MTNL Share Price Target – 2024, 2025, 2026, 2028, 2030, 2040.
Highlights
Dear investor, today in this article we are going to talk about Mahanagar Telephone Nigam Limited (MTNL).
In this article we are also going to tell you which targets you will see MTNL shares breaking. So we advise you to read the article completely to avoid missing any information.
MTNL Share Company Information
Mahanagar Telephone Nigam Limited was formed by the Government of India in 1986 to expand and develop the Department of Communications.
It is a subsidiary company of Bharat Sanchar Nigam Limited under the Government of India. MTNL is headquartered in New Delhi, India.
MTNL provides fixed-line telecommunication services and mobile services in metro cities. At present, MTNL has 21.62 lakh subscribers which is a growing number.
In 2019, the Government of India also announced the merger of both BSNL and MTNL. However, due to some reasons, it remained only a subsidiary company and their merger is also still pending.
MTNL Share Company Profile
Company Name | Mahanagar Telephone Nigam Limited |
Industry | Telecom Services |
NSE Symbol | MTNL |
Incorporated | 1st April, 1986 |
Listed In | BSE/NSE |
MD/CEO | P K Purwar/Ravi A Robert Jerard |
Website | Click here |
Our Website Link | Click here |
Current Share Price | LIVE SHARE PRICE |
MTNL Share Price Target
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MTNL Share Price Target Table
We have provided you below the results of the analysis done in collaboration with some of our stock market investor friends. And this is our analysis.
Year | MTNL Share Price Target |
2024 | 140.26/- |
2025 | 175.32/- |
2026 | 220.90/- |
2028 | 287.17/- |
2030 | 430.75/- |
2040 | 1292.26/- |
MTNL Share Price Target
MTNL Share Price Target 2024
As we can see, in the last 1 month (as of June-July 2024) MTNL Share has registered a growth of about 127.35%. Seeing this, every investor of MTNL Share is happy and overjoyed.
The main reason for the company’s growth is that the President of India has taken a stake of 56.24% in MTNL Share.
This is also the reason for the rapid growth of this share. Because the company in which the President of India has invested is going to have a golden future,
we have estimated the MTNL Share price target for 2024 to go up to Rs. 140.26/-.
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MTNL Share Price Target 2025
As we mentioned in our previous point the President of India’s eye on MTNL Share means that the government is moving towards working in that area.
And if we talk about the past growth of MTNL share, then it is not difficult to see that before that it did not have the speed which is being seen in the present time.
Keeping these things in mind, we have set an estimated value of Rs. 175.32/- for the MTNL Share price target of 2025.
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MTNL Share Price Target 2026
If we talk about the growth of MTNL Share in the last year, then this stock is seen growing by 397.86%. Which is giving very good returns if seen from a short-term point of view.
And the attention of people is going on this stock because the President of India also has a stake in this MTNL share.
Therefore, based on the analysis done by our team, we have estimated a target of Rs. 220.90/- for MTNL Share price target 2026.
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MTNL Share Price Target 2028
It is a bit difficult to set a target for any stock that covers both long-term and short-term targets. As we see,
MTNL Share has seen an upward trend of 363.43% in the last 3 years. So, our estimate for the coming time is that you can see a growth of more than 200% in MTNL Share,
so our team has set an estimated value of Rs. 287.17/- for the MTNL Share price target 2028.
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MTNL Share Price Target 2030
At this point, we are going to discuss the long-term target of MTNL Share, which will make it easier for you to guess what kind of results this share is going to give you in the coming time.
So as we can see now the government has paid attention to the telecom sector and it is preparing to enter this sector because it is necessary to break the monopoly of Jio and Airtel in the market.
Therefore, you will see its results only in the long term. Due to this, we have set an estimated value of Rs. 430.75/- for the MTNL Share price target in 2030.
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MTNL Share Price Target 2040
As we mentioned in our previous point, the Government of India has already invested in its two big companies BSNL and MTNL, the effect of which is already visible in MTNL shares.
At present, the only objective of the Government of India is to break the monopoly of Jio and Airtel from the market.
For this, the government first invested in VI (Vodafone & Idea) company and now it wants to develop MTNL by investing in it,
the effect of which is visible on its share price. Therefore, we have set an estimated value of Rs. 1292.26/- for MTNL share price target 2040 keeping the long-term in mind.
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Financial Analysis of MTNL Share
MTNL Share (Revenue)
MTNL Share (Profit)
MTNL Share (Net-worth)
MTNL Share 5 yr Chart
What is the 52-week high and 52-week low of MTNL share?
If we talk about the 52-week high of MTNL share then it is Rs. 92.46/- and if we talk about its 52-week low then it has gone up to Rs. 19.35/-.
MTNL Share Fundamental
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MTNL Share Holding Patterns
MTNL Share F.A.Q.
Is MTNL a good stock?
Yes, MTNL share is a good stock because MTNL has given returns of almost 109% in just 1 month and 136% in 3 months. And for any stock to become a multi-bagger, this many returns are enough.
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Why is MTNL share increasing?
There are two reasons for this at present. First, the President of India has taken a stake in this company. Second, Government intervention, potential restructuring, and a possible change in leadership are also reasons for this.
Who owns MTNL?
Bharat Sanchar Nigam Limited (BSNL) itself holds the ownership rights over Mahanagar Telephone Nigam Limited (MTNL) as it is its subsidiary company.
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Is MTNL in loss?
MTNL loss widened to 32.7 billion rupees in the year ended March 2024.
Is MTNL merged with BSNL?
No, Mahanagar Telephone Nigam Limited (MTNL) is a subsidiary company of Bharat Sanchar Nigam Limited (BSNL) for which no news has been received about the merger till now.
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Conclusion
After analysing MTNL share, we have concluded that if you want to invest in this share in the long term then your decision will be proven right but if you want to invest in MTNL share for the short term then you may have to take some risk in it.
And there is also a saying “Risk hai to ishq hai”. So if you want, you can make a profit in the short term as well but it depends on at what point you buy the share.
Disclaimer
This article’s targets or any points should not be taken as investment advice. Since we are not registered advisors, please consult an advisor before investing in any stock. This article has been written for educational purposes only.