FSL Looks Attractive If Invested For Long Term

Firstsource Solutions Ltd. (NS:FISO), incorporated in the year 2001, is a Mid Cap company operating in the IT Enabled Services sector. FSL, a part of the RP-Sanjiv Goenka Group, is a leading provider of business process solutions to more than 100 global businesses in the Banking and Financial Services, Healthcare, Communications, Media and Technology, and diversified industries. A publicly-traded company on the Indian Stock Exchange, NSE: FSL. FSL employs over 28,000 people across the US, UK, India, and Philippines.

Using the ‘Digital First, Digital Now’ strategy as the North Star, the company's transformational tech-based solutions help clients simplify complex business processes, elevating the customer experience and creating value across client business. Tech-based solutions span three major areas: Digitally Empowered Contact Centers, Intelligent Back Office, Platforms, Automation, and Analytics.

FSL Promoter & Promoter Group held a 53.66 percent stake in the company, while Mutual Funds, Alternative Investment Funds, Foreign Portfolio Investors, Financial Institutions/ Banks held a 22.54% stake in the company. FSL has equity of 6969.91 crores. FSL is currently available with a face value of INR 10. FSL paid a dividend of INR 3.50 to its shareholders during FY 2021-22. Yesterday's close price of FSL was INR 122.25 per share and its TTM FY 2022 EPS is 6.24 and it is trading at a PE of 19.59. FSL 52 Week High price was INR 242.65 and 52 Week Low price was INR 112.00.

FSL's future looks attractive if everything remains in a smooth way and if investors remain invested for long-term about 15 to 20 years then unlimited growth, EPS, dividend, bonus, and split benefits may be observed. FSL may give a good return in the form of pension by way of dividend earning and its unlimited future price may reflect because of an increase in the number of shares due to bonus and split of its face value. The investor may be benefited if they invest around 500 shares in their portfolio.