Mahanagar Telephone Nigam Ltd News

Starlink deal: Can the stars shine bright for Airtel, RIL? Chart check here

Shares of Reliance and Airtel are in focus amid the Starlink deal; while MTNL too was in limelight on land monetisation news. Here are the key levels to watch out on these 3 telecom stocks.

Here's why MTNL shares skyrocketed 14% in trade on March 13; details here

The uptick in the MTNL share price came after MTNL, along with BSNL, has generated Rs 12,984.86 crore from the monetisation of land, buildings, towers, and fibre since 2019

BSNL, MTNL raise Rs 12,984 crore from asset monetisation since 2019

State-owned telecom firms BSNL and MTNL have earned a total of Rs 12,984.86 crore from monetisation of land, buildings, tower and fibre since 2019, Parliament was informed on Wednesday. According to data shared by Minister of State for Communications Pemmasani Chandra Sekhar in Lok Sabha, BSNL has earned Rs 2,387.82 crore and MTNL Rs 2,134.61 crore up to January 2025 from monetisation of lands and buildings. "BSNL and MTNL are monetising only those land and building assets which are not required for their own use in the foreseeable future and for which it has the rights to transfer the ownership," Sekhar said in a written reply. BSNL has earned Rs 8,204.18 crore and MTNL Rs 258.25 crore from monetisation of close assets comprising tower and fibre up to January 2025, as per the reply. "Monetisation of assets are being done as per approved policy of the Government and its impact on the PSUs are being monitored closely," Sekhar said.

Government not privatising telecom firms BSNL and MTNL, says minister

In February, the Union Cabinet reportedly approved Rs 6,000 crore (Rs 60 billion) towards 4G network expansion of MTNL and BSNL

Q3 results today: RVNL, Glenmark Pharma, MTNL to post earnings on Feb 14

Q3 FY25 company results, February 14: Aditya Birla Fashion & Retail and Dish TV will be among 696 firms to release their reports for the Oct-Dec 2024 quarter

Breakout stock: Telecom major MTNL can gain 86% to Rs 100; check levels

Technical chart shows key resistance for the stock at Rs 61.70; break and sustained trade above the same can trigger a sharp rally at the MTNL counter.

MTNL share price hits 20% upper circuit on heavy volumes; up 28% in 2 days

Till 09:43 AM, average trading volume on the counter had jumped over three fold with a combined 21.17 million equity shares, representing 3.4 per cent of total equity of MTNL, changing hands

MTNL shares dip 3% as company struggles to fund escrow account

An escrow account is a secure account that holds funds or assets until certain conditions are met. The funds are then released to the beneficiary or recipient

MTNL shares spurt 6% after Care Ratings upgrades long-term debt rating

Shares of Mahanagar Telephone Nigam Limited (MTNL) rallied up to 6.34 per cent at 58.49 per share on the BSE in Wednesday's intraday deals

MTNL skyrockets 14% despite default on interest payment for bond series

Shares of state owned telecommunications company MTNL surged 13.68 per cent at Rs 61.89 a piece on the BSE in Thursday's intraday deals

Market crash: Over two-thirds of mid, small-cap stocks in bear territory

The fall from peak levels in these segments, according to Gaurang Shah, senior vice-president at Geojit Financial Services has also been account of earnings disappointment besides amid high valuations

MTNL soars 9% as co plans 'not to shut shop' or go to NCLT, say reports

The government plans to keep MTNL as a 'going concern' as the company going to NCLT will not set the right precedent for other PSU companies

SBI declares MTNL account as NPA: Share price down 8% today, 15% in 3 days

MTNL share price: MTNL share price declined 7.5 per cent to Rs 48.2 per share on the BSE in Tuesday's intraday trade

SmallCap index down 3%; IIFL Securities, Geojit freeze in 10% lower circuit

PC Jeweller, MTNL, Kitex Garments, 63 Moons Tech, Genus Power, Refex Industries, Solara Active Pharma, and Suraj Estates Developers were locked in 5 per cent lower circuit on the BSE.

Telecoms may be holding off on 5G expansion to strengthen 4G: Here's why

Major telecom service providers in India Reliance Jio, Bharti Airtel appear to be prioritising 4G expansion over 5G

SBI declares MTNL a non-performing asset amid Rs 325.53 crore debt

SBI warns telecom firm MTNL that payment failure would result in a penal interest rate being applied to the outstanding balance

MTNL shares drop 5% after PNB downgrades co's loan account to NPA

The fall in the stock price follows MTNL's announcement to the exchanges, in which it said that Punjab National Bank (PNB) has downgraded the loan accounts of the company to NPA

Govt to pay MTNL's bond interest payment again, say DoT officials

But the government is unwilling to pay for loans taken by MTNL, say sources