LiveIndia Update – MTNL Share Price: Breaking Down the Latest Price Action

June 27, 2025: MTNL Share Price– Mahanagar Telephone Nigam, a prominent player in the Telecom Services sector and classified as a Smallcap on the BSE, is currently trading at ₹52.59. The stock witnessed intraday volatility today, moving between ₹52.19 and ₹53.79, reflecting ongoing market dynamics as it navigates support and resistance levels near its daily pivot of ₹52.81.

Performance Snapshot
Despite a minor daily decline of -1.17%, MTNL has demonstrated healthy momentum over recent periods, posting returns of 10.09% over the last month and 19.17% across the past three months. Its 52-week trading range has spanned from a low of ₹37.49 to a high of ₹101.88, underscoring substantial price movement potential for investors.

Technical Overview
The stock’s resistance levels are defined at ₹53.44 (R1), ₹54.41 (R2), and ₹55.04 (R3), while support can be expected at ₹51.84 (S1), ₹51.21 (S2), and ₹50.24 (S3). Current trading near the pivot level suggests cautious optimism among traders, with the next moves dependent on breaking these key technical thresholds.

The moving averages paint a nuanced picture of MTNL’s trend. The 5-day Simple Moving Average (SMA) is at ₹49.18, with the Exponential Moving Average (EMA) slightly higher at ₹51.1, indicating recent buying interest. The 10-day SMA and EMA hover around ₹50.61 and ₹50.47 respectively, reinforcing a near-term consolidation phase. The longer-term averages — including the 50-day SMA of ₹45.55 and EMA of ₹47.65, and 100-day SMA of ₹45.61 with EMA at ₹47.03 — highlight a steady upward trajectory over recent months. The 200-day SMA and EMA, at ₹48.33 and ₹46.89, further affirm the sustained positive momentum.

Sectoral Comparison
Within the telecom sector, MTNL’s performance stands out, showing a 10.35% gain over the past week, closely matched by its monthly and quarterly gains of around 10% and 19%, respectively. Its six-month return is 4.85%, with one-year, three-year, and five-year gains of 23.32%, 175.18%, and an impressive 473.17%, signaling strong long-term growth potential.

For comparison, Bharti Airtel—a major telecom competitor—posted more moderate recent gains, with a weekly rise of 3.81%, a monthly gain of 9.05%, and a three-month increase of 16.68%. Over longer periods, Bharti Airtel’s performance remains robust, with a 36.62% return in one year and solid three- and five-year gains.

Investor Outlook
MTNL’s current technical setup and historical performance suggest that the stock could offer compelling opportunities for investors willing to navigate its volatility. With key pivot and resistance levels closely watched, a breakout above ₹53.44 could signal further upward movement. Meanwhile, the strong moving averages support a bullish outlook over the medium to long term.