HDFC Mutual Fund increased its stake in eClerx Services from 8.40% to 8.73%, buying 303,115 shares. The stake is valued at approximately ₹55.25 Cr based on eClerx Services' share price of ₹1822.80.
A business process management and automation services provider, eClerx delivers outsourcing, automation, and analytics solutions to Fortune 2000 enterprises globally. The company serves clients across financial services, communications, retail, fashion, media, entertainment, manufacturing, travel, and technology sectors. Established in 2000, eClerx specializes in managing complex business operations and process optimization for multinational corporations seeking operational efficiency and cost effectiveness.
One of India's oldest and most trusted AMCs with over Rs 7.5 lakh crore in AUM. Founded in 1999 as a joint venture between HDFC Bank and Standard Life. MD and CEO Navneet Munot, formerly CIO of SBI MF, has reinforced the quality and compounding philosophy across equity schemes. HDFC Flexi Cap Fund and HDFC Mid-Cap Opportunities Fund are among the largest actively managed equity schemes in India.
