Comparing the Two Indian Internet Stocks REDF and SIFY [View article]
David, I am no expert on Indian stocks, so please take this with a grain of salt. MTE is I think primarily govt. owned. I hate that situation, and will stay away for that reason alone. Last I looked, the ADR's traded at a pretty large premium. Another black mark in my book if that is still true. That said, the chart looks decent but not inspiring, and the fundamentals seem reasonable.
-
David,
Aug 30 16:10 pm
|Rating:
0
0
All Comments by Josh »Comparing the Two Indian Internet Stocks REDF and SIFY [View article]
I am no expert on Indian stocks, so please take this with a grain of salt. MTE is I think primarily govt. owned. I hate that situation, and will stay away for that reason alone. Last I looked, the ADR's traded at a pretty large premium. Another black mark in my book if that is still true. That said, the chart looks decent but not inspiring, and the fundamentals seem reasonable.