eClerx Services' Shares Rise 3.9% as Buyback Price Increases

eClerx Services shares rose 3.9 per cent on the BSE, logging an intra-day high at ₹4,642.65 per share. The buying on the counter came after the company increased the buyback price.At 10:08 AM,eClerx Services’ share pricewas trading 1.73 per cent higher at ₹4,544.45 per share on BSE. In comparison, the BSE Sensex was down 0.10 per cent at 84,591.09.The company has a total market capitalisation of ₹21,654.47 crore. Its 52-week high was at ₹4,953.25, and its 52-week low was at ₹2,116.The board has increased the buyback price from ₹4,500 per equity share to ₹4,800.“We wish to inform that the Buy Back Committee of the Board of Directors of the Company vide resolution passed on December 16, 2025, inter alia, approved ...the Buy Back Price has been increased from ₹4,500 (Rupees Four Thousand Five Hundred only) per Equity Share to ₹4,800 (Rupees Four Thousand Eight Hundred only) per Equity Share,” the filing read.Also ReadStock Market LIVE: Sensex down 130 pts, Nifty nears 25,800 as HDFC, ICICI Bank weigh; SBI gains 1%Centrum Broking initiates with 'Buy' on KFin Tech; Check outlook, targetNephrocare Health makes positive D-street debut; shares list at 6% premiumIndian Overseas Bank slips 3% as govt launches up to 3% stake sale via OFSStocks to Watch today, Dec 17: Ola Electric, Vedanta, HDFC Bank, Akzo NobelAccordingly, the maximum number of equity shares proposed to be bought back by the company has been consequently reduced to 6,25,000, representing up to 1.31 per cent of the total paid-up equity shares of the company.The board of directors of the company at its meeting held on Friday, October 24, 2025, unanimously approved the proposal of buy back of not exceeding 6,66,666 fully paid-up equity shares of face value ₹10 each of the company of an amount not exceeding ₹300 crore.On December 5, 2025, the board approved and fixed Wednesday, December 17, 2025, as the record date for buyback of shares.A buyback of shares, also known as a share repurchase, is a corporate action where a company buys back its own outstanding shares from the open market or directly from its shareholders.eClerx Services, incorporated in 2000, provides business process management, automation and analytics services to a number of Fortune 2000 enterprises, including some of the world's leading financial services, communications, retail, fashion, media and entertainment, manufacturing, travel & leisure and technology companies.