Public sector telecommunications company of India National stock Exchange MTNL is right now an interesting topic among the investors and analysts all waiting for its future possibilities for the next share price.
MTNL share price projections for 2024, 2025, 2030, 2040, and 2050 are examined in this article, along with variables that may affect its stock performance.
What is Mahanagar Telephone Nigam Ltd NSE MTNL?
India’s major participant in the telecom domain is the Mahanagar Telephone Nigam Limited (MTNL) which is a government operated company that started its operation in 1986 and major operating centers include Mumbai and New Delhi. As of the date of this research, MTNL still has its operations in operating in the nation’s telecommunication sector.
Fundamental Table
| Metric | Value |
| Market Cap | ₹3,491 Crore |
| P/E Ratio | |
| Book Value | |
| Dividend Yield | |
| ROCE | |
| ROE | |
| Debt to Equity | |
| Promoter Holding | 56.25% |
| EPS (TTM) |
Key Metrics
| FY PE Ratio | PB Ratio | Dividend Yield |
|---|---|---|
| -1.08 | -0.15 | — |
| Sector PE | Sector PB | Sector Div Yld |
|---|---|---|
| -166.73 | 14.96 | 0.34% |
MTNL Share Price Target Tomorrow
| Target | Price |
| Maximum | +2.72 |
| Minimum | -4.24 |
MTNL Share Price Target 2024
The MTNL share prices are expected to rise in the year 2024, on the condition that it is able to execute its turnaround strategy properly and the company continues to get financial support from the government. According to the current trends and the moderate increase in the company’s growth, I think that the MTNL share price will be in the range of ₹30 to ₹100 in 2024.
| Year | Minimum Price (₹) | Maximum Price (₹) |
| 2024 | 30 | 100 |
| Month | Minimum Price (₹) | Maximum Price (₹) |
| January | 30 | 60 |
| February | 37 | 63 |
| March | 39 | 75 |
| April | 42 | 80 |
| May | 42 | 90 |
| June | 45 | 95 |
| July | 49 | 100 |
| August | 50 | 90 |
| September | 54 | 80 |
| October | 53 | 75 |
| November | 55 | 75 |
| December | 55 | 80 |
MTNL Share Price Target 2025
There are optimistic predictions that speaking of MTNL financial and market situation, they can improve by 2025. Depending on the company’s ability to leverage the expansion of the telecom services demand and its execution of the cost-efficiency measures, we expect the share price to be between ₹50 and ₹120 for 2025.
| Year | Minimum Price (₹) | Maximum Price (₹) |
| 2025 | 50 | 120 |
| Month | Minimum Price (₹) | Maximum Price (₹) |
| January | 50 | 102 |
| February | 55 | 104 |
| March | 58 | 106 |
| April | 60 | 108 |
| May | 61 | 110 |
| June | 63 | 112 |
| July | 65 | 114 |
| August | 67 | 116 |
| September | 70 | 118 |
| October | 71 | 120 |
| November | 69 | 120 |
| December | 68 | 120 |
Share Price Target 2030
When forecasting MTNL share prices of 2030, one has to factor into consideration long-term market dynamics, new technologies and the position that MTNL will occupy in that market. Looking into the kind of growth opportunities that MTNL has and how it manages the challenges facing it, our observation indicates that the MTNL share price may reach between 200 – 250 by the year 2030.
| Year | Minimum Price (₹) | Maximum Price (₹) |
| 2030 | 200 | 250 |
| Month | Minimum Price (₹) | Maximum Price (₹) |
| January | 200 | 205 |
| February | 205 | 210 |
| March | 210 | 215 |
| April | 215 | 220 |
| May | 220 | 225 |
| June | 225 | 230 |
| July | 230 | 235 |
| August | 235 | 240 |
| September | 240 | 245 |
| October | 245 | 250 |
| November | 248 | 250 |
| December | 250 | 250 |
MTNL Share Price Target 2050
Predicting 2050 share prices is difficult owing to technological, market, and global economic developments. If MTNL succeeds in adapting to the changing telecom industry, we predict a share price range of ₹500 to ₹700 by 2050.
