TeamLease’s investor exodus: Can IT staffing bounce back amid mounting headwinds?
Once a darling of foreign institutional investors (FIIs), TeamLease has seen its FII ownership plunge from 42% in June 2022 to just 11% now. Meanwhile, domestic institutional investors (DIIs) are taking a contrarian stance, raising their stake from 16% to 48% over the same period. This divergence raises a key question: Is TeamLease still a…
