Firstsource Solutions rises on incorporating new wholly owned subsidiary in Australia
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Firstsource Solutions is currently trading at Rs. 198.20, up by 0.95 points or 0.48% from its previous closing of Rs. 197.25 on the BSE.
The scrip opened at Rs. 195.30 and has touched a high and low of Rs. 198.65 and Rs. 193.60 respectively. So far 35487 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 221.40 on 08-Feb-2024 and a 52 week low of Rs. 103.55 on 29-Mar-2023.
Last one week high and low of the scrip stood at Rs. 221.40 and Rs. 190.50 respectively. The current market cap of the company is Rs. 13864.36 crore.
The promoters holding in the company stood at 53.66%, while Institutions and Non-Institutions held 28.05% and 18.30% respectively.
Firstsource Solutions has incorporated a new wholly owned subsidiary in Australia by the name of ‘Firstsource Solutions Australia Pty’. The said wholly owned subsidiary company was incorporated on February 13, 2024. The object of incorporation of this wholly owned subsidiary is to expand BPO business in Australia.
Firstsource Solutions is a global provider of business process management services.
