Multi Bagger - eClerx Services Ltd in Equity / Stocks - CMP : 750
eClerx Services Limited provides data analytics and solutions to global enterprise clients in the financial services, retail ...
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11-23-2010 09:30 PM
eClerx Services Ltd
CMP : 750
eClerx Services Limited provides data analytics and solutions to global enterprise clients in the financial services, retail and manufacturing industries. The Company offers data analytics, operations management, data audits, metrics management and reporting services.
I have been tracking eClerx Services from 630 levels. Its a good pick in IT mid-cap space. Revenues and PAT have been on the rise and is expected to continue. NPM of over 30 is very strong. Currently trading at a P/E of 20 and is looking good in the long run. It has run up in the last 2 weeks. Buy, hold and accumulate on dips.
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11-24-2010 10:54 AM
the NPM seems to be reducing every year. isnt that a concern?
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11-24-2010 11:28 AM
Originally Posted by
asterixobelix the NPM seems to be reducing every year. isnt that a concern?
its still pretty high ... Much better than loads of companies. If u come across any such companies, pls share. Will help my own investments.
As long as their revenues grow, little drop in NPM is not a concern
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11-24-2010 12:44 PM
at what levels i can accumulate? and how much are you expecting it to grow? i read some analysis that it could go up 90%. Do you also believe so?
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11-24-2010 01:06 PM
Originally Posted by
asterixobelix at what levels i can accumulate? and how much are you expecting it to grow? i read some analysis that it could go up 90%. Do you also believe so?
okay ... trying to predict to pin point accuracy will always bring trouble even with best of stocks ... I have always followed the below strategy and has worked fine for me.
1. Pick a good stock to buy.
2. Do a little chart analysis.
3. Buy some. If it goes up, good. If it dips, u can accumulate.
Similarly, pick some 5 stocks for u and you will always have some good stock to accumulate at lower levels.
With Eclerx, I believe its an excellent long term pick with great potentials. Buy, Accumulate and Hold ... I wud not want to sell. Not unless it saturates in Revenues / PAT.
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10-24-2011 05:05 PM
[eClerx Services Ltd.] net profit rises by 61% in Q2. Has delivered good results consistently ... A good buy in my view ...
Cheers!
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