Stock Trading Tips, Analysis & News

Hinduja Global Solutions, the BPO arm of the Hinduja group — one of the interested parties in acquiring the scam-tainted Satyam Computer Services [Get Quote] — said it has chalked out a 100-day plan, just in case it is successful in its attempt. Meanwhile, it has written to the merchant bankers involved in the transaction.
“We are very interested in Satyam and accordingly, we have written to the merchant bankers but are yet to receive any reply,” said Anand Vohra, CFO, Hinduja Global Solutions.
About what would be the plan of action in case the company is successful, he said: “We will need to have a 100-day plan in place. This will look at four essential areas. One team will concentrate on customers and meet with them and address their concerns. Second, we will have a team that will tackle the HR issue and take care of employees issue. Another team will look into the account of the company and last, a team will try and see how we can maintain the cash that the company has and make no further losses.”
Vohra also said the company has not approached the board or any of the bankers in a personal capacity. However, he felt that the board should hasten the process.
When asked if the company was ready to acquire despite the fact that the auditors will still take some time to give the eHinduja Global chalks out 100-day plan, in case it gets Satyam.

Keep buying satyam in every dip because it looks strong on chart and valuation is very cheap compared to other IT shares. Market can see 12000 level within next 7-8 trading sessions due to booster package announced by Government..Also there will be another package announced in U.S soon that will also have +ve impact on Indian Market.

Finally about result, Quarter result of companies will be declared in this month and many peoples says that market will go down due to bad result but according to many expert result would be good this time due to Tax reduction and there will be increase in companies profit compared to last quarter result.

This all factors would drive market up. So keep holding your positions.

Satyam rocked again today & last 4 trading sessions it has been continuously rising, making it into Top 10 Gainers daily. Even today Satyam’s valuation is very cheap compared to other major IT companies like Wipro, Infosys, HCL Tech.

Company P/E Ratio
—————————
Wipro 10.84
Infosys 14.21
HCL Tech 9.59
TCS 10.35
Satyam 5.79
MphasiS Ltd. 11.63
iFlex(Oracle Fin.) 9.50
Rolta 6.79

If you checked above P/E figures you will find out satyam cheapest share of all. So its advisable to investor don’t trust any market rumors, even don’t trust consultant on CNBC Aawaz (Ashwini Gujaral, Bhabmwani etc..). Take your decision yourself with your own analysis.

Wish all of my Blog readers “Happy And Prosperous New Year , Hope this year all of you will earn Good Profit”