the spoiled beliefs do not improve any centi-mental will be state of share buyers...

-MMB Moderator...

-MMB Moderator...

-MMB Moderator...

-MMB Moderator...

This will touch 35 soon!...

very good. pls read twice very carefully to make a decision. The company’s consolidated revenues during the quarter grew at 21 per cent to Rs 1,666 crore as compared to Rs 1,375 crore for the same period last fiscal. Vineet Nayyar, chief executive of Tech Mahindra. Reuters “This quarter we had a benefit of 1.3 percent on currency rate. The growth was largely volume driven. Efficiency levels are also pretty significant in this quarter,” Mahindra Satyam CFO Vasant Krishnan said. On the outlook for the current fiscal, company’s chairman Vineet Nayyar said though the global economic situation appears to be bleak at this point of time, the company would try to maintain the current level of growth. “Economic prognosis at this point time is uncertain. There are large numbers of contradictions in Europe. This is going to have an impact on business, especially on spend. And I also said normally whenever affluent countries come under pressure and need to economise, they do turn to suppliers like us,” he said. With larger peers like Infosys and Wipro giving muted guidance lower than Nasscom’s guidance, while Cognizant slashed its annual revenue forecast, there are concerns about the health of the Indian IT outsourcing industry. Industry body Nasscom has forecast the sector’s growth at 11-14 percent for this fiscal. Exuding confidence in the company’s capabilities, Nayyar said, “There are forces at work and it is our hope, not promise, that we will be able to continue with the current level of growth.” For the full year ended 31 March 2012, Mahindra Satyam has registered a net profit of Rs 1,306 crore as against a loss of Rs 147 crore in 2010-11. Revenues in the reported fiscal stood at Rs 6,395.6 crore, up 24.3 percent from Rs 5,145.1 ...

If increasing buyback can get gain in share Y even after buying 143 lakhs shares it has gone down from above 800 when buyback started to even below 700 and touched multi years low?Firstpost wl never answer this question as firstpost is controlled by NW18 which is controlled by RIL itself....

INDIAN MARKETS ARE EXPECTED AT 12000-13000 levels....Source:NDTV ...

Investor disillusionment is clearly evident from the fact that Reliance’s shares have lost more than Rs 22,000 crore, or 10 percent of market capitalisation, in the past one month. In contrast, the benchmark Sensex has lost 5.5 percent. The company also had to cede the title of India’s most valuable private-sector company to Tata Consultancy Services. Even Reliance’s ongoing buyback programme has done little to prop up the value of the share price. According to a report in Business Standard, the company bought an average of 600,000 shares a day seven times this month, more than double of what it bought in April. Still, they haven’t buoyed the stock price. Reliance shares are currently trading at Rs 684, after tumbling to Rs 674 earlier. Even so, the short-term future looks bleak. Source:FirstPost...

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