TeamLease Services soars on acquiring stake in Avantis Regtech

07 Apr 2020 Evaluate

TeamLease Services is currently trading at Rs. 1565.00, up by 25.15 points or 1.63% from its previous closing of Rs. 1539.85 on the BSE.

The scrip opened at Rs. 1565.10 and has touched a high and low of Rs. 1565.10 and Rs. 1539.70 respectively. So far 49 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3191.70 on 17-Oct-2019 and a 52 week low of Rs. 1421.35 on 31-Mar-2020.

Last one week high and low of the scrip stood at Rs. 1794.00 and Rs. 1421.35 respectively. The current market cap of the company is Rs. 2675.64 crore.

The promoters holding in the company stood at 40.03%, while Institutions and Non-Institutions held 52.19% and 7.78% respectively.

TeamLease Services has acquired 16.28% Equity stake in Avantis Regtech, a Company incorporated under the provisions of Companies Act 2013, and a Joint Venture of the Company. 19835 equity shares are allotted to company at Rs 1,603 each on April 03, 2020.

TeamLease Services is one of India’s leading providers of human resource services with a vision of Putting India to Work. The Employment services include staffing solutions, recruitment services and compliance services.

 

TeamLease Services Share Price

2739.00 -96.85 (-3.42%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
SIS 410.00
TeamLease Services 2739.00
RattanIndia Ent 69.15
Updater Services 319.90
BLS Internatl.Serv 314.15
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