MTNL is currently trading at Rs. 29.55, up by 0.30 points or 1.03% from its previous closing of Rs. 29.25 on the BSE.
The scrip opened at Rs. 29.75 and has touched a high and low of Rs. 29.95 and Rs. 29.20 respectively. So far 193952 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 53.00 on 07-Apr-2011 and a 52 week low of Rs. 22.50 on 30-Dec-2011.
Last one week high and low of the scrip stood at Rs. 31.25 and Rs. 29.10 respectively. The current market cap of the company is Rs. 1852.20 crore.
The promoters holding in the company stood at 56.25% while Institutions and Non-Institutions held 25.85% and 12.03% respectively.
Mahanagar Telephone Nigam (MTNL) has added 40,000 new mobile subscribers in February. Following the said addition, the company’s total subscriber count stood at 55.30 lakh users with a market share of 0.84%.
Besides, Bharti Airtel has added 18.20 lakh mobile subscribers in February while Idea Cellular has added 25.80 lakh mobile subscribers in February.
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.
