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Buy Mahindra Satyam at Rs 80-82: Baliga

Published on Thu, Nov 26, 2009 at 11:17 |  Source : CNBC-TV18

Updated at Thu, Nov 26, 2009 at 17:20  

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Ambareesh Baliga, Karvy Stock Broking

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Mahindra Satyam

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Buy Mahindra Satyam at Rs 80-82, says Ambareesh Baliga of Karvy Stock Broking.

Baliga told CNBC-TV18, "In Mahindra Satyam looking at the concerns, which are there on the liabilities, I would surely wait a while longer. From a trading point of view one can look at buying it when it comes closer to possibly Rs 80-82 levels for a bounce back but you really cannot take a fundamental call on this company unless you know what is there on the balance sheet."

  

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