Kotak downgrades Satyam after Q3 earnings
Feb 01 2013
Kotak adds Satyam shares, also called Mahindra Satyam ahead of a pending merger with Tech Mahindra, are trading at fair value after gaining over the past few quarters.
On Thursday, Satyam Computer reported a 20.6 percent rise in third-quarter profit before a one-off loss.
Shares fall 1.8 percent as of 11.03 a.m.