The telcom industry facing pressures.... INR strengthening.... and ofcourse satyam hangover has been continueing.... the scrip may nt be eligible to trade in double digit pe multiple in the near to medium term....
Price will be retained above 1000 till QIP is finalised. It may even cross 1100. Once the loans are repaid int. burden will come down and bottom line will improve substantially. There is no reason for verticle fall of this share to 700.
The satyam hangover continueing in this counter.... because of satyam connection,this scrip may not eligible to have double digit pe multiple at the bourses....
hey market, dont talk like a small kid yaar. what more multiple double pe do u want man. it was quoting at 125 and now its at 900+ how much more multiple tereko chahiye re...
You need to understand that there is no logic saying its quoting multiple times.. hence u need to book profit..
If this was it and you thinks this way then i am sorry for you as then you are Just a kid.. If in near future if we got a good news about TechM or Satyam then it will jump 20% from now.