MTNL Share Price Target – 2024, 2025, 2026, 2028, 2030, 2040

MTNL Share Price Target – 2024, 2025, 2026, 2028, 2030, 2040.

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

Also Read: HUDCO Share Price Target

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/-.

Also Read: HAL Share Price Target

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.

Also Read: Jio Financial Services Share Price Target

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.

Also Read: SJVN Share Price Target

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.

Also Read: Bel Share Price Target

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

Also read: PNB Share Price Target

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.

Also Read: HUDCO Share Price Target

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.

Also Read: Bank of Maharashtra Share Price Target

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.

Also Read: YES Bank Share Price Target

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.