Shares of MTNL surged 8% after the government plans a bailout package for company.
MTNL: GOVT PLANS BAIL OUT PACKAGE FOR CO
— RedboxGlobal India (@REDBOXINDIA) October 23, 2024
The stock opened at ₹47.00, reached a high of ₹51.41, and dipped to a low of ₹45.32 during trading. Over the past year, the stock has experienced significant volatility, with a 52-week high of ₹101.93 and a low of ₹25.25. Investors are optimistic that the bailout will stabilize MTNL’s operations and improve its market position.
As of 1:52 pm, MTNL shares were trading 8.48% higher at Rs 51.00 on the NSE.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information
