IT stock jumps 4% after partners with Microsoft for digital transformation services

The shares of the leading BPM services provider gained up to 4 percent after the company collaborated with Microsoft (NASDAQ: MSFT ) Azure OpenAI to deliver cutting-edge digital transformation services. With a market capitalization of Rs 21,610.20 crore, the shares of Firstsource Solutions (NS: FISO ) Ltd were trading at Rs 310.05 per share, increasing around 1 percent as compared to the previous closing price of Rs 307.35 apiece. Is Firstsource Solutions a buy or sell? What is its Fair Value? What are the company’s health parameters? What are the positive and negative factors driving the company — ProTips? Know all the answers on the company’s overview page here . Reason for rise:- Today the shares of the company have seen positive movement after Firstsource Solutions Ltd announced a collaboration with Microsoft to deliver cutting-edge digital transformation services to clients worldwide. Additionally, by using Microsoft Azure OpenAI Service, the company aims to enhance its service offerings, driving innovation and efficiency across various industries. Furthermore, under this new project, Firstsource will use Azure OpenAI Service, Azure AI Search, and Azure AI-Language to create generative AI-powered solutions and business platforms that maximize the value of enterprise data. These technologies will provide […]

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