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Revenue from operations declined by 1.7% to Rs 10,894 crore during the reported quarter from Rs 11,089.4 crore in the same quarter a year ago.
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Firstsource Solutions Ltd has added 3.98% over last one month compared to 2.19% fall in S&P BSE IT Sector index and 6.63% rise in the SENSEX
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Industrials stocks were trading with gains, with the S&P BSE Industrials index increasing 24.19 points or 0.58% at 4181.25 at 09:48 IST.
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“It is really strange. The stock will not have any value once it is delisted. Gullible retail investors, who hope to make a quick buck, are buying into the stock,” said a stock market executive who heads the capital market strategy division of a leading brokerage
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Utilities stocks were trading in green, with the S&P BSE Utilities index increasing 23.29 points or 1.15% at 2056.58 at 09:48 IST.
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Power stocks were trading in the positive zone, with the S&P BSE Power index rising 27.93 points or 1.19% at 2369.75 at 09:48 IST.
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Shares of Nestle India traded 3.42% lower at Rs 16,633.85 at around 10.20 am (IST), while the benchmark BSE Sensex traded 0.58% down at 51,811 at around the same time.
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Asset-backed securities and mortgage-backed securities and structured obligations, such as credit enhanced and guaranteed bonds, convertible bonds, and bonds with call-put options, will not be permitted as reference or deliverable obligations
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Elsewhere in Asia, bourses in Hong Kong were trading on a positive note in mid-session deals, while those in Tokyo and Seoul were in the red
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