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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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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
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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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779 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
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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
445 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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