28 smallcap stocks rally up to 35% last week despite volatile market
The data released on Thursday showed that inflation cooled off to a 12-month low of 5.72% in December, which led to hopes that the rate hike cycle of the Reserve Bank of India may not last long. Similarly in the US, consumer price inflation in December fell for the first time since May 2020
eClerx Services announces Rs 300 crore-share buyback; record date Dec 27
The total number of shares to be bought back in the repurchase will be up to 17,14,285 units, representing 3.38 % of the total shares in the paid up equity share capital of the company
Consistent performers! These 34 stocks rallied up to 65% in last 5 festive seasons
The list includes some blue-chip names, including Tech Mahindra, Bharti Airtel, Tata Steel and Wipro, which have outperformed consistently to deliver strong performance.
Buy eClerx Services, target price Rs 1680: ICICI Direct
For the quarter ended June 30, 2022, the company has reported a consolidated total income of Rs 639.85 crore, up 6.36 per cent from last quarter total income of Rs 601.57 crore and up 29.07 per cent from last year same quarter total income of Rs 495.75 crore.
"Nearly half the fiscal year has passed, so I expect the prevailing uncertainty to not materially impact FY23 performance. A slowdown, if at all there is one, may impact growth in FY24 and beyond. However, I think we will get a better view of the scenario a few months down the road."
Corporate Radar: BPCL, Sun Pharma to turn ex-dividend; AGMs, bonuses and more
Friday is the record date for dividends by Bombay Burmah Trading Corporation (Rs 1.2 per share), LG Balakrishnan (Rs 15 per share), Jagran Prakashan (Rs 4 per share), The Yamuna Syndicate (Rs 200 per share), Baid Finserv (Re 0.1 per share), Maral Overseas (Rs 2 per share), Shiva Mills (Rs 1.2 per share) and Starteck Finance (Re 0.25 per share) among others. The stocks went ex-dividend on Wednesday.
Corporate Radar: ABB India, MRF Q1 results; United Spirits, Hero MotoCorp AGMs, and more
United Spirits, Hero MotoCorp, EID Parry (India), Paushak and Unichem Laboratories will have their annual general meetings (AGM) today.The board of eClerx Services will meet today to consider a bonus issue while the board of JBM Auto and Capacit'e Infraprojects will meet today to consider a preferential issue.
eClerx rallies 14% as board to consider bonus share issue
eClerx provides critical business operations services to over 50 global Fortune 500 league clients, including some of the worlds leading companies across various sectors. The company had acquired Personiv, an outsourcing provider with over 35 years of experience with offices in the US, India and the Philippines. The acquisition would leverage synergies in digital and customer experience services.
As Accenture ups FY22 guidance, D-St analysts pick their top Indian IT bets
Accenture's strong Q3 performance and upward revision in local currency revenue growth guidance for FY22 indicate a robust demand environment, said Emkay Global, which added that broad-based healthy demand, steady revenue growth and healthy order booking in outsourcing (10.5 per cent YoY YTD) augur well for its Indian IT peers.
Markey May-hem: Steel, diagnostics, paints stocks hit most last month
The worst fall was seen in the steel sector. Two stocks Jindal Stainless and Jindal Stainless (Hisar) were the top index losers, falling 39 per cent and 38 per cent, respectively, for the month.
In 2020, Eclerx announced the acquisition of Personiv, an outsourcing provider with offices in the United States, India and the Philippines, for $34 million. It had previously acquired CLX in Europe in 2015 and Agilyst in 2012.
Buy eClerx Services, target price Rs 2900: ICICI Direct
eClerx Services Ltd., incorporated in the year 2000, is a Small Cap company (having a market cap of Rs 8835.63 Crore) operating in IT Enabled Services sector.
Buy eClerx Services, target price Rs 2700: Emkay Global
eClerx Services Ltd., incorporated in the year 2000, is a Small Cap company (having a market cap of Rs 7601.98 Crore) operating in IT Enabled Services sector.
Up to 215% rise in 1 year! Stocks common among top 5 smallcap schemes
The top five smallcap schemes — Quant Smallcap Fund (up 110 per cent), Kotak Smallcap Fund (up 96 per cent), L&T Emerging Businesses Fund (up 89 per cent), HDFC Smallcap Fund (up 88 per cent) and Nippon India Small Cap Fund (up 88 per cent) — have delivered up to 110 per cent returns in last one year.
The Board approved the proposal of buy back of fully paid-up equity shares of face value Rs.10 (Rupees Ten only) each of the Company ("Equity Shares") for an amount not exceeding
Rs.3,030 Millions (Rupees Three Thousand and Thirty Mi......read more
Biggest gainers & losers of the day: Godawari Power gains 20%, BHEL drops 12%
Adani Group stocks tumbled up to 25 per cent before recovering. BHEL tanked 12 per cent, but Godawari Power and e-Clerx Services continued the winning streak.
The week that was in 10 stocks: Shree Renuka Sugars zoomed 46%, Adani Power soared 40%
Adani Power soared over 40 per cent to Rs 148.3 in the previous week. Expectations of a revival in business activities led by lifting of restrictions has fuelled the counter. Also, there is a buzz that the company has cancelled its delisting plans.
Buy eClerx Services, target price Rs 1640: ICICI Direct
eClerx Services Ltd., incorporated in the year 2000, is a Small Cap company (having a market cap of Rs 4690.38 Crore) operating in IT Enabled Services sector.
eClerx Services rallies 20% after robust Q4 numbers
The company has delivered over 300 per cent return in the last one year from Rs 391.50 on June 12, 2020 to Rs 1,617.35 on Friday. The counter is up by 85 per cent in 2021 so far.
#ECLERX Consolidating within range for a week, But Average Volume Traded is less as Compared to its Earlier previous Volume, Buy Above 1039.2 or 1050 If it Breaks with Good Volume, With Sl Of 1002 which is PoC ,or SL 996 for target 1085, 1145, 1200.
Trade Setup For Friday: Top 15 Things To Know Before Opening Bell
The key support level for the Nifty is placed at 13,721.07, followed by 13,624.63. If the index moves up, the key resistance levels to watch out for are 13,906.07 and 13,994.63.
Buy eClerx Services; target of Rs 830: ICICI Direct
ICICI Direct is bullish on eClerx Services has recommended buy rating on the stock with a target price of Rs 830 in its research report dated November 06, 2020.
• Technocraft Industries, which is diversified into drum closures, scaffolding, form work, design & engineering and into yarn & fabrics with a 15MW power plant, has earned 46% higher profit in Q1FY21 and may end FY21 with an EPS of Rs 60......read more