L&T 's Satya- graha

L&T has raised its stake to 12% from 4% by buying shares from the open market.When the doubts are still not cleared about satyam can anyone play with satyam.well,there are more reasons. L&T is interested in hte business model of satyam(not the Raju model but its core business).It has to protect its shareholders as far as the satyam holding is concerned.By averaging down the value of acquisition,like an average investor do,if situation improves for satyam,there can be two options ,one is to to continue the holding or exit at a better price.
So lot of thinking process must have gone beyond the decision .
But,L&T has preached the support price of 690-720 and trading at 640 level is a sign that it still can go down below 550 level.A long term investor may wait for that to bulk buying.