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    MTNL share value jumps 20% to hit higher circuit; what’s driving this telecom inventory?

    MTNL share value: A day after clocking a strong acquire of over 6 per cent, shares of Mahanagar Phone Nigam (MTNL) surged as a lot as 20 per cent to hit their higher value band of 57.16 in intraday commerce on BSE on Wednesday, February 5. MTNL share value opened at 54 towards its earlier shut of 47.64 and jumped to the extent of 57.16. Round 12:10 PM, the inventory traded 17.74 per cent greater at 56.09.

    What’s driving MTNL inventory value?

    Contemplating at this time’s excessive of 57.16, the telecom inventory has surged virtually 28 per cent within the final two periods. The inventory has gained momentum amid asset monetisation buzz.

    Extra to come back…

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