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Q.

SATYAM: Can we expect a rise in price as a result of the following news? About eight firms, including global private equity firm Apax Partners, L&T, Tech Mahindra, the Spice Group and IBM
Global Services, have qualified as potential suitors for the beleaguered Satyam Computer Services. The entry of IBM, if finally confirmed, could give serious competition to L&T, so far perceived as the strongest and most serious contender.

About: Company: Satyam Computer Services Ltd.

Asked by ashok kumar, 26 Mar '09 07:31 am
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Answers (4)

1.

3100-3200. Max, 3250, where it could turn back, as there are several gaps in the daily charts. Also, current rally looks more like a relief rally based on pure short-covering. April should set the clear trend and is expected to be volatile, with elections around the corner.free tips: myismoney.blogspot.com
Answered by Ashu Kumar, 26 Mar '09 09:38 am

 
  
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2.

We have already seen many suitors quitting after the first round. So the same might happen going ahead. There is no minimum bid amount. So have to see what each one quotes.

adviceonfinance.blogspot.com
Answered by hindustani, 26 Mar '09 09:23 am

 
  
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3.

Upper Circuit 20% up today.
Answered by Raghavendra RH, 26 Mar '09 07:56 am

 
  
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4.

It is yet to be seen what remains the price tag of winning bid. Finally, there is no harm keeping few of the stocks for medium to longer term for possible appreciation.
Answered by Lucky, 26 Mar '09 07:41 am

 
  
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