LearnHub

Join LearnHub

Strategy of TechMahindra towards Satyam (Discussion)

cat09 said – Sat, 13 Jun 2009 09:55:34 -0000 ( Edit Link )

Satyam one of the largest IT solution of India, at the time when it was true the share price of Satyam was the zenith of perfection. TechMahidra acquired the maximum percentage of Satyam stake and now Anand G. Mahindra is overwhelming the rules of Satyam. The biggest question is what is the future of Satyam? Will it vanish or will it acquire again its dignity even after the maximum stake has been acquired by TechMahindra? What will be the strategy of TechMahindra towards Satyam? Will the name “SATYAM” be not in the stock exchange after sometime or will it again gain the so called “zenith of perfection”. Let’s have a look at the current market scenario. The share prices of Satyam is around 56Rs. when the TechMahindra acquired Satyam stake (maximam), as earlier it was 20-25 Rs. per share. TechMahindra wants to reduce the number of employes on the name of cost cutting. It has acquired a great deal and position in Satyam’s “Board of Directiors”.

Whatever is the scenerio but the game is not over it has started because now we have to see the future of Satyam will it acquire the position or it will vanish.

Actions

Respond

Author: cat09; Authority 19

Vote

Current Rating: 1; Rate Up; Rate Down

1 Vote

dhiraj khandelwal said – Sat, 20 Jun 2009 02:24:02 -0000 ( Flag Edit Mark / Unmark Best Link )

satyam has an asset of more than what the cost paid to buy it & government will play an important part if tech mahendra try 2 vanish it.. companies like l & t has nearly 12% share & L.I.C. also holds a gud part so vanishing part is quite not possible.. all the worst have been done i think anticipating anything frm now is gud..

Actions

Reply To This

Author: dhiraj khandelwal; Authority 34

Vote

Current Rating: 0; Rate Up; Rate Down

No Votes

chandra_avinash said – Sun, 21 Jun 2009 21:19:48 -0000 ( Flag Edit Mark / Unmark Best Link )

It is difficult to accurately predict the aftermath of an acquisition. More so, in this case, we have an ongoing recession, which complicates things further.

TechMahindra surely has a plan in place and the results should be visible in a couple of financial quarters. I feel that once Satyam posts some good results, the share prices should rise.

What do you think?

Actions