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Firstsource Solutions Sees Positive Outlook in Credit Rating Update

Story Highlights
  • Firstsource Solutions’ long-term rating outlook upgraded to ‘Positive’ by CRISIL.
  • The revised outlook signals improved financial stability and potential market benefits.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Firstsource Solutions Sees Positive Outlook in Credit Rating Update

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Firstsource Solutions Limited ( (IN:FSL) ) has shared an update.

Firstsource Solutions Limited announced that CRISIL Ratings has revised its outlook on the company’s long-term bank facilities from ‘Stable’ to ‘Positive’, while reaffirming the rating at ‘Crisil A+’. The short-term rating remains at ‘Crisil A1’. This change reflects a positive shift in the company’s financial stability and could enhance its market position, potentially benefiting stakeholders by indicating improved creditworthiness.

More about Firstsource Solutions Limited

Firstsource Solutions Limited operates in the business process management industry, offering a range of services including customer management, healthcare, and collections. The company focuses on delivering innovative solutions to clients across various sectors, enhancing their operational efficiency and customer experience.

Average Trading Volume: 55,560

Technical Sentiment Signal: Buy

Current Market Cap: 235.5B INR

Find detailed analytics on FSL stock on TipRanks’ Stock Analysis page.

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