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ECLERX eClerx Services News Story

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IndustrialsAdventurousMid CapHigh Flyer

India's eClerx Services gains on Q2 profit jump

** eClerx Services ECLE.NS rises 5.9% to a record high of 4,710 rupees

** Co posts ~32% y/y jump in Q2 consol profit, ~21% rise in revenue, driven by strong performance in banking, financial services, insurance segment

** Announces share buyback worth 3 bln rupees ($34 mln)

** Stock rated "buy" on avg; median PT is 4,000 rupees, pr data compiled by LSEG

** YTD, ECLE gains 35%

($1 = 87.8950 Indian rupees)

 (Reporting by Manvi Pant)

 ((Manvi.Pant@thomsonreuters.com; +918447554364;))

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