TeamLease Services is currently trading at Rs. 2164.20, down by 124.80 points or 5.45 % from its previous closing of Rs. 2289.00 on the BSE.
The scrip opened at Rs. 2310.00 and has touched a high and low of Rs. 2310.00 and Rs. 2156.00 respectively. So far 1524 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. 2408.00 and Rs. 2156.00 respectively. The current market cap of the company is Rs. 3728.81 crore.
The promoters holding in the company stood at 40.02%, while Institutions and Non-Institutions held 54.36% and 5.52% respectively.
TeamLease Services has acquired an additional around 36.17% stake in School Guru Eduserve (Schoolguru), a company incorporated under the provisions of Companies Act, 1956 and an erstwhile Associate of the Company. Pursuant to the said acquisition, the company now holds 76.37% stake in Schoolguru hereby rendering Schoolguru as a Subsidiary of the company with effect from September 08, 2020. The objects of acquisition are strengthening of the existing pool of business, creating new product offerings, possible cost synergies by integrating the horizontals and net margin expansion for TeamLease.
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.
