ECLERX
eClerx Services Limited (NSE: ECLERX) climbs 5% intraday
eClerx Services Limited (NSE: ECLERX) stock moves up 5% intraday to ₹1400.3, showing a bounce from support but consolidating down per 6M trendline.
eClerx Services Limited (ECLERX) climbed +5% to ₹1400.3 on the NSE on 02 Jul 2026. The move comes as the stock shifted from bouncing from support to consolidating down, though it remains 10% below its 50-DMA. In the IT services sector, ECLERX’s rise appears company-specific rather than a sector-wide momentum play, given the weak overall trendline structure.
Technical setup — trendlines & DMA
Currently, ECLERX is trading above its 6M support trendline at ₹1324.01, sitting 5.45% higher, but well below the resistance trendline at ₹1607.65, which is 14.81% above today’s price. The 50-DMA at ₹1472.3 is above the 200-DMA at ₹1880.2, indicating a bearish trend. ECLERX is trading 9.50% below the 50-DMA and 29.14% below the 200-DMA, suggesting it has room to recover. Within its 52-week range of ₹1320.0 to ₹2497.5, the stock is in the lower third, 7% up from the 52-week low and 43.9% down from the 52-week high, implying there’s still some downside risk priced in.
Snapshot: ₹1,400.30 on 2026-07-02 (chart frozen at publication)
Fundamentals & business context
With a PE of 17.9 and profit margins at 17.2%, ECLERX appears reasonably valued considering its revenue CAGR of 15.8% over the past five years. The market seems to be pricing in steady growth rather than a turnaround, given the consistent revenue growth and good efficiency. Institutional holding at 32.3% suggests that smart money has a positive but cautious view on the stock. There was no NSE catalyst today driving the move, which appears to be technically driven.
Algorithmic scorecard
The overall algorithmic scorecard of 63 reflects a stock that is fundamentally strong but technically weak. The two strongest signals are the revenue CAGR of 15.8%, indicating very good growth, and the very low debt level with a D/E ratio of 0.16, showcasing excellent financial health. On the flip side, the two weakest signals are the negligible dividend yield of 0.04%, offering little income, and the bearish trend indicated by the 50-DMA being below the 200-DMA, signaling negative momentum. These contrasting signals highlight the stock’s potential for growth hindered by current technical headwinds.
Company outlook
Management outlined an optimistic forward guidance for ECLERX, expecting Q1 FY ’27 to be stronger sequentially than Q4 FY ’26. They aim to be in the top quartile of growth for FY ’27 and maintain EBITDA margin guidance between 24% to 28%. The company aspires to show year-on-year growth in deal bookings for FY ’27. Key initiatives include planned deployments of Agentic AI starting in Q1 FY ’27, training over 3,000 employees on Agentic AI and vibe coding, and focusing on tech and analytics as growth drivers for FY ’27 and FY ’28.
Get all details on ECLERX — P&L, peers, shareholding and more on TradeAlone.
ECLERX
Eclerx Services Limited (eclerx) Announces Acquisition of Regedge
eClerx Services Limited (ECLERX) announces acquisition of RegEdge, a boutique consulting firm, to enhance its risk and regulatory capabilities.
eClerx Services Limited (NSE: ECLERX) announced today the acquisition of RegEdge, a boutique consulting firm specializing in regulatory and risk management for financial institutions. This strategic move aims to deepen eClerx’s risk and regulatory capabilities, integrating AI, technology, and global delivery expertise to assist clients in navigating complex regulatory landscapes.
Strategic Expansion
The acquisition of RegEdge is part of eClerx’s strategy to expand its domain expertise and pursue new growth opportunities. Kapil Jain, CEO & Managing Director of eClerx, emphasized the importance of such acquisitions in enhancing the company’s service offerings. ‘We are pleased to welcome the RegEdge team to eClerx, and look forward to creating greater value for our clients,’ Jain stated.
Enhancing Regulatory Capabilities
RegEdge, founded in 2019, provides practical solutions to help financial institutions manage regulatory, risk, and compliance challenges. With this acquisition, eClerx aims to leverage RegEdge’s proprietary solutions and hands-on approach to offer more comprehensive services. Harshad Pitkar, Founder and CEO of RegEdge, expressed enthusiasm about the partnership, stating, ‘Becoming part of eClerx enables us to take our expertise to a wider range of institutions, while helping clients strengthen their compliance programs and respond more agilely to regulatory changes.’
As a global leader in AI-powered analytics and business process management, eClerx continues to strengthen its position in the market by integrating new capabilities and expanding its service offerings. This acquisition marks another significant step in eClerx’s growth strategy, focusing on delivering enhanced value to its clients.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of eClerx Services Limited
eClerx Services Limited belongs to the Technology › Information Technology Services sector. Here’s a quick read on where the business and the stock stand today.
eClerx rises 12.2% over three months, with buying pressure holding steady. Not a single revenue dip or loss quarter in five years — this is a business built to last through cycles. The business compounds revenue at 15.8% and profits at 13.0% CAGR. That is strong double-digit growth on both counts. Buyers show up with 1.5x the volume of sellers. Moreover, they dominated on 17 of recent sessions versus 13 for sellers — a healthy accumulation pattern. The business grows revenue at 15.8% and profits at 13.0%, with D/E of 0.16. The stock reflects that strength. Moreover, when fundamentals and price action align, the PEG of 1.94 premium is usually justified. Check Fundamentals of eClerx Services Limited.
