Limited downside in Satyam, says PN Vijay

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Limited downside in Satyam, says PN Vijay

Portfolio Manager, PN Vijay is of the view that there is a limited downside in Satyam Computer Services.

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Excerpts from Bazaar on CNBC-TV18 Watch the full show » ALSO READ See previous views by PN Vijay See what other Experts & Brokerages are saying about Mahindra Satyam See messages about Mahindra Satyam Mahindra Satyam BSE | NSE 28/05/12 Are Mutual Funds betting on Mahindra Satyam?

Portfolio Manager, PN Vijay is of the view that there is a limited downside in Satyam Computer Services .

Vijay told CNBC-TV18, "Some newspaper says IBM, Cisco, HP are bidding, some says only the local guys are bidding, I think we are in to a total rumours zone now. He will be a brave man who buys Satyam now with all this that is going on but wherever we have Satyam in our aggressive portfolio, tending to keep them because the downside is limited."

Disclosure: It is safe to assume that analyst and his clients may have an investment interest in the above stock/sector.