Latest news with #eClerx
Economic Times
2 days ago
- Business
- Economic Times
Breakout Stocks: How to trade Torrent Pharma, SBI Life and eClexr that hit fresh 52-week high?
Indian markets closed negatively for the second straight day, with the BSE Sensex dropping over 700 points and the Nifty50 falling below 24900. Healthcare saw buying interest, while oil & gas, power, utilities, and capital goods experienced selling pressure. Analysts suggest holding Torrent Pharma, considering buying SBI Life on dips, and avoiding eClerx due to potential reversal signals. Tired of too many ads? Remove Ads We spoke to an analyst on how one should look at these stocks the next trading day entirely from an educational point of view: Analyst: Kunal Kamble, Sr. Technical Research Analyst at Bonanza Torrent Pharma: HOLD Tired of too many ads? Remove Ads SBI Life Insurance: Buy On Dip Tired of too many ads? Remove Ads eClerx: Avoid The Indian market closed in the red for the second consecutive day in a row on Friday. The BSE Sensex fell more than 700 points while the Nifty50 closed below buying was seen in healthcare while selling was seen in oil & gas, power, utilities and capital that hit 52-week high include names like Torrent Pharma which rose more than 2%, SBI Life gained nearly 2% and eClerx pared gains and closed 0.3% lower on Pharma has given a breakout above the falling trendline (initiated on 23rd June 2025) and has now also surpassed its previous swing high, confirming a bullish rise in volume during the breakout session reflects strong buying interest at current levels. The price is trading above all key EMAs, which suggests the broader trend remains RSI has broken above its resistance zone, pointing toward rising momentum. On the directional front, DI+ is above DI-, and the ADX is trending higher, indicating growing strength in the ongoing up stock has opened the path for a potential upside towards 3800–4200. Hold long positions with a trailing stop-loss at Life is currently consolidating near its resistance zone, reflecting a tug-of-war between buyers and sellers. While buyers are showing interest on dips, the inability to surpass the resistance suggests hesitation at higher RSI flattening at the upper range signals a pause in momentum, and the directional indicators (DI+, DI-) are converging, which reflects a lack of clear a flat ADX confirms the absence of strength in the ongoing move. The stock is likely to remain range bound in the short term, but dips may continue to attract buying interest. Accumulation on declines could be is currently trading near its resistance zone and has formed a shooting star pattern on the weekly chart, which serves as an early indication of potential recent rise in price accompanied by declining volume reflects weakening conviction in the ongoing up move. The momentum indicator (RSI) is slipping from higher levels, suggesting a possible loss of setup indicates caution at current levels. A move above ₹3882, backed by strong volume, would be required to validate further upside. Avoid fresh entries at current levels. Wait for a breakout above ₹3882 with volume confirmation for any bullish consideration.: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
Time of India
2 days ago
- Business
- Time of India
Breakout Stocks: How to trade Torrent Pharma, SBI Life and eClexr that hit fresh 52-week high?
