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Firstsource Solutions
NSE Announcements on Firstsource Sol
Posted by :
MMB MessengerTracked by: 0 Boarder
Firstsource Solutions Limited has informed the Exchange regarding a press release dated August 19, 2008, titled "Firstsource Solutions appoints Carl Saldanha as Global CFO". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
BSE Announcements on Firstsource Sol
Posted by : MMB MessengerTracked by: 0 Boarder
Firstsource Solutions Ltd has informed BSE regarding a Press Release dated August 19, 2008 titled "Firstsource Solutions appoints Carl Saldanha as Global CFO"...
Buy Firstsource Solutions, target of Rs 46: PINC
Posted by : GuestTracked by: 0 Boarder
Sorry to disillusion you here. BPO is already a near commodity like business and at higher volumes more so. Just look at EBITA margins and you will understand. Nowhere close to INFY, etc.. Also this company has a huge equity dilution coming up as its FCCB is for 250 million US$ which has price of 92. If it does not go up there, then they have to give money back as they will not convert if share price is lower than 92.
On the plus side, it may be acquired by a GENPACT or one of the IT majors. Not a multibagger but may go up on sepculative interest or take over bid. As for P/E wise all indusrty will settle around
12-20.
Also long term rupee will appreciate and so cost arbitrage will further reduce and further impact margins.
Largely a commodity business. I do not feel it is a hold and forget kind of story
As for the recent spike, it was due to inclusion in F&O
...
In reply to:
Buy Firstsource Solutions, target of Rs 46: PINC
Posted by :
retrobroker
am in the process of building my portfolio frm a multi bagger prespective, my horizon is 3 - 5 yrs.. i feel this is a potential multibagger.. with its low PE and the growing BPO industry and its clients base, first source has also set up operation in philippines which is a plus and with time and a growing workforce i feel syngergies would increase, is it realistic to assume that that the script could rally to 400 - 500 levels in a 3 - 5 yr time horizon.. 
Buy Firstsource Solutions, target of Rs 46: PINC
Posted by : Eureka123Tracked by: 0 Boarder
Even though I agree with the P/E valuations and that it is dirt cheap at these valuations, something looks fishy. I have been tracking this stock in last 2 -3 sessions it has moved up 15% and 6% on 2 days when for days it was going nowehere. So am curious. I have around 2000 stocks at 43 and would definitely like to see this move up!...
In reply to:
Buy Firstsource Solutions, target of Rs 46: PINC
Posted by : Guest
Hey Eureka - only one reason - its dirt cheap compared to peer group at these prices. Industry average P/E ratio expected to be between 30 - 35 with P/E valuations going as high as 60 for industry leader.
At this price P/E still in 12-13 band - so stock up and wait and watch. Expect sharp spikes in this stock even though it is currently out of favour with the market manipulators.
Buy Firstsource Solutions, target of Rs 46: PINC
Posted by : retrobrokerTracked by: 0 Boarder
am in the process of building my portfolio frm a multi bagger prespective, my horizon is 3 - 5 yrs.. i feel this is a potential multibagger.. with its low PE and the growing BPO industry and its clients base, first source has also set up operation in philippines which is a plus and with time and a growing workforce i feel syngergies would increase, is it realistic to assume that that the script could rally to 400 - 500 levels in a 3 - 5 yr time horizon.....
In reply to:
Buy Firstsource Solutions, target of Rs 46: PINC
Posted by : Guest
Hey Eureka - only one reason - its dirt cheap compared to peer group at these prices. Industry average P/E ratio expected to be between 30 - 35 with P/E valuations going as high as 60 for industry leader.
At this price P/E still in 12-13 band - so stock up and wait and watch. Expect sharp spikes in this stock even though it is currently out of favour with the market manipulators.
Buy Firstsource Solutions, target of Rs 46: PINC
Posted by : GuestTracked by: 0 Boarder
Hey Eureka - only one reason - its dirt cheap compared to peer group at these prices. Industry average P/E ratio expected to be between 30 - 35 with P/E valuations going as high as 60 for industry leader.
