Mahindra Satyam surges 15 per cent
Shares of IT company Mahindra Satyam surged by 15 per cent in early trade on the bourses on Wednesday after the company clocked a Rs 225.2 crore profit for the June quarter.
Tech Mahindra , India 's 6th largest software exporter, has been declared as the highest bidder for Satyam at a price of Rs 58/share, after a global competitive bidding process, which concluded today subject to approval of the Company Law board and other requisite approvals.