Firstsource Solutions sizzles 5% on strong Q1 profits

31st July 2012 12:18 PM

Firstsource Solutions jumped on Tuesday after the company posted strong Q1 profits. Shares ofthe companyare trading at Rs 8.95, up Rs 0.43, or 5.05% at the Bombay Stock Exchange (BSE) on Tuesday at 11:30 a.m.The company registered a surge of 2.72 times year-on-year basis in consolidated net profit to Rs 289.8 billion for the quarter ended June 30, 2012. On quarter on quarter basis, it posted a rise of 25.59% in the net profit.

Total consolidated revenues has increased to Rs 6.75 billion for the quarter ended June 30, 2012, representing an increase of 29.08% on year-on-year basis (8.58% rise on quarter-on-quarter basis).The scrip has touched an intra-day high of Rs 9.29 and low of Rs 8.77. The total volume of shares traded at the BSE is 470,161.In the earlier session, the shares gained 5.45%, or Rs 0.44, at Rs 8.52. Currently, the stock is trading down 50.28% from its 52-week high of Rs 18 and above 57.85% over the 52-week low of Rs 5.67.

Share Price Movement Period Pricein Rs Gain/(Loss) in Rs in % 1 Week 8.81 (0.29) (3.29) 1 Month 8.68 (0.16) (1.84) 3 Months 9.54 (1.02) (10.69) 6 Months 8.51 0.01 0.12 1 Year 17.65 (9.13) (51.73) Note: Based on previous day closing price.
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