India's TeamLease Services drops on block deal at discount

Teamlease Services

27/02/2025 09:31

** TeamLease Services TLSV.NS slips 4% to 1,900.15 rupees, lowest since August 2020

** Goldman Sachs Funds sells TLSV shares worth 175 mln rupees ($2 mln) in a block deal - exchange data

** Block deal at 1,960 rupees, below Tuesday's close of 1,980.05 rupees

** Indian markets were shut on Wednesday for a local holiday

** Stock rated "buy" on avg; media PT is 3,150 rupees - LSEG

** YTD, TLSV down 32%

($1 = 87.2425 Indian rupees)

 (Reporting by Manvi Pant in Bengaluru)

 ((Manvi.Pant@thomsonreuters.com; +918447554364;))