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Mahanagar Telephone Nigam Ltd Surges 4.95%

Capital Market 

Mahanagar Telephone Nigam Ltd has added 31.7% over last one month compared to 5.11% gain in S&P BSE Telecom index and 1.44% rise in the SENSEX

Mahanagar Telephone Nigam Ltd gained 4.95% today to trade at Rs 12.09. The S&P BSE Telecom index is up 0.66% to quote at 1142.79. The index is up 5.11 % over last one month. Among the other constituents of the index, Reliance Communications Ltd increased 4.71% and Vodafone Idea Ltd added 3.83% on the day. The S&P BSE Telecom index went up 10.45 % over last one year compared to the 15.5% surge in benchmark SENSEX.

Mahanagar Telephone Nigam Ltd has added 31.7% over last one month compared to 5.11% gain in S&P BSE Telecom index and 1.44% rise in the SENSEX. On the BSE, 69667 shares were traded in the counter so far compared with average daily volumes of 3.86 lakh shares in the past one month. The stock hit a record high of Rs 15.85 on 16 Jan 2019. The stock hit a 52-week low of Rs 4.49 on 23 Aug 2019.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, January 16 2020. 09:30 IST
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