Firstsource Solutions (FSL) shares surged 18% to ₹278 during intra-day trading on the Bombay Stock Exchange, amid heavy volumes exceeding 66.92 million shares. This increase comes as brokerages, including ICICI Securities, upgraded the stock to 'Buy', raising the target price to ₹290 based on strong growth prospects and improved operational efficiencies. FSL's revenue for Q4 FY26 grew 3% quarter-on-quarter, falling short of the 5.8% analysts expected, primarily due to delays in UK collections and Medicare payments. Despite this, management expressed optimism about future growth, projecting 12.25-12.75% EBIT margins for FY27, supported by AI-driven productivity improvements. The company is embedding AI across various operations, enhancing its positioning in the outsourcing landscape. Analysts anticipate a revenue growth acceleration in FY27, with organic constant currency revenue guidance set between 8% to 11%.