NSE: ECLERX · 29 October 2026
- eClerx Services has fallen 13.03% over 2 trading sessions; today's move is -11.61%.
- eClerx Services Limited reported its financial results for the quarter ended September 30, 2026, posting consolidated total revenue of ₹12,126 million and a profit after tax of ₹1,804 million. Operating revenue for the quarter stood at $127.7 million, reflecting a constant currency year-on-year growth of 12.9%.
- Trading volume was 7.04 times the 20-day average daily volume.
eClerx Services share price: 13.03% decline over 2 trading sessions
eClerx Services Ltd. (ECLERX) fell sharply by 11.61% during the trading session, closing at ₹1,649.50 after opening at ₹1,800.00. The stock touched a day's low of ₹1,630.00 and a high of ₹1,800.00, trading near the lower end of its daily range.
While the broader market and sector benchmarks recorded gains, with the Nifty rising 1.05% and the Nifty IT sector benchmark advancing 0.99%, eClerx moved in the opposite direction. The stock's steep decline extended its recent losses, bringing its 5-day return down to -14.55% and its 20-day return to -6.79%, reflecting clear divergence from the positive sectoral trend.
The downward price action coincided with the release of the company's financial results for the quarter ended September 30, 2026, filed on October 28, 2026. eClerx reported consolidated total revenue of ₹12,126 million and a profit after tax of ₹1,804 million for Q2 FY27. Additionally, 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 report by Walker Chandiok & Co. LLP, which provided operational context for the session.
12.15 lakh shares traded by 29 October 2026 · 03:25 PM IST. This compares with a 20-day average daily volume of 1.73 lakh shares (7.04 times). The five-day average daily volume was 1.59 lakh shares. Separately, the NSE report for 28 October 2026 showed 38,630 shares delivered, representing 38.52% of that day’s traded volume. The same report recorded 13,943 trades.
The sharp 11.61% decline in eClerx shares coincided directly with the release of its Q2 FY27 financial results and heavy trading volumes exceeding 7 times its 20-day average, indicating significant market reaction to the quarterly numbers despite broader sector gains.
Latest Company Developments
eClerx Services Limited reported its financial results for the quarter ended September 30, 2026, posting consolidated total revenue of ₹12,126 million and a profit after tax of ₹1,804 million. Operating revenue for the quarter stood at $127.7 million, reflecting a constant currency year-on-year growth of 12.9%.
Quarterly earnings updates directly influence market valuation, revenue growth assessment, and investor sentiment.
The board approved the acquisition of an 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. Post-acquisition, the company will hold approximately 2% directly and 98% through eClerx LLC, with no change in aggregate ownership.
This intra-group restructuring is designed to provide working capital funds to eClerx LLC at an arm's-length valuation.
Acquisition of equity shareholding in Personiv Eclipse Inc., USA, step down subsidiary of the Company
a press release dated October 28, 2026, titled "eClerx s Q2 FY27 revenue at INR 1,212.6 crore, up by 17.1% YoY".
eClerx Services Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026.
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
Analyst Nagaraj Shetti included eClerx Services among short-term stock picks for investors.
What to Watch Next
- Management commentary and institutional participation trends following the Q2 FY27 earnings release
- Execution of the Personiv Eclipse Inc. subsidiary stake acquisition within the proposed one-month timeframe
- Volume and delivery percentage trends relative to the 20-day average volume after the recent price correction
- Client concentration and vertical-wise revenue growth sustainability across BFSI and CMT segments
More eClerx Services news and dated analysis →
Frequently Asked Questions
What is the latest eClerx Services company news?
eClerx Services Limited reported its financial results for the quarter ended September 30, 2026, posting consolidated total revenue of ₹12,126 million and a profit after tax of ₹1,804 million. Operating revenue for the quarter stood at $127.7 million, reflecting a constant currency year-on-year growth of 12.9%.
How strong was eClerx Services’s trading volume?
12.15 lakh shares traded, 7.04 times the 20-day average daily volume. The price and volume data are dated 29 October 2026 · 03:25 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.