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Satyam ADR plummets over 90%

Our Bureau

Mumbai, Jan. 12

The NYSE on Monday revoked the trading suspension on the ADR of Satyam Computer.

The ADR crashed 91.55 per cent at $0.79 against Wednesday’ close of $9.35 at 8.25 pm IST. NYSE had suspended trading of Satyam ADR from Wednesday after the confession by Satyam Computer’s Chairman of an accounting fraud in his company.

Meanwhile, the ADR of Wipro also slipped 6.2 per cent at $7.69 on World Bank fiat.

More Stories on : Stocks | Software | Satyam Computer Services Ltd

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