ECLERX
Eclerx Services Limited (eclerx) Q2 FY27: Revenue and Profit Surge
eClerx Services Limited (ECLERX) reports strong Q2 FY27 results with revenue and profit growth, showcasing robust financial performance.
eClerx Services Limited (ECLERX) has unveiled its Q2 FY27 financial performance, marking a significant surge in both revenue and profit. The company reported a total revenue of INR 12,126 million, reflecting a 3.6% quarter-over-quarter growth. Notably, the Profit After Tax (PAT) increased by 9.8% to INR 1,804 million. The robust financial health of the company is further underscored by the consistent growth in key financial metrics.
Revenue Growth
The company’s operational performance is highlighted by a 20.7% year-over-year growth in OPG revenue, reaching INR 11,887 million. This growth is driven by a strong performance in the North American market, contributing 82% to the total revenue, followed by Europe at 14%.
Profitability Metrics
ECLERX’s profitability has also seen a positive trajectory. The EBITDA margin stood at 25.4%, while the EBIT margin was recorded at 20.8%. These metrics reflect the company’s efficient cost management and operational efficiency.
Forward-Looking Statement
Looking ahead, eClerx Services Limited remains optimistic about its future growth trajectory, driven by its expanding client base and diversified revenue streams across various geographies and industries.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of eClerx Services Limited
eClerx Services Limited belongs to the Technology › Information Technology Services sector. Here’s a quick read on where the business and the stock stand today.
eClerx rises 12.2% over three months, with buying pressure holding steady. Not a single revenue dip or loss quarter in five years — this is a business built to last through cycles. The business compounds revenue at 15.8% and profits at 13.0% CAGR. That is strong double-digit growth on both counts. Buyers show up with 1.5x the volume of sellers. Moreover, they dominated on 17 of recent sessions versus 13 for sellers — a healthy accumulation pattern. The business grows revenue at 15.8% and profits at 13.0%, with D/E of 0.16. The stock reflects that strength. Moreover, when fundamentals and price action align, the PEG of 1.94 premium is usually justified. Check Fundamentals of eClerx Services Limited.
ECLERX
eClerx Services Limited (ECLERX) retraces post-breakout gains, down 5% intraday
eClerx Services Limited (ECLERX) drops 5% intraday to ₹1762.8, showing pressure after a recent breakout. This pullback comes amid profit-taking.
eClerx Services Limited (ECLERX) breaks below support, falling -5% to ₹1762.8 on the NSE on 07 Aug 2026, backed by its Q1 FY27 financial report. The stock has breached its previous support line, marking a significant shift in its short-term trend. ECLERX operates in the technology sector, specifically information technology services, and today’s move appears to be company-specific rather than a reflection of broader sector momentum.
Technical setup — trendlines & DMA
ECLERX’s current chart structure shows a 6M support trendline at ₹2042.76, which the stock is now trading 15.88% below. Resistance is slightly higher at ₹2050.8, with the stock 16.34% below this level. The 50-DMA at ₹1573.6 is below the 200-DMA at ₹1836.8, indicating a bearish trend. However, the stock is currently trading above both moving averages, suggesting some recovery potential. In terms of its 52W range, ECLERX is positioned in the middle third, indicating that a substantial portion of its annual move is already priced in.
Snapshot: ₹1,762.80 on 2026-08-07 (chart frozen at publication)
Fundamentals & business context
With a PE of 25.2, ECLERX’s valuation appears to be pricing in future growth expectations, given its 16.8% profit margin and a robust 15.8% revenue CAGR over the past five years. The company’s 32.4% institutional ownership suggests that smart money has a positive outlook on its long-term prospects. There is no NSE catalyst today, so the move is likely driven by the Q1 FY27 financial report and technical factors.
Algorithmic scorecard
The overall algorithmic scorecard reflects a balanced view of ECLERX, with a slight lean towards fundamental strength. The two strongest signals are the company’s revenue CAGR of 15.8%, indicating very good growth, and its very low debt levels with a D/E ratio of 0.16, showcasing excellent financial health. On the flip side, the two weakest signals are the negligible dividend yield of 0.03%, offering little income to shareholders, and the stock’s bearish trend, as indicated by the 50-DMA being below the 200-DMA. These factors highlight both the growth potential and the risks associated with ECLERX’s current market position.
Company outlook
Management has outlined an optimistic forward guidance for ECLERX, aiming for top quartile growth for FY ’27 and maintaining an EBITDA margin guidance between 24% to 28% for the same fiscal year. They are also targeting year-on-year growth in deal bookings. The company plans to deploy Agentic AI starting Q1 FY ’27 and train over 3,000 employees on Agentic AI and vibe coding. The focus on technology and analytics is expected to drive growth for FY ’27 and FY ’28, positioning ECLERX for sustained expansion in the coming years.
Get all details on ECLERX — P&L, peers, shareholding and more on TradeAlone.
-
ECLERX3 days agoEclerx Services Limited (eclerx) Announces Acquisition of Regedge
-
Information Technology Services3 days agoLtm Limited (LTM) Introduces Ai-powered Quantum Error Mitigation to IBM Quantum Functions Catalog
-
RATEGAIN3 days agoRategain Travel Technologies Limited (NSE: Rategain) Partners with Uzbekistan Airways to Enhance Pricing Agility
-
Basic Materials2 days agoPrakash Industries Limited (prakash) Q2fy2027: Net Sales Up 24%, Ebitda Rises 30%
-
GREENPOWER3 days agoOrient Green Power Company Limited (greenpower) Q2 FY27: ₹106 Cr Net Profit, 76% Ebitda Margin
-
GAIL3 days agoGail (india) Limited Signs Mou with Krishak Bharati Cooperative for Andhra Pradesh Fertilizer Project
-
ABCAPITAL3 days agoAditya Birla Capital Limited (abcapital) Inaugurates its 100th Dedicated Gold Loan Branch
-
Credit Services3 days agoManappuram Finance Limited (manappuram) Unveils Strategic Vision and Performance in Q2 Fy2027 Investor Presentation