We spoke to an analyst on how one should look at these stocks the next trading day entirely from an educational point of view: Analyst: Kunal Kamble, Sr. Technical Research Analyst at Bonanza Torrent Pharma: HOLD Live Events SBI Life Insurance: Buy On Dip eClerx: Avoid (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel The Indian market closed in the red for the second consecutive day in a row on Friday. The BSE Sensex fell more than 700 points while the Nifty50 closed below buying was seen in healthcare while selling was seen in oil & gas, power, utilities and capital that hit 52-week high include names like Torrent Pharma which rose more than 2%, SBI Life gained nearly 2% and eClerx pared gains and closed 0.3% lower on Pharma has given a breakout above the falling trendline (initiated on 23rd June 2025) and has now also surpassed its previous swing high, confirming a bullish rise in volume during the breakout session reflects strong buying interest at current levels. The price is trading above all key EMAs, which suggests the broader trend remains RSI has broken above its resistance zone, pointing toward rising momentum. On the directional front, DI+ is above DI-, and the ADX is trending higher, indicating growing strength in the ongoing up stock has opened the path for a potential upside towards 3800–4200. Hold long positions with a trailing stop-loss at Life is currently consolidating near its resistance zone, reflecting a tug-of-war between buyers and sellers. While buyers are showing interest on dips, the inability to surpass the resistance suggests hesitation at higher RSI flattening at the upper range signals a pause in momentum, and the directional indicators (DI+, DI-) are converging, which reflects a lack of clear a flat ADX confirms the absence of strength in the ongoing move. The stock is likely to remain range bound in the short term, but dips may continue to attract buying interest. Accumulation on declines could be is currently trading near its resistance zone and has formed a shooting star pattern on the weekly chart, which serves as an early indication of potential recent rise in price accompanied by declining volume reflects weakening conviction in the ongoing up move. The momentum indicator (RSI) is slipping from higher levels, suggesting a possible loss of setup indicates caution at current levels. A move above ₹3882, backed by strong volume, would be required to validate further upside. Avoid fresh entries at current levels. Wait for a breakout above ₹3882 with volume confirmation for any bullish consideration.: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
Yahoo
5 days ago
- Business
- Yahoo
Industry-focused Specialist IT/ITES Firm eClerx Delivers Strong Q1 FY26 Performance
Revenue from operations increased to INR 934.6 crore in Q1FY25-26 as compared with INR 781.9 crore reported in Q1 FY24-25, up 19.5% YoY Revenue from operations grew to USD 109.2 million in Q1 FY25-26 in US Dollar terms, translating to a 17.1% increase over USD 93.3 million in Q1 FY24-25 Net profit came in at INR 141.7 crore for Q1 FY25-26 as against INR 111.6 crore in the year ago period, net profit margin for the quarter stood at 15.0% versus 13.9% in Q1 FY24-25 MUMBAI, India, July 25, 2025--(BUSINESS WIRE)--Mumbai-based specialist IT/ITES firm eClerx Services Ltd. has delivered robust results for the quarter ending 30th June 2025. The company reported a sequential and Y-o-Y growth in revenue numbers. Key highlights: Consolidated financial results reported for the quarter ended June 30, 2025 eClerx's consolidated revenue came in at INR 945.1 crore in Q1 FY2025-26 as compared to INR 803.1 crore in Q1 FY2024-25; increasing by 17.7% on a YoY basis. In U.S. Dollar terms, the company's operational revenue stood at USD 109.2 million versus USD 93.3 million in the corresponding period of the previous financial year, amounting to a 17.1% YoY growth. The company demonstrated strong margin performance; with earnings before interest, taxes, depreciation, and amortisation (EBITDA) increasing to INR 234.6 crore from INR 187.3 crore in Q1 FY24-25, amounting to a 25.3% YoY growth. For Q1 FY25-26, eClerx recorded a net profit of INR 141.7 crore, a 26.9% YoY growth over INR 111.6 crore reported in Q1 FY24-25. Basic earnings per share (EPS) for Q1 FY25-26 climbed to INR 30.16 from INR 23.13 in Q1 FY24-25 while Diluted EPS was at INR 29.64, up from INR 22.72 in the year ago period. The company also reported strong addition to headcount; with total delivery headcount of 20,261 in Q1 FY25-26, a 15.0% increase over the Q1 FY24-25 headcount of 17,624. Commenting on the company's financial performance in Q1 FY 2025-26, Mr. Kapil Jain, Managing Director and Group CEO at eClerx remarked, "Despite an uncertain macroeconomic environment, we delivered strong performance on both the revenue and margin front. Our pipeline remains healthy, and we continue to see momentum in deal pursuits and cross-sell initiatives. Our