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ECLERX eClerx Services News Story

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IndustrialsAdventurousMid CapHigh Flyer

India's eClerx Services falls as Q3 profit declines

** 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)
 ((VivekKumar.M@thomsonreuters.com))

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