 0.63 per cent to trade at 19,547. Broader markets (mid- and small-cap shares) were also weak as Nifty Midcap 100 was down 0.56 per cent and small-cap slipped 0.48 per cent.