Firstsource Solutions surges on partnering with Celonis to accelerate digital transformation for enterprises

09 Dec 2020

Firstsource Solutions is currently trading at Rs. 76.10, up by 2.15 points or 2.91% from its previous closing of Rs. 73.95 on the BSE.

The scrip opened at Rs. 74.40 and has touched a high and low of Rs. 77.00 and Rs. 73.55 respectively. So far 102395 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 80.80 on 01-Dec-2020 and a 52 week low of Rs. 20.65 on 24-Mar-2020.

Last one week high and low of the scrip stood at Rs. 77.65 and Rs. 73.00 respectively. The current market cap of the company is Rs. 5288.36 crore.

The promoters holding in the company stood at 53.82%, while Institutions and Non-Institutions held 21.13% and 25.04% respectively.

Firstsource Solutions and  Celonis,  the  global  leader  in  Execution Management  Systems  (EMS),  have entered into strategic  partnership  that  will  enable  businesses  to  quickly  identify  and eliminate process constraints, driving agility and optimizing outcomes. 

The  partnership  combines  the company’s  deep  domain  expertise  with  Celonis’  AI?powered  technologies  to  accelerate  digital  transformation  and  drive  value  for  enterprises.  The  Celonis  Execution  Management  System  (EMS)  enables  businesses  across  industries  to  maximize their execution capacity by leveraging process mining technology to extract real? time data from source systems to identify and close execution gaps.

Firstsource Solutions is a global provider of business process management services.

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323