Sharmila Joshi, Head of Equity of Peerless Securities told CNBC-TV18, "Videocon Industries have been speaking of monetising this Mozambique asset and now we are hearing of it. The valuation for that is fairly decent and more importantly I think the management has indicated that they would be rewarding investors."
"So, they have spoken of some kind of a special dividend or a bonus or whatever. So, I would wait for that announcement. So, I would say stay put in this one," she added.
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