Sandeep Bhatia, Executive Director & Head of Sales at Kotak Securities told CNBC-TV18, " Coal India is a story which we have liked for sometime. The special dividend is the cherry on the cake, so clearly we expect that to happen. I would have been actually expecting some of these special dividends to come last fiscal, of course they have not come till now. We hope that by this fiscal they will come through."
"I think the real issue will be in terms of higher output, I hope we can see higher output come through for Coal India for the next fiscal, which will solve a lot of structural problems for India. But we are positively inclined on Coal India and National Mineral Development Corporation ( NMDC )," he added.
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