Sunday, June 8, 2025
Vertex Public
No Result
View All Result
  • Home
  • Business
  • Entertainment
  • Finance
  • Sports
  • Technology
  • Home
  • Business
  • Entertainment
  • Finance
  • Sports
  • Technology
No Result
View All Result
Morning News
No Result
View All Result
Home Business

TeamLease Providers block deal: Goldman Sachs sells shares price Rs 17 crore in smallcap inventory

News Team by News Team
February 25, 2025
in Business
0
TeamLease Providers block deal: Goldman Sachs sells shares price Rs 17 crore in smallcap inventory
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Goldman Sachs on Tuesday bought 89,314 shares price Rs 17.5 crore in smallcap inventory Teamlease Providers through a block deal. The shares had been bought through Goldman Sachs Funds – Goldman Sachs India Fairness Portfolio at a worth of Rs 1,960 per share.

Goldman Sachs holds stake in TeamLease Providers through three funds, specifically Goldman Sachs Funds – Goldman Sachs India Fairness Portfolio, Goldman Sachs Funds – Goldman Sachs Rising Markets Fairness Portfolio and Goldman Sachs Belief – Goldman Sachs Rising Markets Fairness Fund.

Previous to immediately’s block deal Goldman Sachs held 3,46,430 fairness shares representing 2.07% via Goldman Sachs India Fairness Portfolio as on December 31, 2024.

The opposite funds held 1,92,497 shares (1.15%) and 1,69,800 shares (1.01%), respectively on the finish of the December quarter.

Its holding within the January to March quarter will probably be up to date on the BSE in April.

Additionally Learn: Goldman Sachs sells total stake price Rs 95 crore on this smallcap inventoryTeamLease Providers is a supplier of human useful resource providers within the organised phase, delivering a broad vary of human useful resource providers to numerous industries. Its providers span the whole provide chain of human assets in India, masking features of employment, employability and schooling.The sell-off comes on the again of a lackluster efficiency by the inventory thus far in 2025, with the share worth eroding by 32% on the year-to-date foundation. Within the final one 12 months, the returns are down 33%.

TeamLease Providers shares have underperformed Nifty each on a YTD and 1-year foundation with latter’s returns standing at -5% in 2025 thus far whereas gaining 2% over a 1 12 months interval.

Additionally Learn: As much as 28% fall in a single month. Will US stagflation imply extra unhealthy information for Indian IT shares?

On Tuesday, the shares of TeamLease Providers closed at Rs 1975.45 on the BSE, gaining by Rs 18.60 or 1% over the Monday closing worth. The present downturn has engineered a fall within the counter beneath its 50-day easy shifting common (SMA) and 200-day SMA of Rs 2,555 and Rs 2,889, respectively.

(Disclaimer: Suggestions, recommendations, views and opinions given by the specialists are their very own. These don’t signify the views of Financial Occasions)

READ ALSO

SEBI corrects ‘board notice’ to ‘engagement notice’ in IndusInd insider buying and selling order

I simply financed a automotive for $15,000 at 14.89% APR — however then obtained a name saying my price is now 15%. What do I do?


Goldman Sachs on Tuesday bought 89,314 shares price Rs 17.5 crore in smallcap inventory Teamlease Providers through a block deal. The shares had been bought through Goldman Sachs Funds – Goldman Sachs India Fairness Portfolio at a worth of Rs 1,960 per share.

Goldman Sachs holds stake in TeamLease Providers through three funds, specifically Goldman Sachs Funds – Goldman Sachs India Fairness Portfolio, Goldman Sachs Funds – Goldman Sachs Rising Markets Fairness Portfolio and Goldman Sachs Belief – Goldman Sachs Rising Markets Fairness Fund.

Previous to immediately’s block deal Goldman Sachs held 3,46,430 fairness shares representing 2.07% via Goldman Sachs India Fairness Portfolio as on December 31, 2024.

The opposite funds held 1,92,497 shares (1.15%) and 1,69,800 shares (1.01%), respectively on the finish of the December quarter.

Its holding within the January to March quarter will probably be up to date on the BSE in April.

Additionally Learn: Goldman Sachs sells total stake price Rs 95 crore on this smallcap inventoryTeamLease Providers is a supplier of human useful resource providers within the organised phase, delivering a broad vary of human useful resource providers to numerous industries. Its providers span the whole provide chain of human assets in India, masking features of employment, employability and schooling.The sell-off comes on the again of a lackluster efficiency by the inventory thus far in 2025, with the share worth eroding by 32% on the year-to-date foundation. Within the final one 12 months, the returns are down 33%.

TeamLease Providers shares have underperformed Nifty each on a YTD and 1-year foundation with latter’s returns standing at -5% in 2025 thus far whereas gaining 2% over a 1 12 months interval.

