eClerx Services Ltd.

NSE: ECLERX | BSE: 532927 | ISIN: INE738I01010 | Industry: BPO/KPO
| Mid-range Performer

3481.20
2.08%
ICICI Securities Limited
The company reported healthy growth in the current quarter mainly led by improving demand, especially in CLX business, lower roll offs, acquisition and improving demand. eClerx, over the years, has seen roll offs due to client specific issue, insourcing, ramp down of short-term projects and automation. However, with anticipated lower roll offs from one-off client specific event (accounting for one-third of new sales of ~US$40- 50 million) will help the company to boost revenues. Going forward, although we expect certain short-term projects to get ramped down in the near term, we...
eClerx Services Ltd. is trading below its 30 day SMA of 3515.3
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