Monday, November 5, 2007

CRISIL IPO grade 3/5 assigned to IPO of eClerx Services

CRISIL has assigned a CRISIL IPO Grade '3/5' (pronounced 'three on five') to the proposed initial public offer of eClerx Services Ltd (ESL). This grade indicates that the fundamentals of the issue are average, in relation to other listed equity securities in India.

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