Videocon jumps; chairman says mulling dividend

Wed Jun 26, 2013 10:35am IST

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Reuters Market Eye - Shares in Videocon Industries gain 4.3 percent after its chairman and managing director, Venugopal Dhoot, said in an interview with news channel CNBC-TV18 that the company will consider special dividend and bonus shares, dealers say.

The comments come after Oil and Natural Gas Corp and Oil India agreed to buy a 10 percent stake in a Mozambique gas field from Videocon Group for $2.48 billion.

(Reporting by Abhishek Vishnoi)

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