Satyam Computers have lost 33,500 crore rupees in market value in last 7 months as India's fourth largest software export firm passed through a series of issues.

Satyam Computer's share value was at Rs 524.9 on 29th May, 2008 in National Stock Exchange with a market value of 35,100 crore rupees.

From that level Satyam shares also taken a U turn as indian and other global stock markets crashed due to global financial crisis.

Meantime news about issues with it's main customer World Bank also fueled the downturn in Satyam's stock price.

But the real problem started when Satyam director's board announced 8000 core rupees acquisition of two companies promoted by its chief Ramalinga Raju's son.

After the news came investors sold Satyam stocks in large quantities in the New York stock exchange which led to a 55% fall in just few minutes. Finally Satyam Stocks closed at $5.70, down 54.58 percent from it's previous day close, a 11,304 core rupees loss in market capitalization in just one day.

Then Satyam officials decided to cancel the deal, but it failed to bring back the confidence. After hours Satyam stocks recovered little bit, but still down more than 30% from the previous level.

Satyam founder B Ramalinga Raju revealed on Wednesday that the company had been reporting inflated profits for last 7 years with a big financial missmatch in the tune of Rs 7000 crore.

On Friday Satyam shares plunged to Rs6.30 during intra-day and finally closed at 23.75.

In last two trading session alone Satyam lost 11,969 crore in market capitalization and totally 33,500 crore in last 7 months.