Eclerx

This is the company's second share buyback in as many years. It conducted one in October last year worth Rs 303 crore, buying back shares through the tender offer route at Rs 2,850 apiece.

eClerx Q1 PAT may dip 0.9% QoQ to Rs. 63.2 cr: Edelweiss

Net Sales are expected to increase by 0.7 percent Q-o-Q (up 9.1 percent Y-o-Y) to Rs. 363.5 crore, according to Edelweiss.

eClerx Q1 PAT seen up 7.2% QoQ to Rs. 69 cr: HDFC Securities

Net Sales are expected to increase by 4 percent Q-o-Q (up 12.7 percent Y-o-Y) to Rs. 375 crore, according to HDFC Securities.

Persistent Q4 PAT may dip 25.5% QoQ to Rs 68.3 cr: Edelweiss

Net Sales are expected to decrease by 3.6 percent Q-o-Q (up 5 percent Y-o-Y) to Rs. 763.4 crore, according to Edelweiss.

eClerx Q4 PAT seen up 14.8% QoQ to Rs 66 cr: Edelweiss

Net Sales are expected to increase by 2.5 percent Q-o-Q (up 5 percent Y-o-Y) to Rs. 348.2 crore, according to Edelweiss.

Market Update: Sensex, Nifty crack post Budget; IT, Pharma outperforms, ITC top gainer, SBI falls 1%

The market breadth was in favour of the declines on Friday morning with 222 stocks advancing while 1383 stocks declined and 409 stocks remained unchanged. On the BSE, 348 stocks advanced while 1766 stocks declined and 64 remained unchanged.

Market Update: CNX IT outperforms as TCS hits new 52-week high; GAIL top gainer, Bharti Airtel falls 4%

The market breadth was in favour of the declines on Wednesday morning with 384 stocks advancing as against 1220 declines while 405 remained unchanged. On the other hand, 673 stocks advanced and 1463 stocks declined while 87 remained unchanged on the BSE.

Expect increased movement in deal pipeline to continue: eClerx

eClers Services reported a steady quarter. In an interview to CNBC-TV18, Rohitash Gupta, CFO of the company spoke about the results and his outlook for the company.

Hold eClerx; target of Rs 1375: Axis securities

Axis securities has recommended hold rating on eClerx with a target price of Rs 1375 in its research report dated February 1, 2016.

Buy eClerx; target of Rs 1427:Karvy

Karvy is bullish on eClerx and has recommended buy rating on the stock with a target price of Rs 1427 in its research report dated February 2, 2016.

IT - Revenue growth continued to moderate, says Emkay

Emkay has come out with its report on IT sector. The research firm continues to see downside risks to industry growth expectations given a changing demand profile which is requiring change in sales and delivery orientation from the players. "Revenue growth continued to moderate", says the report.

Nifty ends below 8950; Sun Pharma, HUL top gainers

Sun Pharma, HUL, HDFC twins and Cipla were top gainers in the Sensex. Hindalco, Coal India, GAIL, TCS and Sesa Sterlite are major laggards.

BSE Sensex, Nifty firm; HDFC drops 3.5% post weak Q1 NIM

Equity benchmarks remained flat to positive while the broader markets slipped marginally. Technology, telecom, auto, FMCG and oil & gas stocks gained whereas financials, capital goods, power and metals stocks are under pressure.

IT sector update: Emkay

Emkay has raised its FY14 EPS est by 1-5% for Tier I IT Coverage universe driven by reset in currency assumptions (Rs 55/$ for FY14). Tier II companies see a 0-4% change in EPS estimates. The research firm upgrades Wipro to hold with a target price of Rs 360.

eClerx Q4 Net up 58% at Rs 48.16 crore

Mumbai-based eClerx services' consolidated net sales rose by 37 percent to Rs 174.33 crore in Q4 for 2012-13 fiscal.

On track for Q4 margins at over 30%: eClerx Services

"Our operating margin, which is what we focus on have been about 35 percent for the quarter and that is within our target range of low to mid-30s," says PD Mundhra, executive director, eClerx Services, in an interview to CNBC-TV18.

IT sector, billion dollar dream: Dolat Capital

Dolat Capital has come out with its report on IT sector. The research firm believes that IT sector has the potential to turn into billion dollar entities in the next few years.

Buy Amara Raja Batteries, eClerx, Wockhardt: Agarwal

In CNBC-TV18's popular show Bull's Eye, Abhishek Agarwal, Fortune Interfinance shares trading strategy of the day.

Largecap IT can give 20% returns on 1yr basis: JM Financial

Govind Agarwal of JM Financial has a positive bias on the IT sector. According to him, the largecap stocks in the IT sector can deliver about 20% returns on a one-year basis. He indicated that TCS has been performing well. JM Financial has a buy rating on MindTree and eClerx is their top pick in midcap space.