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Mtnl Takes A Pasting On Profit Booking

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BUSINESS STANDARD

Profit-booking today took its toll on the MTNL share, despite its 44 per cent rise during the last five sessions. The stock, which was one of the biggest loser on the sensex today, declined by 6.26 per cent to end at Rs 109.25.

A total of 13.40 lakh shares changed hands at the counter. During the last five sessions between January 24 and January 30, the share rose by 44 per cent to Rs 116.55 from Rs 81.05, following sustained buying by institutions on hopes that the company

 

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First Published: Feb 04 2003 | 12:00 AM IST

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