Satyam Computer’s surprises the investors
The rapidly with Which the stock market has marked up the price of Satyam Computer after it’s Provisional Financials were revealed.
Satyam Computer’s cheered the markets by announcing revenues of over Rs. 2000 Crore and profit of Rs. 181 Crore for the October and December quarter.
The Government can take credit of having salvaged a company hit by one of India’s Biggest Corporate scams, in nearly four months.
Tech Mahindra has reason to cheer as they may benefit by receiving a preferential allotment of shares at a discount to the market Price. Not only has bagged a large- sized software company at a valuation of less than one time its annual revenue, the investors has already appreciated 38 per cent over its cost price.
The Indian IT Firm on Thursday announced that up to 10,000 employees or about a fourth of the staff , will join a virtual pool.
Re: Satyam Computer’s surprises the investors
yeah.. definitely the stock will boom now.. already it has moved frm 65 to 83 today...in jst 1 weeks time... also the stock which is listed at nasdaq is also booming...
Re: Satyam Computer’s surprises the investors
hai........ hows.................... :)
Re: Satyam Computer’s surprises the investors
hope satyam...succeed and give opportunities back to employees ...
http://[img]http://orkut.vidpoke.com....gif[/img]
Re: Satyam Computer’s surprises the investors
yupp.. also the techM and satyam merger wil definitely bring this company again on top