domain-centric approach and investment in productized services continue to resonate with clients." The Mumbai-based firm counts many Fortune 2000 companies amongst its list of clients. The company has been expanding its delivery footprint and has opened a delivery centre in Cairo in this quarter. The company has also continued with its trend of winning awards and investing in employee learning and development initiatives, notable examples of which are mentioned below. Key developments, initiatives and recognitions eClerx has been honored with the prestigious Financial Express CFO Award (FE CFO) in the Medium Enterprises Segment; underscoring the company's commitment to financial discipline, risk management, and sustainable growth eClerx's Chief Technology Officer, Mr. Sanjay Kukreja, has been honored as The Evangelist 100 by the Chief Security Officer Awards (CSO100) by Foundry (an IDG, Inc. Company) for his outstanding leadership in driving technology transformation and fortifying cybersecurity strategy About 8000 employees have been upskilled on Generative AI in partnership with the Technical University of Munich (TUM). TUM is a top ranked university in computer science and engineering. eClerx are also upskilling the entire technology team on GitHub Co-pilot in line with the CTO's vision to drive 25% productivity gain by leveraging AI code generation tools. About eClerx Services Ltd. eClerx provides business process management, automation and analytics services to a number of Fortune 2000 enterprises, including some of the world's leading financial services, communications, retail, fashion, media & entertainment, manufacturing, travel & leisure and technology companies. Incorporated in 2000, eClerx is today traded on both the Bombay and National Stock Exchanges of India. The firm employs about 20,400 people across Australia, Canada, Germany, India, Italy, Netherlands, Philippines, Singapore, Dubai, Thailand, Peru, UK and the USA. For more information, visit Disclaimer: Certain statements made in this release concerning our future growth prospects may be interpreted as forward-looking statements, which involve a number of risks and uncertainties that could cause the actual results to differ materially from those in such forward looking statements. Investors are requested to use their discretion in relying on them. We do not undertake to update any forward-looking statements that may be made from time to time. View source version on Contacts Srinivasan NadadhureClerx Services Sign in to access your portfolio
Business Wire
5 days ago
- Business
- Business Wire
Industry-focused Specialist IT/ITES Firm eClerx Delivers Strong Q1 FY26 Performance
MUMBAI, India--(BUSINESS WIRE)--Mumbai-based specialist IT/ITES firm eClerx Services Ltd. has delivered robust results for the quarter ending 30th June 2025. The company reported a sequential and Y-o-Y growth in revenue numbers. 'Despite an uncertain macroeconomic environment, we delivered strong performance on both the revenue and margin front. Our pipeline remains healthy, and we continue to see momentum in deal pursuits and cross-sell initiatives." Share Key highlights: Consolidated financial results reported for the quarter ended June 30, 2025 eClerx's consolidated revenue came in at INR 945.1 crore in Q1 FY2025-26 as compared to INR 803.1 crore in Q1 FY2024-25; increasing by 17.7% on a YoY basis. In U.S. Dollar terms, the company's operational revenue stood at USD 109.2 million versus USD 93.3 million in the corresponding period of the previous financial year, amounting to a 17.1% YoY growth. The company demonstrated strong margin performance; with earnings before interest, taxes, depreciation, and amortisation (EBITDA) increasing to INR 234.6 crore from INR 187.3 crore in Q1 FY24-25, amounting to a 25.3% YoY growth. For Q1 FY25-26, eClerx recorded a net profit of INR 141.7 crore, a 26.9% YoY growth over INR 111.6 crore reported in Q1 FY24-25. Basic earnings per share (EPS) for Q1 FY25-26 climbed to INR 30.16 from INR 23.13 in Q1 FY24-25 while Diluted EPS was at INR 29.64, up from INR 22.72 in the year ago period. The company also reported strong addition to headcount; with total delivery headcount of 20,261 in Q1 FY25-26, a 15.0% increase over the Q1 FY24-25 headcount of 17,624. Commenting on the company's financial performance in Q1 FY 2025-26, Mr. Kapil Jain, Managing Director and Group CEO at eClerx remarked, 'Despite an uncertain macroeconomic environment, we delivered strong performance on both the revenue and margin front. Our pipeline remains healthy, and we continue to see momentum in deal pursuits and cross-sell initiatives. Our domain-centric approach and investment in productized services continue to resonate with clients.' The Mumbai-based firm counts many Fortune 2000 companies amongst its list of clients. The company has been expanding its delivery footprint and has opened a delivery centre in Cairo in this quarter. The company has also