- Price is above the Trend Line, keeping the weekly tape constructive.
- Price is above Fair Value, showing premium demand versus the model.
- Activity pressure is positive on the latest completed week.
- Volume is elevated versus the 13-week average, confirming attention.
ECLERX
NSI
Week ended 24 Jul 2026
Weekly Investor Report
eClerx Services Limited · Technology · Information Technology Services
Latest close
1,862 INR
-6.0%
latest week
Weekly setup
Mixed setup
The weekly trend is not active. Price is 9.4% above the Trend Line and sits at 46.0% of its 52-week range. The latest completed week returned -6.0%, after a 32.5% four-week move. The latest factor snapshot indicates quality ranks strongly versus its universe; growth ranks strongly; valuation is neither clearly cheap nor expensive. The latest news-sentiment score is 56/100.
Setup score
56
out of 100
Latest Close
1,862 INR
24 Jul 2026
1W Return
-6.0%
latest completed week
4W Return
32.5%
short-term follow-through
12W Return
30.3%
quarterly tape
Trend Breadth
53.8%
28 of 52 weeks active
Volume Ratio
1.6x
vs 13-week average
- The trend backdrop is inactive, so price action has not confirmed a constructive regime.
- Activity pressure is weak, so confirmation is not yet broad enough.
- The share remains more than 20% below its 52-week high.
- The latest week was a sharp negative move.
- Trend Line remains the key weekly regime level.
- Activity pressure is the gauge to monitor for confirmation or fade.
- A volume ratio above 1.5x would show stronger participation in the next move.
Price follow-through
-6.0%
Latest completed week; four-week move 32.5%.
Indicator stack
30/100
Trend and activity pressure are weighted against the latest 12-week confirmation window.
Trend backdrop
Active
The trend backdrop defines the current weekly regime.
Patient Capital
Quiet
Activity-pressure buy-signal status for institutional accumulation timing.
News sentiment
56/100
33 relevant articles in the latest sentiment read.
01 · Price action
Study the full chart
Where price is—and whether the trend supports it
The weekly trend is not active. Price is 9.4% above the Trend Line and sits at 46.0% of its 52-week range. The latest completed week returned -6.0%, after a 32.5% four-week move.
52-week price path
Price vs Trend Line and Fair Value
Price
Trend Line
Fair Value
02 · Volume and demand
Is real participation confirming the move?
Latest weekly volume is 1.6x the 13-week average. Participation is unusually strong and confirms that the move is attracting attention.
26-week volume confirmation
Bar height shows volume; colour shows the weekly price direction
30 Jan
6 Feb
13 Feb
20 Feb
27 Feb
6 Mar
13 Mar
20 Mar
27 Mar
3 Apr
10 Apr
17 Apr
24 Apr
1 May
8 May
15 May
22 May
29 May
5 Jun
12 Jun
19 Jun
26 Jun
3 Jul
10 Jul
17 Jul
24 Jul
Up week
Down week
Demand beneath price
Activity pressure and institutional-style signals
These indicators assess whether participation is improving beneath the headline price move. They are supporting evidence, not proof of institutional buying.
Activity pressure path
Latest 0.2612-week average 0.14
12-week confirmation
Trend active0/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure7/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership2/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.26Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers0No reversal markers
No recent accumulation markers. No reversal markers.
03 · Momentum and leadership
Is performance persistent—and is the stock leading?
Performance is 32.5% over four weeks, 30.3% over 12 weeks, and 2.1% over one year. The current trend has remained active for 0 consecutive weeks.
Performance by holding period
Active trend streak0 weeks
Active weeks in one year28
Trend breadth53.8%
Activity pressure vs relative leadership
Activity pressureRelative leadership
Pressure1.19Latest activity-pressure read.
Pressure change1567.3%Four-week change in activity pressure.
Leadership2.88Latest relative-leadership reading.
RS change112.4%Four-week change in relative leadership.
04 · Fundamentals and valuation
Open full factor analysis
What investors are paying for—and the quality behind it
The latest factor snapshot indicates quality ranks strongly versus its universe; growth ranks strongly; valuation is neither clearly cheap nor expensive.
