MAHANAGAR TELEPHONE NIGAM

48.59 -0.52 (-1.08%)

Don't buy MTNL now, it is underperforming the market

5 min read

MAHANAGAR TELEPHONE NIGAM delivered lacklustre performance on Friday. It fell by -1.08% to close at 48.59. On a day when the overall market breadth was 35%, it closed higher than 16% of the market. In comparison, the benchmark NIFTY-50 index closed today at -0.0081%.

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