📌 FSL – Holding Momentum After Recent Gains

After delivering strong FY25 results and a robust Q1 FY26 start, Firstsource Solutions Ltd(

) is sustaining investor interest. The stock is consolidating just below a key breakout level, indicating strength and potential for another leg up. 🔹 Price Action & Technicals CMP ₹367 – trading above 10 EMA (₹360) & 20 EMA (₹356) RSI ~58 – healthy, showing positive momentum without overbought pressure Volumes holding steady, suggesting accumulation rather than profit booking Breakout trigger: ₹390 with strong volumes Support zone intact at ₹355–₹360 🔹 Why It Still Looks Positive Fundamentals remain strong with 25%+ revenue growth and $1B annualized run rate achieved Consistent deal wins & execution of UnBPO™ framework driving operational efficiency Low debt levels (D/E 0.27) giving room for expansion without leverage stress 🎯 Short-Term Target: ₹390–₹405 🎯 Long-Term Target: ₹450–₹480 🛑 Support: ₹355–₹360 FSL remains a buy-on-dips candidate in the IT/BPM midcap space, with both fundamentals and technicals aligning for a potential breakou