ECLERX - Swing Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

Swing Trade Rating: 4.5

📊 Analysis Summary

Eclerx Services Ltd (ECLERX) is a very strong candidate for swing trading, backed by excellent technical momentum, solid fundamentals, and institutional buying. While the PEG ratio suggests a premium valuation, the stock is in a clear uptrend and shows signs of continued strength.

✅ Strengths

Fundamentals

ROCE: 29.1% & ROE: 23.8% — highly efficient operations.

EPS: ₹116 — strong earnings base.

Debt to Equity: 0.16 — low leverage.

Book Value: ₹470 — solid asset backing.

Valuation

P/E: 32.0 — in line with industry average.

PEG Ratio: 3.41 — slightly expensive, but acceptable for momentum trades.

Quarterly Performance

PAT Qtr: ₹142 Cr. vs ₹152 Cr. — slight dip, but overall trend is strong.

Qtr Profit Var: +26.8% — excellent year-over-year growth.

Technical Indicators

RSI: 62.5 — bullish, approaching overbought but still safe.

MACD: +75.7 — strong upward momentum.

Price above DMA 50 (₹3,460) and DMA 200 (₹3,121) — confirms uptrend.

Institutional Activity

FII Holding ↑ 0.04%

DII Holding ↑ 0.92% — strong domestic interest.

52W Index: 89.0%

Near 52-week high — strong relative strength.

⚠️ Weaknesses

Volume Drop

Current volume (87.6K) < Avg volume (2.14L) — slight decline in participation.

Dividend Yield: 0.03%

Minimal income potential — not ideal for yield seekers.

🎯 Optimal Entry Price

Entry Zone: ₹3,650–₹3,700

Slight pullback near DMA 50 offers a good entry with momentum intact.

Confirmation

Maintain RSI > 60 and MACD positive with volume recovery.

🚪 Exit Strategy (If Already Holding)

Exit Target: ₹3,900–₹3,950

Near all-time high — ideal swing target before potential resistance.

Stop Loss: ₹3,460

Below DMA 50 — protects against trend reversal.

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