Firstsource Solutions inches up on partnering Elsevier to launch ‘Digi-EXPress’

10 Oct 2013

Firstsource Solutions is currently trading at Rs. 18.80, up by 0.05 points or 0.27% from its previous closing of Rs. 18.75 on the BSE.

The scrip opened at Rs. 18.80 and has touched a high and low of Rs. 19.00 and Rs. 18.60 respectively. So far 5,48,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 19.95 on 03-Oct-2013 and a 52 week low of Rs. 9.40 on 28-Jun-2013.

Last one week high and low of the scrip stood at Rs. 19.95 and Rs. 17.40 respectively. The current market cap of the company is Rs. 1,237 crore.

The promoters holding in the company stood at 56.81% while Institutions and Non-Institutions held 6.06% and 37.14% respectively.

Firstsource Solutions has partnered with Elsevier, a world-leading provider of scientific, technical and medical information products and services, to implement Digi-EXPress, a patented cloud-based automated workflow solution and rights management system, for the processing, tracking, and management of all permission grant information from third-party rights holders relating to Elsevier book products.

The Digi-EXPress permissions database is a Software as a Service (SaaS) solution that will serve as Elsevier’s central repository for all third-party permission information, including details of the Elsevier book product, the rights holder’s product, the specific material for which permission has been granted, any applicable restrictions to the permission grant, and any applicable permission fees, among other data.

Firstsource Solutions is a leading global provider of customized business process outsource services to the telecom & media, banking & financial services and healthcare industries.

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Firstsource Solution Share Price

125.10 -3.15 (-2.46%) May 14, 18:01
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Peers
Company Name CMP
Hinduja Global Soln. 1662.00
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Info Edge 4294.80
Firstsource Solution 125.10
Vakrangee 50.85
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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