Net Loss of Mahanagar Telephone Nigam reported to Rs 832.26 crore in the quarter ended December 2018 as against net loss of Rs 639.01 crore during the previous quarter ended December 2017. Sales declined 11.31% to Rs 514.50 crore in the quarter ended December 2018 as against Rs 580.12 crore during the previous quarter ended December 2017.

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Mahanagar Telephone Nigam will hold a meeting of the Board of Directors of the Company on 14 February 2019.

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Mahanagar Telephone Nigam Ltd rose 4.08% today to trade at Rs 16.85. The S&P BSE Telecom index is up 0.85% to quote at 996.78. The index is up 0.5 % over last one month. Among the other constituents of the index, Tata Teleservices (Maharashtra) Ltd increased 2.25% and GTPL Hathway Ltd added 2.03% on the day. The S&P BSE Telecom index went down 40.14 % over last one year compared to the 6.81% surge in benchmark SENSEX.

Mahanagar Telephone Nigam Ltd has added 31.03% over last one month compared to 0.5% gain in S&P BSE Telecom index and 0.21% drop in the SENSEX. On the BSE, 1.04 lakh shares were traded in the counter so far compared with average daily volumes of 2.24 lakh shares in the past one month. The stock hit a record high of Rs 31.25 on 03 Jan 2018. The stock hit a 52-week low of Rs 11.9 on 10 Dec 2018.

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Mahanagar Telephone Nigam Ltd lost 2.27% today to trade at Rs 13.8. The S&P BSE Telecom index is down 0.7% to quote at 978.33. The index is down 6.34 % over last one month. Among the other constituents of the index, Bharti Airtel Ltd decreased 0.93% and Sterlite Technologies Ltd lost 0.8% on the day. The S&P BSE Telecom index went down 37.81 % over last one year compared to the 8.06% surge in benchmark SENSEX.

Mahanagar Telephone Nigam Ltd has lost 0.36% over last one month compared to 6.34% fall in S&P BSE Telecom index and 1.98% rise in the SENSEX. On the BSE, 18995 shares were traded in the counter so far compared with average daily volumes of 1.22 lakh shares in the past one month. The stock hit a record high of Rs 31.25 on 03 Jan 2018. The stock hit a 52-week low of Rs 11.9 on 10 Dec 2018.

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