Stocks to buy with Anil Singhvi: Sandeep Jain recommends eClerx Services today - Big Money Tip
Stocks to Buy With Anil Singhvi: In today's episode of 'Jain Sahab Ke Gems' show, stock market analyst Sandeep Jain, while speaking to Zee Business Managing Editor Anil Singhvi, named another stock for investors to make good gains from.
Stocks to Buy With Anil Singhvi: In today's episode of 'Jain Sahab Ke Gems' show, stock market analyst Sandeep Jain, while speaking to Zee Business Managing Editor Anil Singhvi, named another stock for investors to make good gains from. Today, he has recommended a stock that he said has the potential to give high returns to investors. The stock he picked today is eClerx Services Limited and here is why.
WATCH | Click on Zee Business Live TV Streaming Below:
eClerx Services Limited is engaged in providing Knowledge Process Outsourcing (KPO) services to global companies. The company provides data management analytics solutions and process outsourcing services to a host of global clients through a network of multiple locations in India and abroad.
WATCH FULL COVERAGE ON ZEE BUSINESS BELOW:
जैन सा'ब के GEMS...
जानिए संदीप जैन ने आज आकर्षक वैल्युएशंस और मजबूत फंडामेंटल वाले किस शेयर को चुना आपके मुनाफे के लिए?@AnilSinghvi_ @SandeepKrJainTS pic.twitter.com/PRgPQAiwqp
— Zee Business (@ZeeBusiness) June 2, 2021
In today's episode, market analyst Sandeep Jain said that eClerx Services Limited is one of the good companies in India. The fundamentals of this company are very strong and the PE multiple of its stock is 18. The return on capital employed (ROCE) is around 18-19 percent.
Also, promoters have 53-54 percent holdings in the company. Both FIIs and DIIs have increased the stakes in eClerx Services Limited. The company has done well in the last few quarters. At present, eClerx Services is available at very good levels," he further added.
eClerx Services Limited: Investors Strategy
On what should be the strategy that a stock market investor can maintain in regard to eClerx Services Limited shares, Jain told Anil Singhvi that eClerx Services Limited stock is currently trading around Rs 1,289.00 and one can target this stock at Rs 1,530.
10:59 AM IST