Don`t suspect all the companies that way, there are some left with good integrity! I guess this stock would perform better than Satyam in the RED days, observed this good performance on couple of RED days.
Manipulation or not..now is the time to take out our money if in green... I have waited for almost 2 years now..The company has gone through rough patches and scams..but now small investors should not be greedy and books profits and put the money on some stable heavy weights.
Next bull run will be supported by the Tech Stocks according to the experts on CNBC-TV18 and midcap IT like Patni, mphasis, hexaware will do wonders. Not a time to sell now.. Look at the volumes at which this stock is trading... How can it go down now??
Havel a look at the cyclical rebound... everyday conqring 52wk high. Will it be a multibagger , i feel so if IT sector return to good path . Also look at Subex - great turn around story coming.
I exited at 70 from this stock with 7% loss and entered into some good picks.
It was a very painful experience with this stock to be in with lots of bad news.
with the price today... that was a wrong decision... This stock is moving up even when market is down... I strongly believe the next target is 85 to 90. I invested in this when the price was 67..
Exit this stock, As the profit was shown with employee salary cut and charging transportation fees from employees. There was hardly any new client added and they are hardly getting any new one. this quarter there wont be any further salary cuts and soon it will be reverted back. so the profit margin will definitely come down. So in short i dont see any improvement in the company