Factor week 26 Jul 2026
Financial statements through 31 Mar 2026
Field coverage 94%
Model confidence 90%
Relative factor standing
Higher display scores are better. Each score is converted from the underlying universe rank, where rank 1 is best.
Overall factor strength75/100Blend of value, momentum, and quality. Underlying universe rank 26; rank 1 is best.
Value40/100Relative valuation strength. Underlying universe rank 61; rank 1 is best.
Quality98/100Profitability and accounting quality. Underlying universe rank 3; rank 1 is best.
Momentum63/100Medium-term price momentum. Underlying universe rank 38; rank 1 is best.
Growth85/100Revenue and earnings growth. Underlying universe rank 16; rank 1 is best.
Quality and valuation are separate questions
A strong company can still carry a demanding valuation. This report shows profitability, growth, balance-sheet strength, and the price paid for those characteristics separately.
Value-quality framework71/100Value and quality alignment from the Sharemaestro SVQF framework.
Valuation
How much investors are paying for earnings, sales, and cash flow.
- P/E
- 24.3x Price divided by trailing earnings.
- Price / sales
- 4.2x Market value relative to trailing revenue.
- EV / EBITDA
- 14.6x Enterprise value relative to operating cash earnings.
- Free-cash-flow yield
- 4.5% Free cash flow as a share of enterprise value.
Business quality
Margins and the return generated on invested capital.
- Gross margin
- 36.4% Gross profit retained from each unit of revenue.
- Operating margin
- 21.3% Operating profit retained from revenue.
- Free-cash-flow margin
- 18.3% Free cash flow generated from revenue.
- Return on invested capital
- 29.2% Operating return generated on invested capital.
Growth and financial strength
Recent business growth and accounting strength.
- Revenue growth
- 22.3% Latest one-year revenue growth.
- EPS growth
- 33.2% Latest one-year earnings-per-share growth.
- Free-cash-flow growth
- 41.5% Latest one-year free-cash-flow growth.
- Piotroski F-score
- 7/9 Nine-point accounting-strength checklist.
Shareholder return and balance sheet
Cash returned to owners and financial leverage.
- Dividend yield
- 0.0% Cash dividends relative to market value.
- Buyback yield
- 3.0% Net share repurchases relative to market value.
- Shareholder yield
- 3.0% Dividend yield plus net buyback yield.
- Net debt / EBITDA
- -0.3x Balance-sheet debt relative to operating cash earnings.
05 · Ownership, options, and sentiment
What other market participants are doing
Options, insider transactions, market sentiment, and activity-pressure signals can confirm or challenge the price story. None should be used alone.
Insider activity-
No recent insider transactions are stored for this company.
News sentiment56/100
Weighted news tone is neutral across 33 relevant articles.
10 positive · 22 neutral · 1 negativePatient CapitalQuiet
Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal
06 · Catalysts and risk
What can move the shares—and how volatile the path has been
Event timing, options-implied movement, drawdown, and weekly return distribution frame the risk around the current setup.
Next earnings-No event is currently stored.
Options expected move-Nearest-chain priced movement where available.
52-week drawdown-25.5%Distance below the 52-week high.
13-week volatility9.3%Standard deviation of weekly returns.
Weekly gains and losses
Latest 26 completed weeksEach bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.
30 Jan
27 Feb
27 Mar
24 Apr
22 May
19 Jun
24 Jul
Weeks higher11 of 2615 weeks finished lower.
Best week+22.1%Week of 17 Jul.
Worst week-12.4%Week of 13 Feb.
Latest week-6.0%Week of 24 Jul.
Shape of recent returns
Strong gains8
Modest gains3
Flat weeks0
Modest losses5
Sharp losses10
Recent vol9.3%13-week weekly-return volatility.
Base vol7.0%52-week weekly-return volatility.
Up/down split27/25Count of positive and negative weeks in the 52-week window.
Average skew5.6% / -5.4%Average positive week versus average negative week.
07 · Sector and peer context
Is this stock leading—or simply moving with its group?
Sector and industry breadth distinguish company-specific strength from a broad group move.
