BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
HDFC Securities Maintains 'Buy' on TeamLease Services
Being the leader in the organised flexi-staffing market, TeamLease is well poised to reap the benefits of the shift from the unorganised to organised market, according to HDFC Securities. Macro tailwinds such as GST and labour reforms, expansion of organised businesses to Tier 2/3 cities, rising preference for organised staffing providers, and government-driven skill development initiatives will drive organised flexi-staffing over the next few years, the brokerage adds.