Fan Site: Inspired, Not Endorsed, By Rakesh Jhunjhunwala

Kotak Inst Eqt on Teamlease
Reduce, Target Price cut to Rs 3215 from Rs 3735
Margin pressures may not recede in near term as smaller players revive & aggressively compete on monthly markups/margins in both general & specialized staffing
Trim FY2024/25 EPS by 13-15%

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Disclaimer: This is a Fan Site in Rakesh Jhunjhunwala's name. Rakesh Jhunjhunwala is not associated with us and is in no way aware, accountable or responsible for what is stated here. Further, nothing here constiutes investment advice for you to act on. Also, we have a vested interest, and are extremely biased, in everything that we say. So Mind It!