Dolat Capital is bullish on eClerx Services and has recommended 'Accumulate' rating on the stock with a target price of Rs 1415 in its research report dated February 02, 2015.
"Eclerx continues on its modest quarterly performance and outlook as it witness persisted weakness in its top accounts across business segments. It has indicated moderation in growth, no shortlist inorganic opportunity (scanned 30 but none matching its offering/growth/OPM metrics) and pressure in the OPM which would mean sustained challenges for CY15 on all fronts. We believe sustained uncertainty in the business along with, likely onsite delivery inclusion and declining profitability remains a risk and would restrict its financial performance. We maintain our Underperform rating on the stock with a TP of INR 1415 (valued at 15x FY17E earnings). Accumulate the stock", says Dolat Capital research report.
For all recommendations, click here
Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
To read the full report click here
Anda sedang membaca artikel tentang
Accumulate eClerx Services; target Rs 1415: Dolat Capital
Dengan url
http://harmonisem.blogspot.com/2015/02/accumulate-eclerx-services-target-rs.html?m=0
Anda boleh menyebar luaskannya atau mengcopy paste-nya
Accumulate eClerx Services; target Rs 1415: Dolat Capital
namun jangan lupa untuk meletakkan link
Accumulate eClerx Services; target Rs 1415: Dolat Capital
sebagai sumbernya
0 komentar:
Posting Komentar