Dolat Capital upgraded Eclerx's rating to 'Buy' due to highest-ever deal wins, predicting a 33% upside.Eclerx showcased $51.2 million deal wins in Q4 and $140 million for FY25 with a strong YoY growth of ~54%.The company reaffirmed its wide FY26 Ebitda margin guidance of 24-28% despite wage hike pressure.Dolat Capital sees growth potential, revises rating to 'Buy' with a target price of Rs 4,200 valuing at 28x FY27E EPS.