Tech Mahindra share price has seen good spurt in prices because of the fact that they acquired Satyam a couple of months ago and now they are onto becoming a complete global IT software services player.
However the stock will remain under pressure due to Global recession and no increase in demand for software development projects by US companies.
Tech Mahindra also got clearance from SEBI for its open offer for Satyam and it is a matter of few days before they will get full control of Satyam.
Tech Mahindra had bought 51% stake in Satyam at Rs.58 a share.
You should be checking the satyam stock price also
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