HomeNewsBusinessStocksHold Mahindra Satyam, Tech Mahindra: Sekhar

Hold Mahindra Satyam, Tech Mahindra: Sekhar

Phani Sekhar, Fund Manager of Angel Broking advises to hold Tech Mahindra and Mahindra Satyam as they have the potential to grow at 15-20 percent.

June 25, 2013 / 17:28 IST
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Phani Sekhar, Fund Manager of Angel Broking told CNBC-TV18, "It is an interesting time for Tech Mahindra and Mahindra Satyam shareholders because one would expect this combined entity to gatecrash and spoil the party for the existing incumbents."


"I would assume that they have the potential to grow at 15-20 percent at least from the topline and with synergies the bottomlines will certainly grow at a faster rate. Valuations are not at all demanding. So, I would strong advice the investor to hold on," he added. Also Read: Tech Mahindra, Satyam Computer complete merger
first published: Jun 25, 2013 05:28 pm

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