LiveIndia Markets Update: MTNL Trading Lower Amid Sector-Wide Consolidation
July-1, 2025: Mahanagar Telephone Nigam Ltd (NSE: MTNL) opened Monday’s trading session slightly in the red, down 0.84% at ₹51.85, compared to the previous close of ₹52.29. The stock saw limited volatility in the first hour, hovering between ₹51.60 and ₹52.60.
Also Read: LiveIndia Markets Update: Swiggy Trades Lower in Early Trade Amid Muted Market Sentiment
The minor decline reflects broader investor caution in the telecom sector, even as heavyweight Bharti Airtel moved up by 0.72% to ₹2,024.10 and Indus Towers rose 1.02% to ₹425.40. On the other hand, Vodafone Idea Ltd gained 0.81% to ₹7.49, and Tata Teleservices (Maharashtra) Ltd traded at ₹66.48, up 0.59%.
While MTNL remains a low-volume, PSU stock with legacy infrastructure and debt burdens, it continues to draw interest during speculative upswings and disinvestment speculation. However, no fresh government signals or structural reforms have been announced that would significantly affect its fundamentals at this stage.
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