ECLERX - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 3.6
| 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 |
📊 ECLERX shows cautious potential for swing trading. The RSI at 19.7 indicates extreme oversold conditions, suggesting a possible rebound, while MACD (-318) reflects strong bearish momentum. The stock is trading well below both 50 DMA (4,102 ₹) and 200 DMA (4,029 ₹), showing significant weakness. Fundamentals are mixed: ROCE (28.8%) and ROE (23.6%) highlight efficiency, but high P/E (34.6 vs. industry 22.0) and negative PEG ratio (-32.3) raise caution. The optimal entry price would be near 3,100–3,150 ₹. If already holding, consider exiting around 3,600–3,700 ₹ if momentum improves.
✅ Positive
- Strong ROCE (28.8%) and ROE (23.6%) show efficient capital use.
- Quarterly PAT growth (126 Cr. vs 110 Cr.) highlights improvement.
- EPS at 91.8 ₹ supports earnings visibility.
- FII holdings increased (+0.49%), showing foreign investor confidence.
⚠️ Limitation
- RSI at 19.7 indicates oversold but also signals weakness.
- MACD strongly negative, confirming bearish short-term trend.
- Stock trading far below both 50 DMA and 200 DMA.
- Dividend yield at 0.03% offers minimal shareholder returns.
📉 Company Negative News
- DII holdings decreased (-1.19%), showing reduced domestic support.
- Stock has corrected sharply from its 52-week high (4,995 ₹).
📈 Company Positive News
- Quarterly profit variation at 51.4% highlights strong growth momentum.
- EPS at 91.8 ₹ reflects strong earnings base.
🏭 Industry
- Industry P/E at 22.0, lower than ECLERX’s 34.6, suggesting sector is moderately valued while ECLERX trades at a premium.
- IT and outsourcing sector remains resilient with global demand for digital and analytics services.
🔎 Conclusion
ECLERX is a cautious swing trade candidate with strong fundamentals but weak technicals. Entry near 3,100–3,150 ₹ offers a favorable risk-reward setup. Exit strategy should target 3,600–3,700 ₹ if momentum reverses. Traders should closely monitor technical recovery and institutional sentiment before committing heavily.