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Mahanagar Telephone Nigam Ltd (MTNL)

₹38.953.59%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Mahanagar Telephone Nigam Ltd share Performance

  • ₹37.1
    ₹41.35
    ₹38.95
    downward going graph

    4.75%

    Low

    Day's Volatility:10.91%

    High

    6.16%

    downward going graph
  • ₹18.15
    ₹52.4
    ₹38.95
    downward going graph

    53.40%

    Low

    52 Weeks Volatility:87.93%

    High

    34.53%

    downward going graph
1 Month Return9.56 %
3 Month Return-13.64 %
1 Year Return97.72 %
Previous Close₹37.60
Open₹37.75
Volume1.21Cr
Upper Circuit-
Lower Circuit-
Market Cap₹2,453.85Cr

Company Information

Mahanagar Telephone Nigam Limited (MTNL) is a renowned telecommunications service provider in India which began operations in 1986 with the aim of upgrading the quality of telecom services and introducing new services. Since then, the company has implemented state-of-the-art technology and adopted a customer-friendly approach for their growth. It offers various telecommunication services like telephone, telex, wireless data communication, Internet, etc. and was responsible for introducing the first digital exchange in the country. MTNL also provided popular services such as Phone Plus, Voice Mail, ISDN services, Wireless in Local Loop, and a toll-free customer service line. In 2000, Millennium Telecom Limited was set up as a wholly-owned subsidiary of MTNL to provide value-added services. Other services by MTNL include GSM Cellular Mobile service, Wireless in Local Loop Mobile services under Garuda, Internet Network of Networks, Interactive Voice Response System, Online bill presenting, and prepaid GSM Mobile services. Moreover, it has set up a Joint Venture company in Nepal and a software venture called ComSoft in 2002. Through its innovation and commitment, the company has maintained its leadership and aims to expand its services as a global player.

Share Price: ₹38.95 per share as on 30 Apr, 2024 04:01 PM
Market Capitalisation: ₹2,453.85Cr as of today
Revenue: ₹192.24Cr as on December 2023 (Q4 23)
Net Profit: ₹-839.03Cr as on December 2023 (Q4 23)
Listing date: 03 Nov, 1994
Chairperson Name: P K Purwar
OrganisationMahanagar Telephone Nigam Ltd
HeadquartersNew Delhi
IndustryTelecomm-Service
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Key events for Mahanagar Telephone Nigam Ltd

  • Government Likely to Shut Down MTNL After General Elections - 24 Apr, 2024

    The Department of Telecommunications is considering shutting down Mahanagar Telephone Nigam Ltd (MTNL) due to its continuous losses. The telecom major operates in Delhi and Mumbai and has been reporting net losses for several years. The DoT plans to shift its workforce and operations to Bharat Sanchar Nigam Ltd (BSNL).

  • MTNL's Property Sale Faces Roadblocks - 16 Apr, 2024

    MTNL's attempt to sell properties in Delhi and Mumbai faces roadblocks. The Delhi Development Authority has demanded a 50% share in profit from the sale proceeds of its leased properties in Delhi, while MTNL has not received permission from the Maharashtra government to sell some of its leased properties in Mumbai. This is part of the asset monetisation plan for MTNL and BSNL approved by the government in October 2019. MTNL shares have corrected 10% in a week.

Fundamentals of Mahanagar Telephone Nigam Ltd

Insights on Mahanagar Telephone Nigam Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 0.47% to 0.55% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, MTNL stock has moved up by 4.6%

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 29.54% to 29.57% in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Tata Teleservices Maharashtra Ltd has given 500.4% return, outperforming this stock by 356.9%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Railtel Corporation of India Ltd has given 239.5% return, outperforming this stock by 141.8%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 56.25% of holdings in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 372.94 Cr → 335.76 Cr (in ₹), with an average decrease of 10.0% per quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, -792.82 Cr → -839.03 Cr (in ₹), with an average decrease of 5.8% per quarter

Mahanagar Telephone Nigam Ltd Valuation

Mahanagar Telephone Nigam Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-1.01x)

February 8, 2024

Industry (-31.26x)

April 30, 2024

Today (-0.76x)

April 30, 2024

Highest (-0.09x)

August 22, 2019

LowHigh

Shareholding Pattern

InvestorsHoldings %Prev. 1 periods3M change
Promoter Holdings
56.25%
0.00
Foreign Institutions
0.55%
0.00
Mutual Funds
0%
0.00
Retail Investors
29.57%
0.00
Others
13.63%
0.00

Technicals of Mahanagar Telephone Nigam Ltd share

News & Events of Mahanagar Telephone Nigam Ltd

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Mahanagar Telephone Nigam Ltd (MTNL) share price today is ₹38.95

Mahanagar Telephone Nigam Ltd is listed on NSE

Mahanagar Telephone Nigam Ltd is listed on BSE

  • Today’s highest price of Mahanagar Telephone Nigam Ltd is ₹41.35.
  • Today’s lowest price of Mahanagar Telephone Nigam Ltd is ₹37.1.

PE Ratio of Mahanagar Telephone Nigam Ltd is -0.76

PE ratio = Mahanagar Telephone Nigam Ltd Market price per share / Mahanagar Telephone Nigam Ltd Earnings per share

Today’s traded volume of Mahanagar Telephone Nigam Ltd(MTNL) is 1.21Cr.

Today’s market capitalisation of Mahanagar Telephone Nigam Ltd(MTNL) is ₹2453.85Cr.

Mahanagar Telephone Nigam Ltd(MTNLPrice
52 Week High
₹52.4
52 Week Low
₹18.15

Mahanagar Telephone Nigam Ltd(MTNL) share price is ₹38.95. It is down -25.67% from its 52 Week High price of ₹52.4

Mahanagar Telephone Nigam Ltd(MTNL) share price is ₹38.95. It is up 114.60% from its 52 Week Low price of ₹18.15

Mahanagar Telephone Nigam Ltd(MTNLReturns
1 Day Returns
1.35%
1 Month Returns
9.56%
3 Month Returns
-13.64%
1 Year Returns
97.72%