India's Teamlease Services jumps on quarterly profit rise
04/02/2026 09:32
** Shares of India's Teamlease Services TLSV.NS jump 11% to 1584.20 rupees ** One of India's top staffing firms posts 46.7% y/y rise in Q3 net profit to 417.2 million rupees ($4.62 million) ** Co's revenue from operations for the quarter jumps 3.2% year-on-year to 30.13 billion rupees ** Stock rated "strong buy" on avg by 11 analysts, median PT at 2220 rupees -- data compiled by LSEG ** TLSV dropped 46.8% in 2025, stock down ~8.4% so far in 2026 ($1 = 90.3250 Indian rupees) (Reporting by Surbhi Misra in Bengaluru) ((Surbhi.Misra@thomsonreuters.com | X: https://twitter.com/SurbhiMisra_ |;))
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