Mahanagar Telephone Nigam Ltd. Share Price

Overview

Mahanagar Telephone Nigam Ltd. share price is currently ₹23.17, down by - ₹0.20 (0.86%) from its previous closing price of ₹23.37. The share price has declined -11.16% over the past month and declined -47.18% over the past year. The stock's 52-week low and high are ₹20.84 and ₹45.31, respectively. Mahanagar Telephone Nigam Ltd. has a market capitalisation of ₹ 1,500.00 Cr. The share price was last updated on 21 Sep 2026, 01:45 PM IST.

Mahanagar Telephone Nigam Ltd.
Mahanagar Telephone Nigam Ltd.
MTNL
 0.00
- 0.20
0.86%
Telecom
 0.00(%)1D

Updated: 21 Sep 2026, 01:45:14 pm IST

Market Data

Open Price

 23.07

Prev. Close

 23.37
 23.07

Day Low

 23.40

Day High

 20.84

52 Week Low

 45.31

52 Week High

TelecomTelecommunication - Service Provider
CategorySmall Cap

Fundamentals

Quick Bite

Price To Earnings Ratio

-0.49

Sector PE

20.66

PB Ratio

-0.05

Sector PB

6.85

EPS

-47.72

Dividend Yield

0.00

Today's Volume

192.545 K

5 Day Avg. Volume

661.472 K

PEG Ratio

0.27

Market Cap.

₹ 1,500.00 Cr.

StockGro Trade views

Technical Analysis

Forecasts 🧭

Financials

Corporate Actions

Corporate Actions will be available shortly.

Mutual Fund Ownership

Mutual Fund Holder
Jul 26
Shares held
Aug 26
Shares held
Motilal Oswal BSE 1000 Index Fund - Regular Plan - Growth821
822
(0.12%)

About Mahanagar Telephone Nigam Ltd. 👋

Mahanagar Telephone Nigam Limited is an India-based telecommunication services company. The Company is a provider of fixed-line telecommunication service in the two metropolitan cities of Delhi and Mumbai. Its segments include Basic and Cellular. Its mobile services include prepaid, postpaid, third generation (3G) data plans, 3G settings, mobile television, international calling, value-added services, mobile connection requests, and mobile recharge. It also provides toll-free services, leased circuits, Web hosting, industrial training, toll-free services, universal access numbers, and virtual card calling. It offers mobile services in the city of Delhi, including Noida, Gurgaon, Faridabad and Ghaziabad and the Mumbai city, along with the areas falling under the Mumbai Municipal Corporation, New Mumbai Corporation and Thane Municipal Corporation. Its subsidiaries include Mahanagar Telephone (Mauritius) Limited, Millennium Telecom Limited, MTML International Limited and others.

Expert Opinions

Insights from SEBI-registered analysts · updated live

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Harshal Parmar

Harshal Parmar

29 Jun • 4:50 PM · SEBI-Registered Analyst

“Telecom May 2026: Airtel rings loud, Jio surges in broadband, but churn keeps investors on edge.”

IDEA
BHARTIARTL
📊 May 2026 Telecom Data Snapshot Total subscribers: 1,343.10 million (+0.42% MoM) Broadband subscribers: 1,080.15 million (+0.63% MoM) Active wireless subscribers (VLR): 1,195.74 million Mobile Number Portability (MNP): 14.46 million requests (high churn) Urban share: 58.65% | Rural share: 41.35% Tele-density: 94.02% (with M2M connections) 📊 Impact on Stocks Positive bias: Subscriber growth supports valuations of Airtel and Jio, especially with 5G expansion and broadband leadership. Vodafone Idea: Minor gains but balance sheet stress remains; stock sentiment cautious. PSU operators (BSNL/MTNL): Declining base continues to weigh on investor confidence. Sector-wide: High MNP churn (14.46M requests) indicates intense competition, which may cap margin expansion. 🔮 Strategic Outlook 5G & FWA growth: Jio’s dominance in broadband and Airtel’s mobile gains highlight the pivot toward 5G-led services. Rural penetration: Growth remains slower (0.18% MoM vs 0.59% urban), signaling untapped potential but requiring heavy capex. Churn management: High portability requests show customers are price-sensitive; operators must balance tariffs with retention. Digital ecosystem: Bundled services (OTT, fintech, IoT) will be key differentiators for long-term growth. ✅ Investor Takeaways Bullish on Airtel & Jio: Strong subscriber additions and broadband leadership support near-term stock momentum. Cautious on Vodafone Idea: Incremental gains but structural debt issues persist. Monitor churn: High MNP requests could pressure ARPU and margins. Strategic focus: Watch for rural expansion, 5G monetization, and bundled digital offerings as key drivers of FY27 growth.

