eClerx Services Ltd. News and Updates

Name: Latest research reports of eClerx Services Ltd. authored by Karvy and published by - Trendlyne research reports.
Item: eClerx Services Ltd.
Rating: 5
Author: Karvy

Keep track of all breaking news on eClerx Services Ltd. from all sources in a single place.

Load latest

eClerx Services Ltd.

17 Dec 2015

4417.90

-0.23%

eClerx Services Ltd: Corporate Action Update- Bonus Issue 1:3 (Dec 17, 2015)

Buy: eClerx Services Ltd.

Karvy

Ex-Bonus Price Target Rs.1617; Initiating Coverage Report Price Target Rs. 2156 (Pre-Bonus) We had Initiated Research Coverage on eClerx services Ltd on 03rd Dec, 2015 with a BUY Rating and a Price Target of Rs. 2156. Post the Ex-date of Bonus issue of 1:3 (One share for every three shares held), the target stands adjusted accordingly to Rs. 1617 per share (from the earlier target of Rs. 2156).

Number of FII/FPI investors increased from 240 to 264 in Sep 2025 qtr.

eClerx Services Ltd.

16 Dec 2015

4417.90

-0.23%

eClerx Services to turn ex-bonus on Thursday

Business Line

Shares of eClerx Services will remain in focus on Wednesday, as the stock will turn ex-bonus on Thursday. For those who wish to receive the bonus shares, Wednesday is the cut-off date. The...

eClerx Services Ltd. has gained 33.50% in the last 1 Year

eClerx Services Ltd.

03 Dec 2015

4417.90

-0.23%

eClerx Services Ltd: Inorganic Growth Drives the Topline (Dec 03, 2015)

Buy: eClerx Services Ltd.

Karvy

eClerx consolidated revenue grew at a CAGR of 28.8% during FY11-FY15 and we expect the revenue would grow by CAGR of 24.7% during FY15-FY17E supported by the inorganic growth (CLX acquisition). In H1FY16 (including CLX revenue), the company has posted the strong revenue growth of 39.5% comparing to H1FY15, on the back of significant increase in the short term projects.

eClerx Services Ltd. has an average target of 3727.00 from 1 broker.

eClerx Services Ltd.

03 Nov 2015

4417.90

-0.23%

eClerx rallies 6% on strong Q2 numbers; brokers upbeat

Economic Times

Edelweiss Securities has maintained its hold stance on the stock but raised the target price to Rs 1,735 from Rs 1,565 earlier.

Number of FII/FPI investors increased from 240 to 264 in Sep 2025 qtr.

eClerx Services Ltd.

03 Nov 2015

4417.90

-0.23%

eClerx Services (2QFY16): Near-term pressure, but long-term outlook positive. Maintain BUY

Buy: eClerx Services Ltd.

HDFC Securities

eClerx reported its third successive quarter of solid organic USD revenue growth (6.3% QoQ, 6.3% in 4QFY15, 4% in 1QFY16). The companys top-5 client revenue rose 4.9% QoQ, highest in four years, while YoY growth was highest in two years (8.5%). Non-top-5 clients also recorded strong growth (12.7% QoQ, 80.5% YoY). EBIT margin rose 367bps QoQ, the highest since 4QFY14, aided by INR depreciation and lower S&M; cost.

eClerx Services Ltd. has an average target of 3727.00 from 1 broker.

eClerx Services Ltd.

03 Nov 2015

4417.90

-0.23%

eClerx Services Limited

Sell: eClerx Services Ltd.

ICICI Securities Limited

eClerx Services Ltd. has gained 33.50% in the last 1 Year

eClerx Services Ltd.

02 Nov 2015

4417.90

-0.23%

eClerx - 2QFY16 Result Update

Buy: eClerx Services Ltd.

Reliance Securities

eClerx posted a strong quarter buoyed by billing of large number of shorter duration projects in 2Q and on operational improvement (S&D; decline on lower bonus provision & travel). While 2HFY16E is expected to be weaker than 1H, we believe that the margin proficiency of eClerx is likely to be maintained at ~30%. We expect FY15-18E EPS CAGR of 19% based on 1) emerging accounts-led growth,...

eClerx Services Ltd.'s price crossed above 30Day SMA today

eClerx Services Ltd.

30 Oct 2015

4417.90

-0.23%

eClerx board to meet for bonus, results

Business Line

The board of directors of eClerx Services will meet on November 2 to consider a proposal for declaration of bonus shares. The knowledge process outsourcing company will also consider its q...