Interesting to watch the gap in stock price slowly narrow. Whether it is a percentage gain or lose for the day.It is a small but noticeable pattern. In the end IMO SIFY benefits more with a nation wide campaign to bring internet to the masses.
It's too bad Raju issued himself so many cheap shares, he really screwed ADR holders. There are now 12 times as many SIFY shares as REDF shares, huge dilution that has to hurt PPS.
That should change/adjust at profits grow with the growth of the internet industry in India. SIFY well positioned and connected.