Satyam Computers surged up 25% on BSE-Monday..
Tech Mahindra on Monday rise on the Bombay Stock Exchange after the software emerged as the highest bidder to acquire Hyderabad-based Satyam Computer Services.
The shares of the company opened on a bullish note at Rs 330 and then gained further ground to witness an intra-day high of Rs 400, up 25 per cent on the BSE. At 3 pm, the stock was quoted at Rs 362.85, up by Rs 42.80 or 13.37 per cent.
On the NSE, the stock was trading at 362.10, up by Rs 41.75 or 13 per cent. The stock opened at Rs 324.85, then rallied ahead to touch the day’s high of Rs 410, a jump of 27.98 per cent from its previous closing price.
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