The dates of the most awaited financial results of Mahindra Satyam has finally been announced to the public and that is 29th September 2010. Satyam Computers after the huge Ramalinga Raju fraud was bought by Mahindra group and renamed to Mahindra Satyam. The company was in a big mess since the time of fraud last year and so Mahindra group wanted some time to structure the company and improve it’s fundamentals and within this time period, they would not announce any results. They worked really hard behind the company restoring old clients etc however they took too much time.

Mahindra Satyam’s stock was not moving any where for a long period of time since we people don’t really have a clue about how the company has been performing due to no announcement of results. The results were supposed to be announced on June 2010 but they extended the dates to September 2010. The dates extension further saddened the investors and so there was a lack of buying interest in the stock. But now that the results are going to be announced in almost a week, the stock should run up like anything.

As far as I believe, the results are going to be extremely positive. If Mahindra group has taken so much time to come up with the financial results, it must be good, otherwise there was no need of extension of dates. Or I can put it in a way that they knew that the fundamentals of the company will improve a lot more in the 3-4 months extension they got, which is why they wanted that extension? I am extremely positive on this stock.

If the results will be as positive as expected, this underperforming Mahindra Satyam Stock is going to run up like crazy. I suggest all of you to BUY Mahindra Satyam stock as soon as possible with a short term target of 125-150. This is a fantastic company and is available at a such a low discounted rate. You will not find a better enough company trailing below 100 rupees per share. And to those who have bought the stock at higher prices, continue to hold the stock from a longer term view. You cannot sell such a nice company in a loss. Sell only when you claim a nice appreciation from the stock.

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