Chart Of The Day – Twin Positives For Teamlease Services Sends The Stock Flying

Teamlease Services, ended the day with a gain of about 10% after the Company delivered solid Q2 FY2018 results. Revenues and earnings for the quarter rose by 21% and 98%, respectively. Further, adding to the investors cheer, the Company announced acquisition of a 40% stake in Schoolguru. As a result, the stock brokeout of a 9-week consolidation base.

Teamlease Services_MarketSmithIndia