continued with its trend of winning awards and investing in employee learning and development initiatives, notable examples of which are mentioned below. Key developments, initiatives and recognitions eClerx has been honored with the prestigious Financial Express CFO Award (FE CFO) in the Medium Enterprises Segment; underscoring the company's commitment to financial discipline, risk management, and sustainable growth eClerx's Chief Technology Officer, Mr. Sanjay Kukreja, has been honored as The Evangelist 100 by the Chief Security Officer Awards (CSO100) by Foundry (an IDG, Inc. Company) for his outstanding leadership in driving technology transformation and fortifying cybersecurity strategy About 8000 employees have been upskilled on Generative AI in partnership with the Technical University of Munich (TUM). TUM is a top ranked university in computer science and engineering. eClerx are also upskilling the entire technology team on GitHub Co-pilot in line with the CTO's vision to drive 25% productivity gain by leveraging AI code generation tools. About eClerx Services Ltd. eClerx provides business process management, automation and analytics services to a number of Fortune 2000 enterprises, including some of the world's leading financial services, communications, retail, fashion, media & entertainment, manufacturing, travel & leisure and technology companies. Incorporated in 2000, eClerx is today traded on both the Bombay and National Stock Exchanges of India. The firm employs about 20,400 people across Australia, Canada, Germany, India, Italy, Netherlands, Philippines, Singapore, Dubai, Thailand, Peru, UK and the USA. For more information, visit Disclaimer: Certain statements made in this release concerning our future growth prospects may be interpreted as forward-looking statements, which involve a number of risks and uncertainties that could cause the actual results to differ materially from those in such forward looking statements. Investors are requested to use their discretion in relying on them. We do not undertake to update any forward-looking statements that may be made from time to time.
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Business Standard
5 days ago
- Business
- Business Standard
eClerx Services zooms 7%, hits record on healthy Q1 results; details inside
eClerx Services share price: eClerx Services shares were buzzing in trade on Friday, July 25, 2025, with the scrip rising as much as 7.11 per cent to hit a fresh record high (all-time high) of ₹3,918.55 per share. Around 12:30 PM, eClerx Services share price was trading 2.1 per cent higher at ₹3,734.70 per share. In comparison, BSE Sensex was trading 0.82 per cent lower at 81,512.51 levels. CATCH STOCK MARKET LATEST UPDATES TODAY LIVE What sparked the rally in eClerx Services share price today? eClerx share price rose on the back of healthy results in the June quarter of financial year 2026 (Q1FY26). The profit after tax for the quarter ended June, 2025 was ₹141.7 crore, as compared with ₹111.6 crore in the previous year, reflecting an increase of 26.9 per cent year-on-year (Y-o-Y). In Q1FY26, eClerx reported operating revenue of ₹934.6 crore, up 19.5 per cent from ₹781.9 crore in the same quarter last year. In USD terms, operating revenue rose 17.1 per cent Y-o-Y to $109.2 million from $93.3 million. Total revenue, including other income, stood at ₹945.1 crore, marking a 17.7 per cent increase Y-o-Y. At the operating level, Ebitda came in at ₹234.6 crore, up 25.3 per cent Y-o-Y, while Ebit grew 27.1 per cent Y-o-Y to ₹197.7 crore. Ebitda and Ebit margin stood at 24.8 per cent and 20.9 per cent, respectively. eClerx Services dividend, record date eClerx Services had recommended a final dividend of ₹1 per equity share of ₹10 each for the financial year ended March 31, 2025. Therefore, the company has fixed Friday, August 22, 2025 as the record date for the purpose of determining entitlement of members for payment of final dividend for the financial year ended March 31, 2025, subject to the approval of shareholders. 'If the final dividend on equity shares, as recommended by the Board of Directors, is approved at the forthcoming AGM, such dividend will be paid, subject to deduction of tax at source, as applicable, on or after Wednesday, September 10, 2025,' eClerx Services said, in a statement. About eClerx Services Founded in 2000, eClerx Services is a global provider of business process management, automation, and data analytics solutions. The company partners with several Fortune 2000 enterprises, serving industry leaders across financial services, communications, retail, fashion, media & entertainment, manufacturing, travel & leisure, and technology sectors. Listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) of India, eClerx has a global workforce of around 20,400 employees, operating across key locations including India, the USA, UK, Canada, Australia, Germany, Italy, the Netherlands, Singapore, Dubai, and more.
