Operating revenue for the quarter ended June 30, 2020, was Rs 336.6 crore, down 5.1 per cent YoY.
Knowledge Process Outsourcing (KPO) services provider eClerx Services on Monday said its board has approved a buyback programme worth up to Rs 109.5 crore
ICICI Securities believe the company has potential to do a buyback in the range of Rs 200-250 crore, which is around 10- 15 per cent of the company's market cap
The stock hit 52-week high of Rs 1,590, up 16% on the BSE in noon deal, after the company announced that its board approved buyback of shares at price of Rs 2,000 per share through tender offer.
The company fixed October 28, 2016 as the record date for ascertaining entitlement for buyback of equity shares.
The stock surged 9% to Rs 1,775, also its 52-week high on the BSE in early morning trade.