Telecom stocks gain traction on RBI’s nod for mortgaging airwaves

Mahanagar Telephone Nigam Ltd. | Telecommunication - Service Provider | Telecom | BSE: 500108 | NSE: MTNL

13 Jun 2012 Evaluate

Telecom stocks were trading with great amount of traction as the Reserve Bank of India (RBI) approved the proposal to allow mobile phone companies to mortgage airwaves that will allow the companies to use spectrum as collateral and raise funds from banks for the upcoming auctions. However, Banks will hold the rights to sell, transfer, assign, exchange and dispose the airwaves without any restraining conditions to protect their interests.

Mahanagar Telephone Nigam (MTNL) is currently trading at Rs 23.30, up by 0.25 points or 1.08% from its previous closing of Rs 23.05 on the BSE. The scrip opened at Rs 23.20 and has touched a high and low of Rs 23.70 and Rs 22.90 respectively. So far 126305 shares were traded on the counter.

Tata Teleservices (Maharashtra) is currently trading at Rs 14.01, up by 0.37 points or 2.71% from its previous closing of Rs 13.64 on the BSE. The scrip opened at Rs 13.71 and has touched a high and low of Rs 14.68 and Rs 13.70 respectively. So far 567103 shares were traded on the counter.

Reliance Communications is currently trading at Rs 68.45, up by 1.60 points or 2.39% from its previous closing of Rs 66.85 on the BSE. The scrip opened at Rs 67.40 and has touched a high and low of Rs 69.80 and Rs 67.05 respectively. So far 3374588 shares were traded on the counter.

Bharti Airtel is currently trading at Rs 308.95, up by 0.25 points or 0.08% from its previous closing of Rs 308.70 on the BSE. The scrip opened at Rs 310.00 and has touched a high and low of Rs 313.00 and Rs 306.80 respectively. So far 135897 shares were traded on the counter.

Barring Idea Cellular which is currently trading at Rs 76.30, down by 1.80 points or 2.30% from its previous closing of Rs 78.10 on the BSE. The scrip opened at Rs 77.90 and has touched a high and low of Rs 79.30 and Rs 75.55 respectively. So far 174456 shares were traded on the counter.

MTNL Share Price

31.82 -0.21 (-0.66%)

19-Jun-2026 16:59 View Price Chart

Peers

Company Name	CMP
Bharti Airtel	1908.60
Vodafone Idea	14.92
Indus Towers	410.95
Tata Communications	1991.10
Bharti Hexacom Ltd.	1494.15
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Fiduciary-first advisory model.
As SEBI-registered IAs, we are legally and ethically bound to act in the best interests of our clients. We do not sell or distribute any financial products. This ensures our guidance is 100% unbiased and conflict-free.
Deep fundamental research + robust valuation discipline.
Built on more than 15 years of equity research, our framework combines quality assessment, intrinsic value estimation, and a sensible margin-of-safety approach.
Process—not predictions.
We don’t rely on guesswork or market timing. Instead, we focus on asset allocation, risk management, and long-term compounding.
Technology + Human Intelligence.
We believe a combination of both is essential for investing success. We constantly innovate and upgrade in-house tools, financial X-rays, and portfolio analytics so that our team of analysts and advisors are equipped with the best.
Partner with Clients.
We follow a DIWM (Do-It-With-Me) approach where we partner clients in setting goals, financial planning, educating on our investing process and share decision-enabling resources transparently with our clients who retain control on execution.

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

Investing in stocks, mutual funds, debt, and gold
Quality-at-Reasonable-Price way of investing in stocks
Constructing Direct Stock Portfolios with Core, Booster, and Amplifier stocks
A Mutual Fund Portfolio that delivers consistent out-performance and meaningful diversification (low overlap)
Periodic review and rebalancing
Clear Buy-Sell-Hold, and Position-sizing frameworks

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.