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…