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Strategies & Market Trends : India Coffee House

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To: Mohan Marette who wrote (5247)7/23/1999 10:08:00 AM
From: Mohan Marette  Read Replies (1) of 12475
 
Satyam spurts 5% on rumors of AOL stake
Date: 7/23/99 12:21:20 PM

Satyam Computers: satyam.net.in
Satyam Infoway: satyam.net.in

Stock price of Satyam Computers jumped on BSE after rumors started making rounds that America On Line (AOL) a large US Internet company, is picking up a stake in Satyam Infoway, a subsidiary of Satyam Computers. The Satyam share was quoting at Rs1528.55 after touching a high of Rs1540 amidst volume of 1.1mn shares. Satyam closed at Rs1454 an yesterday, an increase of Rs74 or 5.08% today.(EquiMaster)
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