eClerx Services

May 13 (Reuters) - eClerx Services Ltd ECLE.NS:

• ECLERX SERVICES LTD - RECOMMENDS FINAL DIVIDEND OF 1 RUPEE PER SHARE

• ECLERX SERVICES MARCH-QUARTER CONSOL NET PROFIT 1.89 BILLION RUPEES

• ECLERX SERVICES MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 11.07 BILLION RUPEES

Source text: ID:nBSE7Mbx3s

Further company coverage: ECLE.NS

(([email protected];))

Jan 28 (Reuters) - eClerx Services Limited ECLE.NS:

• DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 10.70 BILLION RUPEES

• DEC-QUARTER CONSOL NET PROFIT 1.92 BILLION RUPEES

• APPROVES ISSUANCE OF BONUS EQUITY SHARES IN 1:1 RATIO

Source text: ID:nNSE30Qb4g

Further company coverage: ECLE.NS

(([email protected];))

Jan 21 (Reuters) - eClerx Services Limited ECLE.NS:

• TO CONSIDER PROPOSAL FOR ISSUANCE OF BONUS EQUITY SHARES

Source text: ID:nBSE30dF5n

Further company coverage: ECLE.NS

(([email protected];;))

** Brokerage Nomura expects marginally better revenue growth of 4.5% for large cap IT companies in FY27 vs FY26

** In FY27, expects mid-caps to continue growing faster than large caps,

** Expects average FY27 EBIT margin to improve by 30 bps for large-cap companies and by 50 bps for the mid-caps

** Sees bigger revenue pool for IT service providers as enterprise AI adoption increases over the next 12-18 months, driving demand for cloud and data services

** Says preferred picks are Infosys INFY.NS among large caps, Coforge COFO.NS among mid-caps, and eClerx ECLE.NS among small caps

** YTD, Nifty IT sub-index .NIFTYIT down 13% vs benchmark Nifty 50's .NSEI 11% rise

(Reporting by Komal Salecha)

(([email protected];))

** eClerx Services ECLE.NS rises 3.3% to 3,767 rupees

** Nomura retains "buy"; raises PT to 4,200 rupees from 4,100 rupees, implying ~11.5% upside to last close

** Says co beat all key metrics in Q1 FY26, with strong new client contracts, deal wins, robust pipeline

** Expects EBITDA margin of 26.8%–27.4% over FY26-FY28 vs 25.9% in FY25

** Co posts 26.3% y/y rise in June-quarter profit; rev from ops up 19.5% y/y

** More than 141,856 shares traded, 2.1x the 30-day avg

** Stock rated "buy" on avg; median PT is 3,900 rupees, per data compiled by LSEG

** YTD, ECLE gains 8.4%

(Reporting by Rudra Pratap Singh in Bengaluru)

(([email protected]))

** Shares of eClerx Services ECLE.NS fall 6.4% to 2,931.05 rupees

** Stock among top 10 losers on Nifty Smallcap 250 .NISM250 index, which is down about 0.3%

** Co reports 2.3% sequential drop in profit as operating margin deteriorates 103 bps to 26.1%

** Analysts avg rating on stock "buy"; median PT 3,550 rupees

** Stock rose 34.4% in 2024, vs 26.4% gains in smallcap index

(Reporting by Vivek Kumar M)

(([email protected]))

** Shares of eClerx Services ECLE.NS rise 6.6% to 3,239.95 rupees

** Co's Q2 consol net profit rose 3.1% Y/Y, revenue jumped 15.2% Y/Y

** Trading vols at 544,700, 2.5X 30-day average

** ECLE set to gain for fourth straight session

** Stock up ~25% YTD

(Reporting by Vijay Malkar)

(([email protected];))

Nov 5 (Reuters) - eClerx Services Limited ECLE.NS:

• SEPT-QUARTER CONSOL NET PROFIT 1.4 BILLION RUPEES

• SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 8.32 BILLION RUPEES

Source text: [ID:]

Further company coverage: ECLE.NS

(([email protected];;))

** eClerx Services ECLE.NS rises as much as 6.5% to hit record high of 3,217 rupees

** Overall 531,939 shares traded, 2.5X 30-day avg

** Reuters could not immediately ascertain the reason behind the move

** ECLE up ~20% YTD vs ~19 gains in Nifty 500 Index .NIFTY500

(Reporting by Vijay Malkar)

(([email protected];))

* eClerx Services Ltd ECLE.NS rises as much as 14.4% to hit record high of 3,118 rupees

