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FIRSTSOURCE TURNAROUND
IT expected to perform well; 4 large & midcap stocks to bet on: Sunny AgrawalSunny Agrawal of SBI Cap Securities predicts a positive outlook for the IT sector. Reduced trade war uncertainty and strong BFSI growth are...- US rate cut: The Fed is too late to save the housing market this yearFed rate cut: Mortgage rates have decreased, raising hopes for housing market-related companies. However, it seems late for significant imp...
- Hot Stocks: Brokerages view on RIL, ONGC, BPCL, Godrej Consumer and InfosysCLSA maintained a buy rating on RIL with a target price of Rs 3060. Organic and inorganic triggers are likely to come together and support ...
- Bear attack on 135 stocks on BSE500 opens a buy windowAs many as 135 stocks on the index are down more than 20 per cent from their 52-week highs, and need up to 210 per cent rally to revisit th...
- KPIT, Birlasoft, MindTree top picks in IT space: Daljeet Singh Kohli"In the IT space, we are constructive on both midcaps and largecaps."
- SBI Mutual Fund goes all out for NHPC; picks more midcaps & smallcapsThe fund house went all out for NHPC, buying over 1 crore shares of the hydroelectric power generator.
- How Sanjiv Goenka transformed RPSG group into a conglomerate with diverse revenue streamsSanjiv Goenka has transformed RPSG group into a veritable money spinner, a far cry from what he inherited.
- CESC’s demerger plan to unlock value for investorsUnder the demerger scheme, the company’s power business will be divided into two — generation and distribution.
- Two stocks to help in wealth creation: Rajesh Agarwal, AUM CapitalCompanies dealing with power generation and distribution and the dredging of the rivers are the stocks that find favour with Agarwal.
- Prefer Rolta, Infinite Computer Solutions among midcap IT stocks: Prakash Diwan"The smaller nimble players have actually gone out and re-priced themselves in a very attractive way."
- 'Baniya' approach helped Firstsource turnaround: Sanjiv GoenkaThe strategy helped the company to improve its margin by 300 basis points to 11.5 per cent post takeover in October 2012, Goenka said.
- FirstSource expects 8-10% revenue growth in FY'15FirstSource Solutions expects its revenue to grow 8-10 per cent and margins to expand in its next financial year, as its turnaround is help...
- Firstsource to cut 500 jobs in turnaround planFirstsource Solutions is adding staff at its Cebu, Philippines centre to 500, will eliminate at least as many jobs in India as part of a tu...
- Rajesh Subramaniam helped Firstsource execute a perfect turnaroundSubramaniam helped Firstsource repay debt and FCCB, consolidated facilities, broke operational silos, realigned sales functions and much mo...
- Firstsource Solutions gains 68% on bourses in three months as business outlook turns positiveDuring the six months ended September 2013, Firstsource's net profit rose by 32% to Rs 85.8 crore from the corresponding period a year ago.
- Firstsource: Is the momentum slowing?The stock of Firstsource gained 3% by the end of Tuesday's trading session after the company reported a year-on-year jump in profits.
- Firstsource: Should you invest at the current levels?The current stock price has already shot up beyond the deal price. Will it be advisable for investors to check at current levels?
- Firstsource is yet to pick up paceThe stock of Firstsource Solutions has lost one-fifth of its value on bourses within a month of declaring its September 2010 quarter perfor...
- IT services exports to grow 15% in FY11The industry body refused to confirm the latest estimates - the third time it’s revising its figures in the pat 12 months - as an official ...
- IT exporters need to deliver for next wave2010 looks no easier, given the task at hand for the IT league to rise up to the pent-up investors’ expectations.
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