Buy Jeyashree Tea

As the market is entering more uncertain phase, we recommend Jayashree Tea and Assam company for buying. Please put last week’s low as stop loss. Both are looking more promising.

We don’t understand the Satyam’s price movement and insider’s efforts to propagate positive news when the “open offer” is around the corner. It seems insiders don’t wish to buy Satyam shares from you. In the IT pack, we prefer 3i Infotech and Polaris. They are better managed companies than Satyam. Any service related company requires good reputation and employees to stay afloat. You please judge yourselves. For the next 3 months, Satyam is forced to feed unproductive employees numbering more than 10000 in its roll. Hard luck Satyam shareholders again.

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