India's Eclerx Services jumps to four-month high after Q3 earnings rise

eClerx Services

03/02/2023 04:44

** Shares of Eclerx Services  ECLE.NS  rise as much as 4.28%
to 1,515 rupees, their highest in over four months
    ** Uptick comes after the in I.T. services management
provider reported 22% rise in Q3 consol net profit, post market
hours on Thursday 
    ** Operating  profit jumped 20% 
    ** Trading volume at 45,706 shares as of 10:07 a.m. IST,
1.1x the 30-day avg of 43,248 shares
    ** All eight analysts tracking the company maintain 'buy;'
median TP is 1712.50 rupees: Refinitiv data
($1 = 82.1300 Indian rupees)
 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; Mobile:
+919769003463))