SectorIN Technology
4-week rank3 / 100
Group average1.6%
Trend breadth52.0%
Trend52.0%active weekly trend signals
MD80.0%positive activity pressure
RS49.0%positive relative leadership
Four-week leaders
IndustryIN Information Technology Services
4-week rank1 / 67
Group average0.7%
Trend breadth25.4%
Trend25.4%active weekly trend signals
MD71.6%positive activity pressure
RS31.3%positive relative leadership
Four-week leaders
08 · Evidence and weekly data
The underlying research record
Every top-level statement above should be traceable to a stored market, fundamental, event, or positioning observation.
Weekly tape50/100
Trend, activity pressure, participation, and risk combine to a 50/100 tape read.
Indicator analysis28/100Latest 12-week confirmation: trend 0/12, activity pressure 7/12, relative leadership 2/12.
Activity pressure 0.26; No reversal markers Factors69/100O'Shaughnessy factor stack blends value, quality, momentum, and confidence.
Buyback Yield rank 2; Small Cap Core rank 51 SVQF71/100Value and quality alignment from the Sharemaestro SVQF framework.
Composite rank 457.5 of 1590 Patient CapitalQuietActivity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal Sentiment56/100Weighted news tone is neutral across 33 relevant articles.
eClerx Services Q1 Results: Board meeting set for Aug 5 to approve financials Insiders50/100No recent insider transaction evidence is stored.
Earnings50/100No stored earnings event is currently attached to this ticker.
| Week | Close | Return | Trend Line | Fair Value | Pressure | Leadership | Volume | Trend |
|---|---|---|---|---|---|---|---|---|
| 24 Jul 2026 | 1,862 INR | -6.0% | 1,701 INR | 1,524 INR | 1.19 | 2.88 | 2.9M | Off |
| 17 Jul 2026 | 1,980 INR | 22.1% | 1,717 INR | 1,518 INR | 0.86 | 7.09 | 5.3M | Off |
| 10 Jul 2026 | 1,622 INR | 8.9% | 1,726 INR | 1,511 INR | 0.40 | -11.66 | 1.6M | Off |
| 3 Jul 2026 | 1,489 INR | 6.0% | 1,747 INR | 1,506 INR | 0.16 | -19.16 | 3.1M | Off |
| 26 Jun 2026 | 1,404 INR | -1.0% | 1,778 INR | 1,502 INR | -0.08 | -23.16 | 936.6K | Off |
| 19 Jun 2026 | 1,419 INR | 1.6% | 1,807 INR | 1,498 INR | -0.12 | -22.45 | 242.0K | Off |
| 12 Jun 2026 | 1,396 INR | 1.2% | 1,834 INR | 1,494 INR | 0.06 | -22.59 | 118.5K | Off |
| 5 Jun 2026 | 1,380 INR | -8.5% | 1,861 INR | 1,491 INR | 0.10 | -22.89 | 186.3K | Off |
| 29 May 2026 | 1,508 INR | -4.4% | 1,886 INR | 1,487 INR | 0.19 | -16.67 | 727.2K | Off |
| 22 May 2026 | 1,578 INR | 6.4% | 1,915 INR | 1,483 INR | -0.09 | -13.60 | 2.5M | Off |
| 15 May 2026 | 1,483 INR | -11.1% | 1,936 INR | 1,478 INR | -0.44 | -18.55 | 2.2M | Off |
| 8 May 2026 | 1,669 INR | 16.8% | 1,955 INR | 1,472 INR | -0.57 | -10.44 | 2.6M | Off |
| 1 May 2026 | 1,429 INR | -2.7% | 1,967 INR | 1,466 INR | -0.97 | -22.39 | 650.7K | Off |
| 24 Apr 2026 | 1,468 INR | -10.0% | 1,985 INR | 1,461 INR | -1.06 | -19.77 | 1.9M | Off |
How to use this report
This is a completed-week research summary. It explains the available evidence and its conflicts; it does not predict a guaranteed outcome or replace your own risk assessment. Fundamental figures may refer to an earlier financial reporting period, which is shown above.