Tata infotech & TCS merging

Tata infotech and TCS are merging. The Board of Directors of both the companies have given the go ahead. The companies are now waiting to get the permission of the merger from their shareholders.

After the merger, 2 shares of Tata Infotech will be equal to 1 share of TCS.

If you have Tata Infotech stock, believe me you are in luck since TCS stock is a great performer.Retain it.