The euphoria in Satyam and TechMahindra stocks were clearly visible in yesterday’s trading session. Well finally the Q3 2009 results of Satyam Computers has just been announced. The beleaguered firm  has announced a revenue of Rs 2000 crores in the Dec (Q3 2009) quarter and a profit of Rs 181 crores. In Jan the company has announced a net profit of Rs 4 crores in a revenue of Rs 647 crores.

In Feb Satyam Computers announced profits of RS 62 crores with a revenue of Rs 676 crores.  Despite all this many potential suitors declined the offer made to them just 2 months back. Now in all circumstance it seems Techmahindra had a very good bet on Satyam and now it can make the company get around sooner than later.

Satyam stock freezed in the last trading session and will freeze today too. And Tech Mahindra moved almost 25% up yesterday. We can see a lot of action today too in this 2 stocks. If you can buy Satyam in opening you can surely make some decent profits today.10% upper circuit applies to Satyam stock but nothing such applies to Techmahindra. Traders can trade in Techmahindra today too. We will update more on the story soon.

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