At this price P/E still in 12-13 band - so stock up and wait and watch. Expect sharp spikes in this stock even though it is currently out of favour with the market manipulators. ...
In reply to:
Buy Firstsource Solutions, target of Rs 46: PINC
Posted by : Eureka123
why is the stock shooting up? Is there some news?
Buy Firstsource Solutions, target of Rs 46: PINC
Posted by : Eureka123Tracked by: 0 Boarder
why is the stock shooting up? Is there some news?...
In reply to:
Buy Firstsource Solutions, target of Rs 46: PINC
Posted by : MMB Messenger
PINC Research has maintained its buy rating on Firstsource Solutions with a revised 12-month target price of Rs 46. Firstsource Solutions Ltd. (FSL) reported a better than expected quarter as net sales grew by 8.6% QoQ to Rs 4.0 billion while OPM dipped by 180bps to 14.8% due to wage hikes and higher operating costs.
Buy Firstsource Solutions, target of Rs 46: PINC
Posted by : MMB MessengerTracked by: 0 Boarder
PINC Research has maintained its buy rating on Firstsource Solutions with a revised 12-month target price of Rs 46. Firstsource Solutions Ltd. (FSL) reported a better than expected quarter as net sales grew by 8.6% QoQ to Rs 4.0 billion while OPM dipped by 180bps to 14.8% due to wage hikes and higher operating costs....
NSE Announcements on Firstsource Sol
Posted by : MMB MessengerTracked by: 0 Boarder
Firstsource Solutions Limited has submitted to the Exchange a copy of the Proceedings of the Annual General Meeting of the Members of the Company held on July 31, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
BSE Announcements on Firstsource Sol
Posted by : MMB MessengerTracked by: 0 Boarder
Firstsource Solutions Ltd has informed BSE that the Annual General Meeting (AGM) of the Company was held on July 31, 2008....
NSE Announcements on Firstsource Sol
Posted by : MMB MessengerTracked by: 0 Boarder
Firstsource Solutions Limited had informed the Exchange regarding a press release relating to Audited Results for the quarter ended June 30, 2008 vide its letter dated July 30, 2008. The Company has now submitted the revised press release dated July 30 2008, titled "Firstsource reports first quarter FY 2009 total income of Rs.4096 million, Y-o-Y Income growth of 47.5% and sequential growth of 8.0%, Operating EBIT declines marginally from Rs.396 million to Rs.382 million sequentially, PAT declines from Rs.210 million in Q4 FY 08 to a loss of Rs.501 million largely due to restatement of outstanding FCCBs at current exchanges rates". A copy of the revised press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
BSE Announcements on Firstsource Sol
Posted by : MMB MessengerTracked by: 0 Boarder
With reference to earlier announcement dated July 30, 2008 regarding Results Press Release, Firstsource Solutions Ltd has submitted to BSE the Revised Press Release related to the audited financial results for the quarter ended June 30, 2008....
NSE Announcements on Firstsource Sol
Posted by : MMB MessengerTracked by: 0 Boarder
Firstsource Solutions Limited has submitted to the Exchange the auditors report in respect of the Audited Financial results quarter ended June 30, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
BSE Announcements on Firstsource Sol
Posted by : MMB MessengerTracked by: 0 Boarder
Firstsource Solutions Ltd has informed BSE regarding a Press Release dated July 30, 2008 titled "Firstsource reports first quarter FY 2009 total income of Rs 4096 million"....
NSE Announcements on Firstsource Sol
Posted by : MMB MessengerTracked by: 0 Boarder
Firstsource Solutions Limited has informed the Exchange regarding a press release dated July 30 2008, titled " Firstsource reports first quarter FY 2009 total income of Rs.4096 million, Y-o-Y Income growth of 47.5% and sequential growth of 8.0%, Operating EBIT declines marginally from Rs.396 million to Rs.382 million sequentially, PAT declines from Rs.210 million in Q4 FY 08 to a loss of Rs.510 million largely due to restatement of outstanding FCCBs at current exchanges rates". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
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