The cabinet has given an approval to help of 900 crores for the project. The BHEL’s stock seems benefiting that aid as it took a big jump in the opening session. The company’s stock has already gained around 1% hike today and expected to perform better in upcoming future. HDFC Mutual fund has bought 1.87% stakes in Teamlease and Morgan Stanley has bought 1.44% stakes in Teamlease, while India advantage fund has bought 5.32% stakes in Teamlease. After a big jump in the opening, the Teamlease’s stock is currently trading with the loss of 0.74%.
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