Mahanagar Telephone Nigam (MTNL) is currently trading at Rs. 7.30, up by 0.27 points or 3.84% from its previous closing of Rs. 7.03 on the BSE.
The scrip opened at Rs. 6.99 and has touched a high and low of Rs. 7.38 and Rs. 6.68 respectively. So far 431532 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 14.40 on 19-Mar-2019 and a 52 week low of Rs. 4.49 on 23-Aug-2019.
Last one week high and low of the scrip stood at Rs. 7.38 and Rs. 6.37 respectively. The current market cap of the company is Rs. 461.16 crore.
The promoters holding in the company stood at 56.25%, while Institutions and Non-Institutions held 16.06% and 27.69% respectively.
The government has no plans to sell BSNL and MTNL or outrightly privatise them. The government revealed this information in Rajya Sabha where Minister of State (MoS) Communications Sanjay Dhotre said that there was no plan to sell the two telecom companies owned by the government.
