General staffing to lead sales growth for India's TeamLease Services - Antique

Teamlease Services

04/09/2023 08:40

** Shares of India's TeamLease Services  TLSV.NS  up as much
as 3.24% at 2,533 rupees, hitting their highest level since July
3
    ** Antique Stock Broking raises PT to 3,800 rupees from
2,700 rupees 
    ** General staffing expected to see strong growth in coming
quarters, robust hiring in Q2/Q3 due to festive season -
brokerage
    ** Margin should improve from Q2 onward, Antique writes in a
note
    ** More than 26,000 shares changed hands at 1:08 p.m. IST,
0.8x 30-day avg
    ** Mean recommendation of 10 analysts covering the stock is
"buy"; median PT 2,800 rupees - LSEG data
    ** YTD, stock down 0.3% 

 (Reporting by Hritam Mukherjee in Bengaluru)
 ((Hritam.Mukherjee@thomsonreuters.com;))