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Feb 04, 2009, 05.39 PM IST
Rajesh Jain of Pranav Securities is of the view that one should hold Satyam Computer Services.
Jain told CNBC-TV18, "The risk-reward ratio in Satyam is practically 1:1 at this point. In the event that you are not able to find a good management alternative for the company and you are not able to generate positive noises on the business front, then you could see a sharp slip down back to the Rs 25-30 level. Similarly under the tutelage of Mr. Deepak Parekh and the rest of his colleagues, if the new board is able to find positive answers to the two points that I just mentioned then I would not be surprised if accumulation plus buyout interest really takes the stock all the way to Rs 75-80. I think it is a 1:1 ratio. Ideally one should hold. Buying should be done only around the Rs 35-40 level."
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