You are here: Home » Markets » News
Equity mutual funds see Rs 10,000 cr-inflow in May, a 14-month high
Petronet LNG dips 7% on disappointing March quarter results
Business Standard

TeamLease Services rallies 17%, hits new high post March quarter results

The company said that its general staffing is back to pre-Covid levels of headcount and has surpassed pre-Covid revenue run rate

Topics
TeamLease Services | Buzzing stocks | Markets

SI Reporter  |  Mumbai 



TeamLease IPO subscribed 90% ahead of close

Shares of rallied 17 per cent to hit a record high of Rs 4,064.95 on the BSE in intra-day trade on Wednesday after the company reported a consolidated net profit at Rs 19.6 crore for the March quarter (Q4FY21) on the back of healthy operational performance. The company, one of India’s largest staffing companies, had posted a loss of Rs 29.4 crore in the year- ago quarter. The stock surpassed its previous high of Rs 3,884, touched on April 6, 2021.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Wed, June 09 2021. 14:09 IST

RECOMMENDED FOR YOU

.