Satyam Stock Hit Badly, Satyam Share Price Tumbles Down

Following the disclosure of the chairman Ramalinga Raju about the malpractices of the Satyam Computers, the stock market was hit badly and the stock price of the Satyam computers in particular saw a sharp decline in price. Satyam stock price continue to slip down . Within a hour, the stock price of Satyam has gone under Rs. 60 and continues to do so. Many investors have lost their money in the stock market. Moreover, the image of Indian IT companies is defiled badly.