The stock ended 2.5% down at Rs 69.50. The counter clocked a volume of 5.4 lakh shares at the counter on the BSE.
Updated at 1007 Hrs
MTNL today opened flat at Rs 73 despite a strong rally in the opening trades as the company reported a loss in Q4.
MTNL had a net loss of Rs 83.8 crore for the fourth quarter ended March 31, 2009 as compared to the net profot of Rs 173.73 crore in the same quarter of 2008.
Total income during Q4 of FY09 declined to Rs 1,287.16 crore from Rs 1,448.83 crore of the same quarter of FY08.
The stock continues to trade at Rs 73, up a Re, and around 23,120 shares have changed hands at the counter on the BSE so far.
