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eClerx Services featured in Forbes '200 Best Under a Billion' list

eClerx Services Ltd (ESL), India's first listed KPO, has being included in Forbes magazine's annual '200 Best Under A Billion' list for 2008. This year, Forbes magazine reviewed 24,155 publicly-listed Asian companies with sales under USD 1billion and shortlisted 200 of the best companies judged on a number of performance criteria including growth in sales and profitability.

ESL provides data analytics and customized process solutions to global enterprise clients from its offshore delivery centres in India. It is also the only company featured in the list from the 'data analytics' segment. While there are four companies in the list from 'outsourcing' business, eClerx Services is only company from the emerging KPO business.

Commenting on the outcome of the survey, a delighted Mr. P D Mundhra - Executive Director, eClerx Services Ltd said, "it is a great honour to be selected into such a list and to be featured amongst a group of such reputable organizations. We have always considered ourselves thought-leaders and best-of-breed in our industry - such recognition only goes to further strengthen our commitment to our business model, our customers and our talented employees."

The Stock closed the day at Rs.141.05, down by Rs.8.85 or 5.90%. The stock hit an intraday high of Rs.147.75 and low of Rs.141.

The total traded quantity was 5672 compared to 2 week average of 3146.

Source: Equity Bulls

Posted On: 2008-09-23 09:09:11

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