24 Nov 2025 | 5 Mins Read
Teamlease shares surge 11% on India's labor reform optimism
Flipitmoney
TeamLease Services shares rose 11% to Rs 1,840.65 after India's labour codes took effect November 21, expected to funnel billions from unorganised to formal workforce, benefitting staffing companies navigating complex regulatory frameworks. The Code on Social Security, 2020, requires online aggregators to contribute 1-2% of turnover to a dedicated social security fund.