Momentuminvesting5540

Team Lease Services Ltd | Momentum Swing Idea

Long
NSE:TEAMLEASE   TEAMLEASE SERVICES
Team Lease Services provides employment related services. It provides solutions for staffing, recruitment, training, payroll processing and regulatory compliance.

Market Cap ₹ 5,371 Cr. Current Price ₹ 3,195S tock P/E 50.4
ROCE 13.9 % ROE 14.4 % Debt to equity 0.14
Promoter holding 31.6 % Quick ratio 1.36 Current ratio 1.36
Piotroski score 5.00 Profit Var 3Yrs 45.9 % Sales growth 3Years 14.8 %
Pledged percentage 1.59 % Return on assets 6.54 %

This is momentum stock with unique business and future growth perspective great stock.
RSI also in positive trend ,if it sustained stock makes new high. This stock is make rounding bottom on top . so keep this stock in your watch list.

Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.

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