📅 eClerx Services Limited Seasonality

eClerx Services Limited (ECLERX) has ended October higher in 12 of the last 18 years (67%), with an average October move of +1.6%. The strongest October was 2013 (+18.5%) and the weakest was 2008 (-18.2%).

ECLERX · data since 2008 (19 yrs) Prices through 16 Oct 2026
12/18
Octobers closed higher
+1.6%
Avg October move
+7.5%
October so far
April
Best month · avg +8.1%
February
Weakest month · avg -5.9%
19
Years of history
Current month: October 2026 historically up 67% of years (12/18) avg +1.6% best 2013 +18.5% worst 2008 -18.2% so far +7.5%

eClerx Services Limited's historically strongest month is April — up in 16 of 19 years (84%) with an average gain of +8.1%. The weakest month has been February, averaging -5.9% with gains in only 3 of 19 years.

📊 Average return by month

2008–2026 · completed months only
Bars above the zero line are months ECLERX typically gained; hover for hit rates.

🗓️ Month-by-month returns (2008–2026)

dashed cell = current month to date
Year JanFebMarAprMayJunJulAugSepOctNovDec
Avg +0.5-5.9-1.1+8.1+1.0+4.3+5.3+7.1-2.0+1.6+6.5+3.2
Up % 42%16%37%84%47%53%68%63%47%67%67%61%
2026 -0.9 -31.8 -12.5 +3.0 +5.5 -12.1 +39.3 +7.1 -7.9 +7.5 · ·
2025 -12.2 -7.3 -2.0 -9.4 +40.8 -1.2 +7.6 +12.1 -4.9 +17.7 -3.7 +3.2
2024 +5.2 -7.5 -6.1 +4.1 -10.9 +10.3 -1.0 +21.2 +3.6 -3.2 +19.8 -0.1
2023 +13.5 -4.0 -7.5 +5.0 +20.2 -0.3 +5.8 -5.5 +10.9 +8.7 +36.7 -3.2
2022 -10.0 -8.5 +10.2 +1.5 -15.6 -5.5 +13.2 -3.1 +1.5 -7.4 +9.7 -11.7
2021 +11.9 -6.0 +18.7 +13.0 +1.1 +53.8 +15.8 +0.8 -4.4 +0.8 +0.4 +19.4
2020 +11.3 -14.2 -32.7 +27.3 -14.7 +12.5 +7.6 +46.7 -0.3 -1.1 +4.6 +21.9
2019 +0.0 -3.5 +10.8 -0.3 -18.5 -17.8 -22.2 -24.4 -3.5 +3.9 +17.5 +7.0
2018 -4.0 -9.3 -12.2 +11.1 -0.9 -1.6 -0.6 -17.0 -1.2 +0.4 -4.7 +6.0
2017 +8.0 -10.8 +4.6 -7.8 +0.3 +1.3 -1.8 -2.5 -1.3 +2.6 +7.4 +14.3
2016 -0.9 -6.2 -1.8 +1.6 +8.0 +1.4 +7.7 +3.5 -6.6 +1.0 -1.2 -6.7
2015 -1.9 +0.3 +23.2 +0.6 -0.9 -5.8 +2.2 +12.6 -5.1 +15.2 -0.1 +3.8
2014 +14.4 +9.3 -20.4 +14.3 -9.7 +5.9 +14.8 +5.3 +2.4 -6.8 -3.1 +3.9
2013 -8.6 -3.0 -0.6 +1.1 +15.3 +1.8 +1.6 +18.2 +1.6 +18.5 +8.3 -1.8
2012 +4.3 +5.2 -3.0 +0.0 -15.5 -2.3 +12.2 +14.6 +1.5 -11.8 +6.9 -6.1
2011 -5.2 -4.7 -0.8 +8.6 +9.6 +10.0 -4.1 -8.0 +0.8 +2.4 -2.7 -5.0
2010 +8.5 -4.4 +15.8 +9.1 -7.3 +20.4 +10.0 +21.0 +9.2 +4.6 +15.2 +3.3
2009 +0.0 +0.0 +18.2 +44.5 +21.6 +31.7 +3.5 +32.0 +4.1 +2.5 +2.4 +7.3
2008 -24.6 -5.4 -23.0 +26.1 -9.7 -20.1 -11.5 -0.5 -38.8 -18.2 +2.8 +1.6