Additionally Learn: As much as 28% fall in a single month. Will US stagflation imply extra unhealthy information for Indian IT shares?

On Tuesday, the shares of TeamLease Providers closed at Rs 1975.45 on the BSE, gaining by Rs 18.60 or 1% over the Monday closing worth. The present downturn has engineered a fall within the counter beneath its 50-day easy shifting common (SMA) and 200-day SMA of Rs 2,555 and Rs 2,889, respectively.

(Disclaimer: Suggestions, recommendations, views and opinions given by the specialists are their very own. These don’t signify the views of Financial Occasions)

Tags: BlockcroreDealGoldmanSachssellsServicesSharessmallcapStockTeamLeaseWorth

Related Posts

SEBI corrects ‘board notice’ to ‘engagement notice’ in IndusInd insider buying and selling order
Business

SEBI corrects ‘board notice’ to ‘engagement notice’ in IndusInd insider buying and selling order

June 8, 2025
I simply financed a automotive for $15,000 at 14.89% APR — however then obtained a name saying my price is now 15%. What do I do?
Business

I simply financed a automotive for $15,000 at 14.89% APR — however then obtained a name saying my price is now 15%. What do I do?

June 8, 2025
Bajaj Finance fixes June 16 as report date for 1:2 inventory cut up, 4:1 bonus fairness share
Business

Bajaj Finance fixes June 16 as report date for 1:2 inventory cut up, 4:1 bonus fairness share

June 8, 2025
Gallery: Music Enterprise Worldwide x Luminate’s Music Leaders’ Dinner at SXSW London
Business

Gallery: Music Enterprise Worldwide x Luminate’s Music Leaders’ Dinner at SXSW London

June 7, 2025
How Gaza’s meals queues become kill zones
Business

How Gaza’s meals queues become kill zones

June 7, 2025
Lufthansa Group proclaims resumption of Israel flights
Business

Lufthansa Group proclaims resumption of Israel flights

June 6, 2025
Next Post
Grimes requests extra privateness for her and Elon Musk’s youngsters: ‘I’m simply asking’ – Nationwide

Grimes requests extra privateness for her and Elon Musk’s youngsters: ‘I’m simply asking’ - Nationwide

POPULAR NEWS

Here is why you should not use DeepSeek AI

Here is why you should not use DeepSeek AI

January 29, 2025
From the Oasis ‘dynamic pricing’ controversy to Spotify’s Eminem lawsuit victory… it’s MBW’s Weekly Spherical-Up

From the Oasis ‘dynamic pricing’ controversy to Spotify’s Eminem lawsuit victory… it’s MBW’s Weekly Spherical-Up

September 7, 2024
Mattel apologizes after ‘Depraved’ doll packing containers mistakenly hyperlink to porn web site – Nationwide

Mattel apologizes after ‘Depraved’ doll packing containers mistakenly hyperlink to porn web site – Nationwide

November 11, 2024
PETAKA GUNUNG GEDE 2025 horror movie MOVIES and MANIA

PETAKA GUNUNG GEDE 2025 horror movie MOVIES and MANIA

January 31, 2025
2024 2025 2026 Medicare Half B IRMAA Premium MAGI Brackets

2024 2025 2026 Medicare Half B IRMAA Premium MAGI Brackets

September 16, 2024
SEBI corrects ‘board notice’ to ‘engagement notice’ in IndusInd insider buying and selling order
Business

SEBI corrects ‘board notice’ to ‘engagement notice’ in IndusInd insider buying and selling order

June 8, 2025
How A lot You Actually Want and How one can Save It
Finance

How A lot You Actually Want and How one can Save It

June 8, 2025
Anthropic releases customized AI chatbot for labeled spy work
Technology

Anthropic releases customized AI chatbot for labeled spy work

June 8, 2025
NIGHTBEAST 1982 sci-fi horror movie evaluations free on-line MOVIES and MANIA
Entertainment

NIGHTBEAST 1982 sci-fi horror movie critiques free on-line

June 8, 2025
I simply financed a automotive for $15,000 at 14.89% APR — however then obtained a name saying my price is now 15%. What do I do?
Business

I simply financed a automotive for $15,000 at 14.89% APR — however then obtained a name saying my price is now 15%. What do I do?

June 8, 2025
Nathan Rourke shines as Lions beat Elks to cap Week 1 of CFL season
Sports

Nathan Rourke shines as Lions beat Elks to cap Week 1 of CFL season

June 8, 2025
Vertex Public

© 2025 Vertex Public LLC.

Navigate Site

  • About Us
  • Privacy Policy
  • Disclaimer
  • Contact Us

Follow Us

No Result
View All Result
  • Home
  • Business
  • Entertainment
  • Finance
  • Sports
  • Technology

© 2025 Vertex Public LLC.