eClerx Services Ltd.

NSE: ECLERX | BSE: 532927 | ISIN: INE738I01010 |Industry: BPO/KPO
|Expensive Performer

eClerx Services Ltd.    
15 Mar 2019
BOB Capital Markets Ltd.
India's US$ 160bn logistics industry is amidst a much-needed transformation led by (1) structural reforms (GST, e-way bill) and the government's infrastructure thrust (DFC, Sagarmala), (2) the emergence of new-age, service-oriented businesses versus asset-heavy models, and (3) growing formalisation of the sector, propelling organised players to the fore. We prefer the emerging 3PL and express segments for long-term value creation. Among...
eClerx Services Ltd. is trading above it's 200 day SMA of 1124.61
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