Team Lease Services Ltd
TEAMLEASE

1,070.05

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

1,060.00

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Turnover (lac)
Prev. Close ()
Day's Vol.(shares)
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Accumulate
Reco. Price
Rs 1042.00
We recommend ACCUMULATE on the back of strong growth prospectus in flexi-staffing to drive top-line. Further, acquisition and penetration into high yield business to boost PAT. The stock is trading at 22.9x on FY19E earnings. (Target Price– Rs.1140)
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50 DMA (.)
946.22
100 DMA (.)
916.39
200 DMA (.)
979.25
Weekly Range (.)
970.35
1,131.15
Monthly Range (.)
924.50
1,131.15
52 Weeks Range (.)
823.10
1,182.00
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