FSL ShortTermAbout FirstSource Solutions Ltd.:
Firstsource Solutions Ltd is a global provider of business process management services. The company offers wide range of services in the area of banking and financial services i.e. provides customized, flexible and cost effective BPO solutions in area of retail banking, insurance, credit cards and mortgages, telecommunications and media i.e. offers aids for improving their business processes, developing and implementing customer acquisition and retention programs. and the healthcare industry i.e. offer services such as health claims processing, claims adjudication and mailroom services..They provides services throughout the customer lifecycle that includes customer acquisition, customer care, billing and collections, transaction processing and business research and analytics.
Bonus Brownie Point:
Earnings are around the corner. It has been observed that the company has constantly shown growth in its last 3 quarters and also year on year. While income from other sources has fallen but the income through actual business activities has been on a decent run.
Technical Analysis:
With today's breakout, watchout for next level FIB@ 135.50 before retracement. So a short term swing trade looks profitable.
Disclaimer: Not a financial advice. Always invest the amount you can afford to loose.
