7 Buzzing Stock From Last Week

7 Buzzing Stock From Last Week

Mahindra Satyam

SP Tulsian told CNBC-TV18, “Upaid liability settlement at USD 70 million plus the appointment of auditors which will accelerate the finalization of the accounts of the company are definitely quite positive which has been resulted the stock to move from Rs 90 to about Rs 106. But one should not forget that eventually this company is going to get merged with Tech Mahindra maybe by June or July next year. Any company which is getting merged gets its upside capped. I do not see the share moving beyond Rs 110 or Rs 112 it is always advisable to go for making investments in Tech Mahindra instead of Mahindra Satyam so my call is not to make further investment in the stock those who are holding it can think of exiting it at a level of about Rs 110 with a view to shift to Tech Mahindra.”

Read More at

http://www.moneycontrol.com/news/stocks-views/7-stks-that-were-buzzing-last-weekhow-to-trade-them-now_430506.html

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