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MTNL soars on receiving Rs 129.82 crore as IT refund for assessment year 2006-07

10 Apr 2015 Evaluate

MTNL is currently trading at Rs. 21.35, up by 1.30 points or 6.48% from its previous closing of Rs. 20.05 on the BSE.

The scrip opened at Rs. 20.00 and has touched a high and low of Rs. 22.65 and Rs. 19.80 respectively. So far 6,98,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 39.10 on 25-Jun-2014 and a 52 week low of Rs. 14.60 on 25-Apr-2014.

Last one week high and low of the scrip stood at Rs. 22.65 and Rs. 18.65 respectively. The current market cap of the company is Rs. 1,335.00 crore.

The promoters holding in the company stood at 56.25% while Institutions and Non-Institutions held 22.18% and 19.92% respectively.

Mahanagar Telephone Nigam (MTNL) has received income tax (IT) refund for the assessment year 2006-07 amounting to Rs 129.82 crore. Of total, Rs 21.18 crore is interest on refund.

MTNL was set up by the Government of India to upgrade the quality of telecom services, expand the telecom network, and introduce new services and to raise revenue for telecom development needs of India's key metros -- Delhi and Mumbai.

MTNL Share Price

31.02 -0.98 (-3.06%)
23-Jun-2026 16:59 View Price Chart
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