eClerx posted result that came slightly ahead on revenue while operating performance was nearly in-line. 3Q performance was driven by sharp acceleration in top-5 accounts while emerging accounts declined sequentially. Increase in shorterduration contracts, divergent growth trends in top-5 accounts and completion of projects in the near-term is expected to keep near-term growth/margin volatile, however, cable business is expected to remain strong ahead. We maintain our BUY...