🏆 Top 25 seasonal picks — October 2026

ranked walk-forward on historical consistency · median stock so far: -1.9%
#StockRecordWin %Avg returnSo far
1 MUTHOOTFIN Muthoot Finance Limited 13/15 yrs up 87% +4.4% -5.1%
2 POKARNA Pokarna Limited 9/10 yrs up 90% +9.7% +1.2%
3 STYRENIX Styrenix Performance Materials Limited 18/22 yrs up 82% +3.7% +2.3%
4 TBZ Tribhovandas Bhimji Zaveri Limited 12/14 yrs up 86% +12.3% +19.5%
5 RAMCOCEM The Ramco Cements Limited 17/22 yrs up 77% +0.6% -4.8%
6 OBEROIRLTY Oberoi Realty Limited 12/15 yrs up 80% +6.1% -3.5%
7 PDSL PDS Limited 9/11 yrs up 82% +9.4% -2.8%
8 MCX Multi Comm. Exc. 11/14 yrs up 79% +8.9% -4.2%
9 INDOTECH Indo Tech Transformers Limited 15/20 yrs up 75% +6.7% -3.8%
10 SUZLON Suzlon Energy Limited 15/20 yrs up 75% +4.8% +6.4%
11 RSYSTEMS R Systems International Limited 15/20 yrs up 75% +4.2% -6.6%
12 IFBAGRO IFB Agro Industries Limited 16/22 yrs up 73% +11.7% -3.1%
13 GMDCLTD Gujarat Mineral Development Corporation Limited 16/22 yrs up 73% +8.5% -7.2%
14 USHAMART Usha Martin Limited 16/22 yrs up 73% +6.0% -1.5%
15 GSFC Gujarat State Fertilizers & Chemicals Limited 16/22 yrs up 73% +4.6% -1.3%
16 ICICIBANK ICICI Bank Limited 16/22 yrs up 73% +4.5% +5.7%
17 SHRIRAMFIN Shriram Finance Limited 16/22 yrs up 73% +2.8% -4.3%
18 KABRAEXTRU Kabra Extrusion Technik Limited 16/22 yrs up 73% +2.2% +0.4%
19 HIRECT Hind Rectifiers Limited 14/19 yrs up 74% +4.7% -2.7%
20 TI Tilaknagar Industries Limited 12/16 yrs up 75% +9.5% +2.0%
21 KECL Kirloskar Electric Company Limited 12/16 yrs up 75% +8.0% -1.9%
22 IMFA Indian Metals & Ferro Alloys Limited 12/16 yrs up 75% +8.0% -0.9%
23 DBREALTY Valor Estate Limited 12/16 yrs up 75% +7.4% -9.7%
24 ATULAUTO Atul Auto Limited 10/13 yrs up 77% +8.3% -5.6%
25 MINDTECK Mindteck (India) Limited 8/10 yrs up 80% +5.1% -2.8%
“So far” = return in the current (incomplete) period. Full methodology and the past-performance record of these lists: Seasonality hub →
Current quarter: Q4 2026 historically up 67% of years (12/18) avg +11.6% so far +7.5%

By quarter, Q2 (Apr–Jun) has been the strongest for ECLERX: up in 12 of 19 years, averaging +15.2%. Q1 (Jan–Mar) has been the softest (-6.1% on average). The current quarter (Q4) has historically closed higher 67% of the time.

📊 Average return by quarter

Q1 = Jan–Mar … Q4 = Oct–Dec
Calendar quarters, close-to-close. Hover for hit rates.

🗓️ Quarter-by-quarter returns

dashed cell = current quarter to date
Year Q1Q2Q3Q4
Avg -6.1+15.2+11.6+11.6
Up % 42%63%74%67%
2026 -40.9 -4.5 +37.4 +7.5
2025 -20.3 +26.1 +14.7 +16.9
2024 -8.7 +2.2 +24.4 +15.8
2023 +0.9 +25.9 +10.9 +43.8
2022 -9.2 -19.0 +11.3 -10.2
2021 +24.9 +75.7 +11.7 +20.7
2020 -35.7 +22.1 +57.3 +26.0
2019 +6.9 -33.3 -43.2 +30.7
2018 -23.5 +8.2 -18.4 +1.4
2017 +0.7 -6.3 -5.5 +26.0
2016 -8.6 +11.3 +4.1 -6.9
2015 +21.3 -6.1 +9.2 +19.5
2014 -0.4 +9.3 +23.9 -6.2
2013 -11.9 +18.6 +22.0 +25.9
2012 +6.4 -17.4 +30.5 -11.5
2011 -10.4 +30.9 -11.1 -5.4
2010 +20.1 +21.7 +45.3 +24.4
2009 +18.2 +131.4 +42.1 +12.6
2008 -45.1 -9.0 -46.1 -14.6

