Tech Mahindra and Mahindra Satyam merger inevitable: P Phani Sekhar, Angel Broking

P Phani Sekhar, Fund Manager-PMS, Angel Broking, in a chat with ET Now talks about Tech Mahindra and Mahindra Satyam merger.

Talking about Tech Mahindra and Mahindra Satyam, what would you do on the merger and a lot of other things happening on either of the stocks?

The opposition from small investors has certainly come as a surprise. But they have a strong logic to what they are saying. Both these companies will still like to stay with Tech Mahindra because the logic of merger still continues for both the companies. Valuation wise also, Tech Mahindra is a much better bet than Mahindra Satyam because Mahindra Satyam is a turnaround story. So how quickly the company turns around will actually decide the ultimate share price appreciation.

So I will stay around with Tech Mahindra and the management will show some kind of an urgency to thrash out the concerns of smaller investors. You will actually see the merger because the merger is inevitable, it is not a question of whether but it is a question of when and how soon it is going to happen.