| Year | Minimum Price (₹) | Maximum Price (₹) |
| 2050 | 500 | 700 |
| Month | Minimum Price (₹) | Maximum Price (₹) |
| January | 500 | 520 |
| February | 520 | 540 |
| March | 540 | 560 |
| April | 560 | 580 |
| May | 580 | 600 |
| June | 600 | 620 |
| July | 620 | 640 |
| August | 640 | 660 |
| September | 660 | 680 |
| October | 680 | 700 |
| November | 690 | 700 |
| December | 700 | 700 |
Peers & Comparison
| Stock | PE Ratio | PB Ratio | Dividend Yield |
|---|---|---|---|
| Mahanagar Telephone Nigam Ltd | -1.08 | -0.15 | — |
| Bharti Airtel Ltd | 133.21 | 9.42 | 0.45% |
| Vodafone Idea Ltd | -2.93 | -0.88 | — |
| Bharti Hexacom Ltd | 136.12 | 14.80 | 0.29% |
Also Read – Orient Green Power Share Price Target 2024, 2025, 2030, 2040, 2050
Should I buy MTNL stock?
When investing in MTNL, examine the pros and drawbacks. To aid your judgment, consider these data:
| Year | Minimum Price (₹) | Maximum Price (₹) |
| 2024 | 30 | 100 |
| 2025 | 50 | 120 |
| 2030 | 200 | 250 |
| 2040 | 350 | 450 |
| 2050 | 500 | 700 |
This shows that MTNL has always been in a financial turmoil and has suffered working capital shortages and increasing losses in revenues. This total income reduced the company’s from ₹2,606. In FY year 2019 it was ₹ 49 crore and ₹ 1304 crore in the FY2021-present. was ₹449 crore in FY2023 and announced a whopping net loss of ₹2,465 crore. 00 crore in FY2023.
Despite these challenges ndition is however relieved noting that the government has been providing it with financial support and a proposed merger with BSNL. Perhaps, this is what the long-term investors might fancy about this company; the fact that government support is available and that the company might turn around for the better at any one time.
Mahanagar Telephone Nigam Ltd Earning Results
The Q1 FY2024 income for MTNL was ₹184.02 crore, down from ₹239.92 crore in the previous quarter. The company net loss improved to ₹772.94 crore from ₹1,014.36 crore in Q4 FY2023. However, the company continual losses underline its financial issues.
| Quarter | Revenue (₹ Cr) | Net Loss (₹ Cr) | EPS (₹) |
| Q1 FY2024 | 184.02 | 772.94 | 12.24 |
| Q4 FY2023 | 239.92 | 1,014.36 | 16.07 |
| Q3 FY2023 | 239.92 | 775.51 | 12.28 |
| Q2 FY2023 | 216.42 | 737.98 | 11.69 |
Expert Forecasts on the Future of (MTNL) Mahanagar Telephone Nigam Ltd.
Many opinions regarding the MTNL have been given by the various experts. There are those who think that much can be done in the future through the government revival plan and the proposed BSNL merger approaching, if and only if, these two strategies are implemented in the right way, for MTNL to also come back to its profitable ways and its standing in the market.
But there are others which are not so inclined about the capacity of MTNL to compete in the ever changing telecom sector. These include concerns over the company’s old-age networks and facilities, high level of indebtedness and high capital expenditure required to upgrade some of its networks.
All in all, the situation concerning the consolidation and the challenges that MTNL has been facing along with its strengths; one can conclude that government support will provide quite a level of protection to the company. Finally, the strategy for its long-term sustainability can only be realized after restructuring this company and, of course, their proper adaptation to new technologies such as 5G.
Conclusion
Hopefully, www.sharetargethub.com will help you gain some basic ideas about the MTNL Share Price Target. By doing the research and taking advice from expertise we ensure that on a long-term basis, MTNL Share Price Target may reach a very high position. MTNL Power is related to the fabric manufacturing sector. So the demand for this sector also increases which helps the share to gain profit in the future.
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