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Satyam plunges 7.84% as bailout gets difficult due to dishonesty

Wednesday, January 14, 2009 11:00 am
By ShareGyan.com NewsDesk

Satyam was in grave trouble on the BSE. The bailout got uncertain, as government after report from the Registrar of Companies that the documents accessed from the company are a bunch of falsehood.

The stock presently trades at Rs 28.80 per share, down 2.45 points or 7.84% on the BSE.

The stock opened at Rs 32.75 per share as compared to its previous close of Rs 31.25 per share on Tuesday.

The counter touched a high and a low of Rs 34 per share and Rs 28.5 per share, respectively.

Over 96 lakh shares of the company were traded on the BSE, so far. The stock touched its 52-week high of Rs 544 per share on May 30, 2008 and a 52-week low of Rs 11.5 per share on January 9, 2009.

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