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DEEPAK PAL

DEEPAK PAL

12 Apr • 11:13 PM · SEBI-Registered Analyst

"TEJASNET ₹1150 5G powerhouse! BSNL ₹19K Cr order + Q4 execution = ₹1250 rocket! BharatNet/PLI telecom king! "

Company Business & Future Outcomes

TEJASNET
TEJASNET India's premier indigenous telecom equipment manufacturer specializing optical transport networks, wireless backhaul, 5G RAN solutions, broadband access equipment, defense communication systems; strategic vendor to BSNL (₹19,000 Cr 4G/5G stack), MTNL, RailTel, serving 75+ countries with Tier-1 operators. Growth catalysts include BharatNet Phase III rural broadband, international hubs (US/Europe/Africa targeting 30% revenue mix by 2026), Saankhya Labs satellite IoT acquisition, PLI telecom scheme benefits. Management projects revenue CAGR 25%+, EBITDA margins 18-20% trajectory supporting analyst price targets ₹1,500-1,800 short-term, ₹2,500+ long-term on 5G/AI data center dominance.
TEJASNET
TEJASNET
TEJASNET
TEJASNET
News Events & Impact BSNL 4G equipment supply acceleration under ₹19,000 Cr mega-contract triggered recent rally positioning TEJASNET as IndiaStack 5G champion. Q1 sequential revenue normalization expected but record order book ₹8,000+ Cr reaffirms execution confidence. International Tier-1 wins + Tata Group strategic backing enhance institutional conviction.
TEJASNET
TEJASNET
TEJASNET
TEJASNET
Micro & Macro Events Micro events: Q4 FY26 results 15-Apr-2026 (consensus revenue ₹800-1,000 Cr BSNL ramp-up, EBITDA margin 15-18%, BSNL order execution update critical), Saankhya Labs integration update। Macro tailwinds: BSNL 4G/5G nationwide rollout, BharatNet Phase III ₹1.5 lakh Cr rural broadband, PLI telecom scheme ₹12,000 Cr indigenous manufacturing incentives, China equipment ban creating market monopoly। Execution risks: BSNL payment delays.
TEJASNET
TEJASNET
TEJASNET
TEJASNET

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Ankit Gupta

Ankit Gupta

30 Mar • 5:24 PM · SEBI-Registered Analyst

MTNL
: CO EXECUTES DEED OF ASSIGNMENT OF LEASEHOLD PROPERTY WITH NABARD || NABARD PAYS FULL CONSIDERATION OF 3.51B RUPEES FOR PROPERTY

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Sneha Jain

Sneha Jain

1 Jan • 12:47 PM · SEBI-Registered Analyst

MTNL / BSNL – Launch of Voice over Wi-Fi (VoWiFi) Services

• Service Launch: BSNL launches Voice over Wi-Fi calling across all telecom circles in India, effective January 1, 2026. • Functionality: Enables users to make calls and send messages over Wi-Fi networks, complementing mobile connectivity. • Cost to Users: Free of charge, no additional fees for using the service. • Strategic Aim: Helps reduce mobile network congestion and improves call quality in areas with weak cellular coverage. • Network Modernisation: Part of BSNL’s broader network upgrade and coverage expansion plan, enhancing service reliability and customer experience.

MTNL

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Jeet B Bhayani (SEBI RA)

Jeet B Bhayani (SEBI RA)

19 Dec • 12:00 AM · SEBI-Registered Analyst

A recent report by Mr. Scindia reveals that India’s telecom exports saw a remarkable growth of 72%, climbing from Rs. 10,000 crores (US$ 1.10 billion) to rupees. 18,406 crores (US$ 2.03 billion). This significant rise in exports demonstrates the increasing competitiveness of India's telecommunications production and export sector. Elements that led to this rise in exports encompass heightened domestic production, enhanced economies of scale, and better abilities in manufacturing different kinds of telecom equipment and supporting components. India's export results demonstrate the progress made in establishing itself as a reliable provider of telecom products globally. The government's recent announcement illustrates how initiatives aimed at boosting domestic manufacturing and exports have greatly enhanced the telecom sector's export performance. The rising share of telecom sector exports suggests that it is becoming more integrated into global value chains, indicating heightened international demand for telecom products made in India. The growing telecom exports align with the Government's long-term goal of fostering self-sufficient economies and enhancing India's status in international trade. Consequently, robust growth in telecom-related exports clearly signifies that there is considerable potential for the telecom sector to positively influence the overall economy, broaden the manufacturing foundation, and drive export-driven development.

MTNL
UNIINFO

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Saurabh Tyagi--Clovek,Advisory

Saurabh Tyagi--Clovek,Advisory

15 Dec • 6:18 PM · SEBI-Registered Analyst

MTNL

MTNL
Board of Directors approved the sale of its residential property at BKC, Mumbai, to NABARD for ₹350.72 crore. The 28-resident quarters in 2,680 sqm area will be transferred through a government-to-government sale. NABARD will bear stamp duty, registration fees, and incidental charges.

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