Satyam rebounds, ends up 3%
The scrip zoomed to a high of Rs 94 and finally ended at Rs 93, up 2.5% from the previous close. The counter clocked volumes of 30.16 million shares on the BSE as compared to the two-week daily average traded volume of 14.87 million shares . __________________________________________________ - No special favour given to Mahindra Satyam: Khurshid - Mah Satyam to repay funds of Geelong project - Satyam gets notices for Rs 1,230 cr worth claims - Mahindra Satyam to explore New Zealand market with Gen-i - Mahindra Satyam joins Symbian Foundation - L&T"s Satyam share sale pulls down scrip Sensex ends up 35pts Cox & Kings Q3 net jumps 88% to Rs 19 cr UCO Bank seeks shareholders" nod for fund raising Negative view on state-run oil cos: Fitch Jan cement sales in high double-digit After a weak opening on the Bombay Stock Exchange, the scrip tanked to a low of Rs 83.05, down 8.28% over its previous close. Shares of Satyam have been on a downtrend for the past four sessions, losing nearly 21% from its valuation on Friday last when the scrip was quoting at Rs 104.55. Marketmen said investors are booking profits in the stock amid the concerns over its financial health after the investigating agency CBI said on Tuesday that Satyam scam may stretch to a staggering Rs 14,000 crore, nearly double of what it was estimated to be earlier. On the National Stock Exchange the scrip was heavily beaten and plunged 9.25% to Rs 82.35. Over 1.49 crore shares of Mahindra Satyam changed on both the bourses within minutes of opening of trade. The Central Bureau of Investigation (CBI) has filed the second chargesheet in the multi-crore Satyam scam against its founder chairman B Ramalinga Raju and others, including the recently arrested internal auditor vs Prabhakar Gupta. The scrip was later quoting at Rs 87.25, down 3.64% on the BSE.Payday cash loan commented:
A good news for the people in stayam that atleast it is recovering form the losses
06.09.2011
payday loan commented:
I think satyam will recover soon with hikes,.Thanks for such updating post.
05.11.2011
cash till payday commented:
Satyam scam is very well known burning issue. I think they will further improve their part and performance.Thanks for such post.
08.11.2011
Multi Family Offices commented:
Satyam definitely is a good company and now they are more organized to achieve a specific target and attract other investors also.Thank for the post.
10.11.2011
Single Family Offices Asia commented:
Satyam is really a very good company and it will surely come forward and show us its availability.
11.11.2011
Mortgage Specialist commented:
Satyam is the biggest company in this country and they have surly examined all the operation takes place.Its good to see that the company has got good profit.
23.12.2011
Escort In Delhi commented:
Very nice information. Thanks to a person who wrote this.
29.12.2011