Eclerx Services surges 4% on robust Q2 earnings

The Group has posted a net profit after taxes, minority interest and share of profit of associates of Rs. 927.209 mn for the quarter ended September 30, 2015 where as the same was at Rs. 622.918 mn for the quarter ended September 30, 2014.

Shares of Eclerx Services Ltd were higher by 4% at Rs. 1886. The Group has posted a net profit after taxes, minority interest and share of profit of associates of Rs. 927.209 mn for the quarter ended September 30, 2015 where as the same was at Rs. 622.918 mn for the quarter ended September 30, 2014.

Total Income is Rs. 3398.850 mn for the quarter ended September 30, 2015 where as the same was at Rs. 2422.593 mn for the quarter ended September 30, 2014.

The scrip opened at Rs. 1868 and has touched a high and low of Rs. 1926.95 and Rs. 1867.15 respectively. So far 53187(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 5523.29 crore.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1949.15 on 23-Oct-2015 and a 52 week low of Rs. 1172.3 on 10-Dec-2014. Last one week high and low of the scrip stood at Rs. 1900 and Rs. 1793.9 respectively.

The promoters holding in the company stood at 52.24 % while Institutions and Non-Institutions held 39.12 % and 8.64 % respectively.

The stock is currently trading below its 50 DMA.