Hold Tata Chemicals, says Sharmila Joshi

Sharmila Joshi of sharmilajoshi.com told CNBC-TV18, "One big thing that changed for Tata Chemicals over the last 3-4 years, you always looked at it as a business because they do have a chemicals business, they do have a fertiliser business. Some would argue that Tata Steel can be given an FMCG kind of valuation, etc. so for me, the stock was always to be held with a target of closer to what the price is now, but now we are finally seeing them do some of things which will unlock value."

"If there is no requirement for money, I would say stay put, because now, some of these things are happening and they could unlock further value for Tata Chemicals in days to come," she added.