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The the Satyam Board a news item is roaming that L&T is starting a exit from Satyam, ... Read full message
7.49 PM Nov 12th 2009  | Track
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Platinum Member
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The the Satyam Board a news item is roaming that L&T is starting a exit from Satyam,
ANY TRUTH IN IT?
7.49 PM Nov 12th 2009
Platinum Member
24 Followers
im see the news in today utvi
sataym merge in tech mahindra

only that news is comming
7.55 PM Nov 12th 2009
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774 Followers
may not be true(satya) in this...
8.41 PM Nov 12th 2009
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Varner yes i just heard the news on CNBC TV18 that LT plans to sell more than 2 crore shares at Rs 112 tomorrow
8.53 PM Nov 12th 2009
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i ALSO THINK THAT IT NOT TRUE BUT ON sATYAM BOARD IT IS A FLOATING NEWS.
8.54 PM Nov 12th 2009
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wHAT EFFECT WILL IT HAVE ON l&t SHARE PRICE TOMORROW AND ALSO ON THE sATYAM?
8.55 PM Nov 12th 2009
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yes LT plans to sell more than 2 crore shares of Satyam tomorrow at Rs 112.. I just heard the news.
8.56 PM Nov 12th 2009
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This news is also being aired on CNBC.
8.59 PM Nov 12th 2009
New Member
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Ya the news is true,,,, but i guess L&T will be moving downward in tomorrow trade as they are booking loss on sale of share....
11.15 PM Nov 12th 2009
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some new sense is being created...
4.42 AM Nov 13th 2009
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news wala ko masala chahiye....
5.15 AM Nov 13th 2009
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to day morning CNBC confirmed the sale.this is mourning day for satyam,
8.27 AM Nov 13th 2009
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What effect will have on the share price of Larsen and Satyam?
In my opinion there will not be much as it may be a block deal.
9.23 AM Nov 13th 2009
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Varner: If it impacts script price or not, I dont have much view. However, its very GOOD that they are getting out of non core activities. It better L&T keeps focus on business in hand, it should have nothing to do with establishing and buying in IT business. Any way, as a investor in L&T, this is my view.
9.37 AM Nov 13th 2009
Platinum Member
439 Followers
At this point what L&T did in disposing Sathyam shares is good sensible act. They can avail more funds for the running projects with this as margin. L&T can expedite project activities and keep commitments.
9.52 AM Nov 13th 2009
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