NSE: ECLERX · 4 November 2026
- eClerx Services has fallen 16.40% over 5 trading sessions; today's move is -0.99%.
- eClerx Services Limited submitted its consolidated and standalone un-audited financial results for the quarter and half-year ended September 30, 2026, reporting total quarterly revenue of INR 1,212.6 crore, up 17.1% year-on-year. Operating revenue (OPG) reached USD 127.7 million, while operating EBITDA stood at INR 2,839 million with a margin of 23.9%. Profit after tax for the quarter was reported at INR 1,804 million.
- Trading volume was 0.60 times the 20-day average daily volume.
eClerx Services share price: 16.40% decline over 5 trading sessions
eClerx Services Ltd. (ECLERX) declined by 0.99% on Tuesday, closing at ₹1,562.30 against its previous close of ₹1,578.00. The stock opened at ₹1,562.50, touched an intraday high of ₹1,598.40, and hit a low of ₹1,536.10 during the trading session.
The broader market showed positive momentum as the Nifty advanced 0.63%, whereas the IT sector benchmark declined by 1.50%. eClerx underperformed its sector peers during the trading day, extending a larger corrective phase that reflects a 16.40% decline over the trailing 5 trading days and an 18.63% pullback over the past 20 trading days from its 52-week high of ₹2,497.50.
Company fundamentals remain anchored by the financial results reported on October 28, 2026, where the company posted Q2 FY27 revenue of ₹1,212.6 crore, marking a 17.1% year-on-year growth. Alongside the earnings report, the board approved the acquisition of an approximately 2% equity stake in its US step-down subsidiary, Personiv Eclipse Inc., from eClerx LLC for a cash consideration of USD 1,639,121.40 based on a valuation by Walker Chandiok & Co. LLP, ensuring no change in ultimate aggregate ownership.
1.81 lakh shares traded by 4 November 2026 · 03:30 PM IST. This compares with a 20-day average daily volume of 3.02 lakh shares (0.60 times). The five-day average daily volume was 6.59 lakh shares. Separately, the NSE report for 4 November 2026 showed 89,576 shares delivered, representing 49.56% of that day’s traded volume. The same report recorded 29,130 trades.
The 0.99% decline appears consistent with broader downward pressure across IT sector stocks despite positive quarterly earnings previously reported in late October, with no new same-day catalyst identified.
Latest Company Developments
eClerx Services Limited submitted its consolidated and standalone un-audited financial results for the quarter and half-year ended September 30, 2026, reporting total quarterly revenue of INR 1,212.6 crore, up 17.1% year-on-year. Operating revenue (OPG) reached USD 127.7 million, while operating EBITDA stood at INR 2,839 million with a margin of 23.9%. Profit after tax for the quarter was reported at INR 1,804 million.
Quarterly earnings updates directly influence fundamental valuations by showcasing top-line expansion, margin resilience, and operational efficiency across core segments.
The Board of Directors approved the acquisition of approximately 2% equity shareholding in Personiv Eclipse Inc., USA, a step-down subsidiary, from eClerx LLC for a cash consideration of USD 1,639,121.40. Following this intra-group transaction, the company holds approximately 2% directly and 98% through eClerx LLC, maintaining no change in aggregate ownership while providing working capital funds to the subsidiary.
Intra-group restructuring and capital allocation actions affect subsidiary funding structures and corporate governance without altering overall economic interest.
a press release dated October 28, 2026, titled "eClerx s Q2 FY27 revenue at INR 1,212.6 crore, up by 17.1% YoY".
Acquisition of equity shareholding in Personiv Eclipse Inc., USA, step down subsidiary of the Company.
'Shareholders Communication – Deduction of Tax at Source on Dividend'.
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 23.91% on 30 September 2026. This compares with 22.92% on 30 June 2026, a change of +0.99 percentage points.
The filing reported 27 MF/UTI holders.
Research & Brokerage Views
Nagaraj Shetti of HDFC Securities highlighted eClerx Services as a short-term stock pick based on technical positioning and momentum indicators.
What to Watch Next
- Execution of integration and working capital deployment for step-down subsidiary Personiv Eclipse Inc.
- Client concentration trends in top 10 accounts currently standing at 60%
- Movement in foreign exchange hedges totaling USD 282.7 million at an average rate of INR 95.46/$
- Sustained delivery volume participation relative to the 20-day average volume of 0.60x
Other Dated Coverage
- eClerx Services Share Price Today: Falls 16.90% in 5 Trading Sessions | 3 November 2026 — 3 November 2026
- eClerx Services Share Price Today: Falls 15.02% in 3 Trading Sessions | 2 November 2026 — 2 November 2026
- eClerx Services Share Price Falls 10.27% Intraday, Closes 6.26% Lower | 30 October 2026 — 30 October 2026
More eClerx Services news and dated analysis →
Frequently Asked Questions
What is the latest eClerx Services company news?
eClerx Services Limited submitted its consolidated and standalone un-audited financial results for the quarter and half-year ended September 30, 2026, reporting total quarterly revenue of INR 1,212.6 crore, up 17.1% year-on-year. Operating revenue (OPG) reached USD 127.7 million, while operating EBITDA stood at INR 2,839 million with a margin of 23.9%. Profit after tax for the quarter was reported at INR 1,804 million.
How strong was eClerx Services’s trading volume?
1.81 lakh shares traded, 0.60 times the 20-day average daily volume. The price and volume data are dated 4 November 2026 · 03:30 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.