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Mahanagar Telephone Nigam Ltd Spurts 1.97%

Picture Source: Internet

Mahanagar Telephone Nigam Ltd has added 11.51 per cent over October 22 compared to a 4.03 per cent gain in the S&P BSE Telecommunication index and a 3.55 per cent rise in the SENSEX.

Mahanagar Telephone Nigam Ltd rose 1.97 per cent on 24 November 2022 to trade at Rs 23.25. The S&P BSE Telecommunication index is up 0.53 per cent. The index is up 4.03 per cent over October 22. Some others are Bharti Airtel Ltd increased by 1.1 per cent, and Tejas Networks Ltd added 0.77 per cent. The S&P BSE Telecommunication index went down 3.04 per cent in 2021 compared to the 5.68 per cent surge in benchmark SENSEX.

Mahanagar Telephone Nigam Ltd has added 11.51 per cent over October compared to a 4.03 per cent gain in the S&P BSE Telecommunication index and a 3.55 per cent rise in the SENSEX. On the Bombay Stock Exchange (BSE), 53 shares were traded compared to daily average volumes of 2.15 lakh shares in October. 

On December 29 2021, the stock hit a record high of Rs 40.85, whereas, on June 20 2022, the stock hit a 52-week low of Rs 16.7.

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