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Firstsource Solutions shares jump nearly 9% in early BSE trade

The stock opened at ₹248.35, hit an intraday high of ₹270.90, and was up about 3% at ₹257.20 around 9:35 am as Sensex gained 0.16%.

Reported · Written up by our desk · Equities

Firstsource Solutions shares rose almost 9% in early trading on the BSE on Wednesday, 30 September, with trading volume nearly 2 times higher than usual.

The stock opened at ₹248.35 versus the previous close of ₹249.55 and climbed as much as 8.6% to an intraday high of ₹270.90, before paring gains and trading up about 3% at ₹257.20 around 9:35 am.

At that time, the equity benchmark Sensex was up 0.16% to 72,645, though the market backdrop was described as cautious, amid rising US bond yields and elevated oil prices.

On a year-to-date basis, the shares are down 23%, compared with a 15% fall in the Sensex, while over the past six months the stock has gained 25% versus a 1% rise in the index.

Latest closeSensex 73,895.74 ▲0.4%

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