* Overall 1.2 mln shares traded, 11.3X 30-day average

* Reuters could not immediately ascertain the reason behind the move

* Relative strength index rises to 70.9, suggesting stock might be overbought - LSEG data

* Stock up ~17% YTD vs ~25% gains in NIFTY 500 index .NIFTY500

(Reporting by Vijay Malkar)

(([email protected];))

** Shares of Eclerx Services ECLE.NS down 5.2% after falling as much as 5.4% earlier in the session

** Co set to snap three-session gains if trends hold

** ECLE's Q4 consol profit slipped ~2% as spike in expenses overshadowed revenue rise

** Trading vols 2.3x 30-day avg

** Day's fall takes YTD losses to 11.8%

(Reporting by Hritam Mukherjee in Bengaluru)

(([email protected];))

Feb 1 (Reuters) - Eclerx Services Ltd ECLE.NS:

• DEC-QUARTER CONSOL PROFIT 1.39 BILLION RUPEES VERSUS PROFIT 1.31 BILLION RUPEES

• DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 7.53 BILLION RUPEES VERSUS 6.87 BILLION RUPEES

Source text for Eikon: ID:nBSE1sV4yl

Further company coverage: ECLE.NS

(([email protected];))

** Shares of Eclerx Services ECLE.NS rise as much as 14.9% to a record high of 2,685.7 rupees

** Critical business operations services provider raises its full-year margin forecast from below 28% post Q1 to 28-32% post Q2 results

** Co adds it expects to grow sequentially in Q3 on momentum from Q2

** More than 933,000 shares traded by 2.46 p.m. IST, 7.3x the 30-day avg

** Six of 7 brokerages rate the stock "buy" or higher, and 1 "hold;" their median PT is 2,330 rupees - LSEG data

** Stock currently up 13.6%, bringing YTD gains to 108%

(Reporting by Aleef Jahan in Bengaluru)

(([email protected]))

** Shares of Eclerx Services ECLE.NS rise as much as 6.75% to a near-one month high of 2,195 rupees apiece

** The IT consulting and outsourcing company posts 11% Y/Y rise in revenue from operations to 7.22 bln rupees ($86.69 mln) in Sept-quarter

** Net profit rises 8% to 1.36 bln rupees

** Growth in profitability aided by strong revenue growth and rupee depreciation, says ECLE

** Trading volume is 193,854 shares as of 10:28 a.m. IST, 1.4x the 30-day avg - LSEG data

** Of the seven analysts tracking ECLE, four have "strong buy", two recommend "buy" and one suggests "hold"; median TP is 1,945 rupees

** Including today's gains, ECLE shares up 68% in 2023 so far

($1 = 83.2875 Indian rupees)

(Reporting by Bharath Rajeswaran in Bengaluru)

(([email protected]; +91 9769003463;))

Aug 9 (Reuters) - Eclerx Services Ltd ECLE.NS:

• INDIA'S ECLERX SERVICES JUNE-QUARTER CONSOL PROFIT 1.07 BILLION RUPEES VERSUS PROFIT 995.1 MILLION RUPEES

• ECLERX SERVICES JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 6.84 BILLION RUPEES VERSUS 6.18 BILLION RUPEES

Source text for Eikon: ID:nBSE1BmZSf

Further company coverage: ECLE.NS

(([email protected];;))

** Shares of Eclerx Services Ltd ECLE.NS rise as much as 7.93% to 1,523 rupees, most intraday pct gain in over two months

** Information technology consulting firm reports 12% Y/Y rise in consolidated net profit to 1.33 bln rupees in March quarter nFWN37M17K

** Revenue up 17% Y/Y to 6.93 bln rupees; core profit rises 14% to 2.07 bln rupees

** Stock most active in over two months, with trading volume of 220,508 as of 10:42 a.m. IST, 4.2x the 30-day avg - Refinitiv data

** Of the eight analysts tracking ECLE, seven maintain "buy" and one suggests "hold"; median PT is 1,690 rupees

(Reporting by Bharath Rajeswaran in Bengaluru)

(([email protected]; +91 9769003463;))

May 25 (Reuters) - Eclerx Services Ltd ECLE.NS:

• DIVIDEND OF 1 RUPEE PER SHARE

• MARCH-QUARTER CONSOL NET PROFIT 1.33 BILLION RUPEES VERSUS 1.19 BILLION RUPEES

• MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 6.93 BILLION RUPEES VERSUS 5.92 BILLION RUPEES

Source text for Eikon: [ID:]

Further company coverage: ECLE.NS

(([email protected];))