Team Lease Services Ltd
TEAMLEASE

874.95

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Turnover (lac)
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Day's Vol.(shares)

877.70

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Turnover (lac)
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Accumulate
Reco. Price
Rs 868.00
We recommend ACCUMULATE on the stock on account of recent acquisitions and break-even of new services. The Indian flexi staffing industry is also growing and will boost its revenues. We value stock at 21.8x FY17E earnings. (Target Price – 949)
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50 DMA (.)
889.16
100 DMA (.)
929.61
200 DMA (.)
972.25
Weekly Range (.)
850.00
920.70
Monthly Range (.)
850.00
1,007.35
52 Weeks Range (.)
823.10
1,182.00
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