🏆 Top 25 seasonal picks — Q4 2026

ranked walk-forward on historical consistency · median stock so far: -1.9%
#StockRecordWin %Avg returnSo far
1 RHIM RHI MAGNESITA INDIA LIMITED 13/14 yrs up 93% +14.0% -3.8%
2 APOLLOHOSP Apollo Hospitals Enterprise Limited 19/22 yrs up 86% +6.2% -3.4%
3 RSYSTEMS R Systems International Limited 17/20 yrs up 85% +24.7% -6.6%
4 STAR Strides Pharma Science Limited 18/22 yrs up 82% +6.3% -6.7%
5 DRREDDY Dr. Reddy's Laboratories Limited 18/22 yrs up 82% +4.5% +0.0%
6 PROZONER Prozone Realty Limited 12/14 yrs up 86% +19.8% -3.9%
7 POLYMED Poly Medicure Limited 12/14 yrs up 86% +9.2% -4.8%
8 INDOTECH Indo Tech Transformers Limited 16/20 yrs up 80% +23.2% -3.8%
9 TI Tilaknagar Industries Limited 13/16 yrs up 81% +22.7% +2.0%
10 FIEMIND Fiem Industries Limited 15/19 yrs up 79% +14.2% +2.2%
11 BSOFT BIRLASOFT LIMITED 17/22 yrs up 77% +21.8% +17.1%
12 SONATSOFTW Sonata Software Limited 17/22 yrs up 77% +20.2% -4.0%
13 FACT Fertilizers and Chemicals Travancore Limited 17/22 yrs up 77% +20.1% -3.3%
14 TVSHLTD TVS Holdings Limited 17/22 yrs up 77% +15.4% -5.0%
15 APARINDS Apar Industries Limited 17/22 yrs up 77% +15.1% -7.8%
16 STYRENIX Styrenix Performance Materials Limited 17/22 yrs up 77% +11.0% +2.3%
17 EPL EPL Limited 17/22 yrs up 77% +10.4% -2.1%
18 TORNTPHARM Torrent Pharmaceuticals Limited 17/22 yrs up 77% +8.5% -5.0%
19 WIPRO Wipro Limited 17/22 yrs up 77% +8.4% +16.3%
20 HINDALCO Hindalco Industries Limited 17/22 yrs up 77% +7.6% -3.6%
21 VTL Vardhman Textiles Limited 17/22 yrs up 77% +7.4% -0.5%
22 HDFCBANK HDFC Bank Limited 17/22 yrs up 77% +6.2% +2.8%
23 COROMANDEL Coromandel International Limited 17/22 yrs up 77% +5.9% +0.0%
24 ASIANPAINT Asian Paints Limited 17/22 yrs up 77% +4.3% -2.9%
25 JPOLYINVST Jindal Poly Investment and Finance Company Limited 10/12 yrs up 83% +34.9% +2.1%
“So far” = return in the current (incomplete) period. Full methodology and the past-performance record of these lists: Seasonality hub →
❓ ECLERX seasonality — FAQ
How often does eClerx Services Limited rise in October?
Historically ECLERX has closed October with a gain in 12 out of 18 years — a 67% hit rate — averaging +1.6% for the month (data since 2008).
Which is the best month to buy eClerx Services Limited historically?
Based on 19 years of data, April has been ECLERX's strongest month: positive in 84% of years with an average return of +8.1%. Past seasonality does not guarantee future results.
Which is the weakest month for eClerx Services Limited?
February has historically been the weakest month for ECLERX, with an average move of -5.9% and gains in just 3 of 19 years.
Which quarter is historically strongest for eClerx Services Limited?
Q2 (Apr–Jun) — positive in 12 of 19 years with an average return of +15.2%.
Does seasonality guarantee future returns?
No. Seasonality is a historical tendency, not a prediction. It reflects how a stock happened to trade in past calendar periods and can break at any time. Use it as one research input alongside fundamentals and technicals, and consult a SEBI-registered adviser before investing.

Methodology: returns are close-to-close over calendar months and quarters, computed from adjusted daily prices since 2008. A period's return is only counted when the immediately preceding period also traded. Statistics cover completed periods; the current period is shown separately as “so far”. Seasonality is a historical tendency, not a prediction or investment advice. Consult a SEBI-registered adviser before investing.

⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI