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Tata Coffee-Tata Consumer merger gives traders a shot at arbitrage

4% spread on offer; analysts bullish on long-term prospect of merged entity

Topics
Tata Coffee | Tata Consumer Products | merger

Samie Modak  |  Mumbai 



Shares of TCL are currently hovering over Rs 216 per share, while those of TCPL are at Rs 750.

The impending between (TCL) and (TCPL) has presented an exciting arbitrage opportunity for traders. Considering the current prices of the two stocks and swap ratios, investors can pocket a spread of up to 4 per cent, observes a note by IIFL Securities.

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First Published: Wed, January 18 2023. 17:41 IST

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