Goldman Sachs holds stake in TeamLease Companies by way of 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 in the present day’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 seemingly be up to date on the BSE in April. Additionally Learn: Goldman Sachs sells total stake value Rs 95 crore on this smallcap stockTeamLease Companies is a supplier of human useful resource companies within the organised phase, delivering a broad vary of human useful resource companies to numerous industries. Its companies span the whole provide chain of human assets in India, masking elements 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 value eroding by 32% on the year-to-date foundation. Within the final one yr, the returns are down 33%.
TeamLease Companies 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 yr interval.
Additionally Learn: As much as 28% fall in a single month. Will US stagflation imply extra dangerous information for Indian IT shares?
On Tuesday, the shares of TeamLease Companies closed at Rs 1975.45 on the BSE, gaining by Rs 18.60 or 1% over the Monday closing value. The present downturn has engineered a fall within the counter under its 50-day easy transferring common (SMA) and 200-day SMA of Rs 2,555 and Rs 2,889, respectively.
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