ECLERX - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.2
| Stock Code | ECLERX | Market Cap | 15,109 Cr. | Current Price | 3,172 ₹ | High / Low | 4,995 ₹ |
| Stock P/E | 34.6 | Book Value | 307 ₹ | Dividend Yield | 0.03 % | ROCE | 28.8 % |
| ROE | 23.6 % | Face Value | 10.0 ₹ | DMA 50 | 4,102 ₹ | DMA 200 | 4,029 ₹ |
| Chg in FII Hold | 0.49 % | Chg in DII Hold | -1.19 % | PAT Qtr | 126 Cr. | PAT Prev Qtr | 110 Cr. |
| RSI | 19.7 | MACD | -318 | Volume | 1,56,758 | Avg Vol 1Wk | 1,40,063 |
| Low price | 2,116 ₹ | High price | 4,995 ₹ | PEG Ratio | -32.3 | Debt to equity | 0.18 |
| 52w Index | 36.7 % | Qtr Profit Var | 51.4 % | EPS | 91.8 ₹ | Industry PE | 22.0 |
📊 Analysis: ECLERX is trading at 3,172 ₹, well below both 50 DMA (4,102 ₹) and 200 DMA (4,029 ₹), showing strong bearish sentiment. RSI at 19.7 indicates oversold conditions, while MACD (-318) confirms heavy bearish momentum. Volume today (1,56,758) is slightly above average (1,40,063), reflecting active participation despite weakness. Fundamentals are strong with ROCE (28.8%), ROE (23.6%), and EPS (91.8 ₹), but valuation is stretched with P/E (34.6) compared to industry PE (22.0). PAT improved (110 Cr. → 126 Cr.), showing earnings growth, yet technicals remain weak.
- 💰 Optimal Buy Price: Around 3,150–3,170 ₹ (near support zone)
- 📈 Profit-Taking Levels: 3,220 ₹ (first resistance), 3,280–3,350 ₹ (next resistance if momentum improves)
- ⚠️ Stop-Loss: 3,120 ₹ (below intraday support)
⏱️ If Already Holding: Consider exiting near 3,220–3,280 ₹ if momentum weakens. If price fails to sustain above 3,150 ₹ with volume confirmation, exit defensively to protect capital.
✅ Positive
- Strong ROCE (28.8%) and ROE (23.6%) highlight excellent capital efficiency.
- Quarterly PAT improved (110 Cr. → 126 Cr.), showing earnings growth.
- EPS at 91.8 ₹ remains robust compared to peers.
- FII holdings increased (+0.49%), reflecting foreign investor confidence.
⚠️ Limitation
- Trading far below DMA levels — weak technical structure.
- RSI oversold but MACD heavily negative — momentum indicators not supportive.
- P/E (34.6) remains high compared to industry PE (22.0).
- DII holdings decreased (-1.19%), showing reduced domestic support.
📰 Company Negative News
- Stock remains far below 52-week high (4,995 ₹), reflecting long-term weakness.
- PEG ratio (-32.3) indicates poor growth prospects despite profitability.
🌟 Company Positive News
- Quarterly profit variation (+51.4%) highlights strong operational improvement.
- Low debt-to-equity ratio (0.18) ensures financial stability.
🏭 Industry
- Industry PE at 22.0 — sector is moderately valued compared to ECLERX’s premium.
- IT services/outsourcing sector benefits from global demand but faces margin pressures.
📌 Conclusion
ECLERX is a weak-to-moderate intraday candidate today. Buy near 3,150–3,170 ₹ with strict stop-loss at 3,120 ₹. Exit around 3,220–3,280 ₹ if momentum fades. While fundamentals are strong and profit growth is supportive, weak technicals and stretched valuation warrant defensive trading.
Would you like me to extend this into a peer benchmarking overlay against other IT outsourcing stocks (like Infosys BPM, WNS, Firstsource) to highlight relative intraday strength?