eClerx Services Ltd Hits Intraday High with 7.56% Surge on 29 Jan 2026

Intraday Trading Highlights

The stock of eClerx Services Ltd, a key player in the Commercial Services & Supplies sector, demonstrated strong upward momentum throughout the trading session. It touched a day’s high of Rs 4,813.65, representing an 8.88% increase intraday, before settling with a 7.56% gain. This surge was accompanied by elevated volatility, with an intraday volatility of 5.15% calculated from the weighted average price, indicating active trading interest and price fluctuations during the session.

Notably, eClerx Services Ltd outperformed its sector, which gained 2.33% on the day, by a margin of 6.17%. The stock’s performance also contrasted sharply with the broader market, as the Sensex declined by 0.37% to close at 82,038.68 points. This divergence highlights the stock’s relative strength amid a generally subdued market environment.

Over the past three trading days, eClerx Services Ltd has recorded consecutive gains, accumulating an 11.41% return in this period. This streak underscores sustained buying interest and positive price action over the short term.

Technical and Moving Average Analysis

From a technical standpoint, eClerx Services Ltd is trading comfortably above its key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This alignment suggests a strong upward trend across multiple timeframes, reinforcing the stock’s current bullish momentum.

The stock is also trading close to its 52-week high of Rs 4,985.95, currently just 3.72% below this peak level. This proximity to the yearly high indicates that the stock is maintaining strength near its upper trading range, which can be a positive indicator of sustained demand.

Comparative Market Context

While eClerx Services Ltd advanced sharply, the broader market showed signs of weakness. The Sensex opened flat but declined by 330.28 points during the session, closing down 0.37%. Several indices, including NIFTY PSE, NIFTY CPSE, and NIFTY METAL, however, reached new 52-week highs, reflecting selective sectoral strength.

Despite the Sensex trading below its 50-day moving average, the 50DMA remains above the 200DMA, indicating a longer-term positive trend for the benchmark index. Against this backdrop, eClerx Services Ltd’s outperformance is particularly notable.

Performance Metrics Over Various Timeframes

eClerx Services Ltd’s recent price action is part of a broader pattern of strong returns. The stock’s 1-day gain of 7.78% contrasts with the Sensex’s 0.35% decline. Over one week, the stock has risen 9.51%, while the Sensex fell 0.31%. The one-month and three-month returns stand at 3.14% and 2.76% respectively, both outperforming the Sensex’s negative returns of -3.12% and -3.46% over the same periods.

Longer-term performance remains robust, with the stock delivering a 51.84% return over the past year compared to the Sensex’s 7.22%. Over three years, eClerx Services Ltd has surged 238.93%, vastly outpacing the Sensex’s 38.30%. The five-year and ten-year returns are even more pronounced, at 631.09% and 410.37% respectively, compared to the Sensex’s 77.28% and 229.93% gains.

Mojo Score and Ratings Update

According to MarketsMOJO’s latest assessment dated 13 Jan 2026, eClerx Services Ltd holds a Mojo Score of 78.0 with a current Mojo Grade of Buy. This represents a slight downgrade from its previous Strong Buy rating, reflecting a recalibration of the stock’s outlook based on recent data. The company’s Market Cap Grade stands at 3, indicating a mid-sized market capitalisation within its sector.

Sector and Industry Context

eClerx Services Ltd operates within the Commercial Services & Supplies industry, specifically in the BPO/ITeS sector, which gained 2.33% on the day. The stock’s outperformance relative to its sector peers highlights its distinct trading strength amid a broadly positive sectoral environment.

The company’s market capitalisation and trading volumes have supported this price action, with the stock exhibiting high liquidity and active participation from market participants during the session.

Summary of Trading Action

In summary, eClerx Services Ltd’s strong intraday performance on 29 Jan 2026 was characterised by a significant price surge to Rs 4,813.65, a 7.56% close-to-close gain, and sustained momentum over multiple days. The stock’s ability to outperform both its sector and the broader market indices amid volatile trading conditions underscores its current market strength.

Trading above all major moving averages and near its 52-week high, the stock remains a notable performer within the Commercial Services & Supplies sector. The recent Mojo Grade adjustment to Buy from Strong Buy reflects a nuanced view of the stock’s valuation and momentum, while its long-term returns continue to outpace benchmark indices by a wide margin.

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