Team Lease Services Ltd
TEAMLEASE

893.00

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

893.00

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)
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Accumulate
Reco. Price
Rs 881.40

Last updated on 14-Jan-2017

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 22.2x FY17E earnings. (Target Price – 963)
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50 DMA (.)
884.98
100 DMA (.)
976.46
200 DMA (.)
972.84
Weekly Range (.)
865.05
939.00
Monthly Range (.)
851.25
974.80
52 Weeks Range (.)
806.65
1,209.45
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