Team Lease Services Ltd
TEAMLEASE

954.55

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954.75

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Accumulate
Reco. Price
Rs 953.00
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 24x FY17E earnings. (Target Price – 1042)
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50 DMA (.)
897.88
100 DMA (.)
898.78
200 DMA (.)
970.03
Weekly Range (.)
935.20
989.00
Monthly Range (.)
841.00
989.00
52 Weeks Range (.)
823.10
1,182.00
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