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Firstsource Solutions Ltd

Stage 3 · Topping · week 1

As of 16 Oct 2026, Firstsource Solutions is in Stage 3 — topping, where an uptrend loses steam, in its first week (since 15 Oct 2026). It closed at ₹282, 21.6% below its 52-week high and above its 200-day average, which is falling. In Information Technology, 22.4% of stocks are in Stage 2.

Firstsource Solutions Limited provides tech-enabled business processes in India, the United Kingdom, the United States, the United Arab Emirates, and internationally. More about the company

₹281.8
+0.02% today
₹19,497 Cr · Mid cap
Market Neutral — FadingInformation Technology 22.4% in Stage 2-2.9 pts / 20dOutsourced services 30.0%0.0 pts

Pro read

Pro

Our read

Topping — the uptrend is tiring

Setup score

—

Momentum

Accelerating ⇈

Edge

—

Is FSL early, or has it already run? Pro answers that for every NSE stock, after every close.

Loading price chart…
vs 52W High
-21.6%
₹204.4 lo₹359.4 hi
21.6% below 52W high — weakening from peak
Stock is rolling over from its 52W high. Stage 3 distribution — new longs are high risk here.
Stage Maturity
Week 1
1w13w26w
Week 1 — early distribution
How long this stock has been in Stage 3 distribution. Longer tops often precede deeper Stage 4 declines.
vs 200 DMA
8.0%
200 DMA: ₹260.8 · sloping down
Stock is losing its 200 DMA. Once lost, it confirms Stage 4 risk. This is a major red flag for existing holders.
Rel Volume
0.48x
vs 50-day avg
Volume spikes on down days during Stage 3 signal distribution — institutions are exiting. A clear warning to avoid new longs.
Trend Health
↗ ⇈
Accelerating · MA20 +1.9% vs MA50 -1.5% / 10d
Two-layer momentum read: the glyph shows whether the 20-day MA is rising (↑/↗), flat (→), or rolling over (↓). The ⇈ flag fires when the 20-day MA is pulling away from the 50-day MA — short-term momentum building on top of the longer trend. Best when both glyphs agree.
1M
+1.5%
3M
+5.8%
6M
+15.4%
YTD
-19.2%
1Y
-11.7%
Sector
Information Technology
↓ Peaking
Stage 2%
22.4%
20d Δ
-2.9pp
1M return
+7.8%
3M return
+6.9%
Sector Stage-2 % · last 20 days
Sector has 38 Stage 2 leaders. See Information Technology Stage 2 →
Industry
Outsourced services
→ Flat
Stage 2%
30.0%
20d Δ
+0.0pp
1M return
+3.6%
3M return
+3.8%
Industry Stage-2 % · last 20 days
Industry has 3 Stage 2 leaders. See Outsourced services Stage 2 →
Stage Cycle Timeline2023-07-20 → 2026-10-16
S2 44w
S2 32w
S4 18w
S1 15w
2023-07-202026-10-16
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 44w → S3 5w → S2 32w → S3 13w → S4 2w → S1 1w → S2 9w → S3 6w → S4 1w → S3 2w → S4 13w → S1 3w → S4 18w → S1 15w → S2 5w → S3 1w current
Total tracked: 168 weeks across 16 stage runs.
Scan Membership
Breakout Watch
Latest: 2026-09-09
3 appearances in last 60 days. First seen: 2024-07-01.
A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding — staying power in the scan says more about the trend than any single appearance.
Recent Stage Timeline
2026-10-16S3
Wk 1 · Vol 0.48x
2026-10-15S32→3
Wk 1 · Vol 0.35x
2026-10-14S2
Wk 5 · Vol 1.58x
2026-10-13S2
Wk 5 · Vol 5.07x
2026-10-12S2
Wk 5 · Vol 0.51x
2026-10-09S2
Wk 5 · Vol 0.47x
2026-10-08S2
Wk 4 · Vol 4.99x
2026-10-07S2
Wk 4 · Vol 0.20x
2026-10-06S2
Wk 4 · Vol 0.17x
2026-10-05S2
Wk 4 · Vol 0.23x
2026-10-01S2
Wk 4 · Vol 0.17x
2026-09-30S2
Wk 3 · Vol 1.77x
Sector Peers — Stage 2All →
ONEPOINT
wk 4 · -0.2% from hi
9.2
OPTIEMUS
wk 12 · -11.4% from hi
8.6
CPPLUS
wk 20 · -8.5% from hi
8.5
PANACHE
wk 18 · 0.0% from hi
8.4
E2E
wk 23 · -7.1% from hi
8.0
Moving averages & range
50 DMA
₹268.7
200 DMA
₹260.8
52W High
₹359.4
52W Low
₹204.4
5D Low
₹277.4
Resistance levels (recent highs)
20d High
₹291.8
60d High
₹339.5
120d High
₹339.5
250d High
₹359.4
Next resistance
+3.5%
to 20d High
P/E (TTM)
27.7
Forward 16.8
Earnings Growth (YoY)
+27.9%
Revenue +19.5%
ROE
+15.9%
Profit margin +7.1%
Dividend Yield
1.98%
P/B 4.2
About this companyInformation Technology· Outsourced services

Firstsource Solutions Limited provides tech-enabled business processes in India, the United Kingdom, the United States, the United Arab Emirates, and internationally. It operates through Healthcare; Banking and Financial Services; Communication, Media and Technology; and Diverse Industries segments. The company offers various banking and financial services and solutions, including customer acquisition, onboarding, transaction processing and payments, disputes and complaints, servicing, bereavement and power of attorney, fraud and financial crime, and account closure; lending services, such as origination, post-closing, title, settlement, and quality control and due diligence services; and collections. It also provides health plan services comprising claims operations, enrollment and billing, customer service, care coordination, credential provider, data and network management, benefit coding, maintenance, coverage, Medicaid enrollment, prior authorization, medical coding, denial management and prevention, patient billing and collections, and receivables management; and communication services, such as sales and retention, tech ops, receivables and collections management, and generative AI. In addition, it offers media/edtech solutions, such as content development and enrichment, learner support, student pre-registration and enrollment, and digital collections; and other services for retention and loyalty, meter-to-cash operations, crisis/contingency management, smart meter conversions, debt management, and complaints handling industries; and consulting services. It serves banking and financial services, healthcare, communications, media and technology, retail, energy, and utilities sectors. The company was formerly known as ICICI Onesource Limited and changed its name to Firstsource Solutions Limited in November 2006. The company was incorporated in 2001 and is based in Mumbai, India. Firstsource Solutions Limited is a subsidiary of RPSG Ventures Limited.

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All analytics based on EOD data. Data as of 2026-10-16. Past data patterns are not indicative of future results. This page is a data analytics tool only.