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Near-term headwinds likely to keep staffing solution companies muted

But valuations have turned attractive after sharp corrections since January

Topics
Quess Corp | SIS | TeamLease Services

Ram Prasad Sahu  |  Mumbai 



Security Services, SIS
A key worry for the sector is the muted near term outlook and cautious stance of managements given the headwinds for the technology sector

Stocks of staffing solution have underperformed the broader markets in November. While two of the leading in the space — and Services —are down 14-22 per cent, is down 7 per cent during the period. A mixed set of September quarter results for the 2022-23 (Q2FY23) and muted near-term outlook led to the decline.

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First Published: Thu, November 24 2022. 21:52 IST

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