Share of Mahanagar Telephone Nigam Ltd(MTNL) is currently trading at around Rs.71/- Existing as well as Prospective Investors are asking for MTNL Share Price Target 2024,2025,2030,2035 & 2040. In this article, we will discuss about the business prospects and financial performance of the Company and based on our discussion and analysis will tell you the MTNL Share Price Target 2025,2030,2035 & 2040.
Discussion & Analysis of Business & Financial performance with future business prospects of Mahanagar Telephone Nigam Ltd(MTNL):
Mahanagar Telephone Nigam Ltd (MTNL) has been experiencing a challenging financial period. In recent years, the company has been dealing with declining revenue, increasing liabilities, and continued operational challenges. For the fiscal year ending March 2024, MTNL reported a total revenue of approximately $96.5 million. The company’s cash flow has been volatile, with negative cash from operating activities for several years, and a significant debt burden that has grown to around ₹30,141 crores
Despite these challenges, MTNL’s stock has shown remarkable growth in recent months. The share price increased by 58.58% over the past six months and 294.26% over the past year, reflecting market optimism possibly fueled by potential restructuring and strategic initiatives The Indian government’s support, including proposed merger plans with Bharat Sanchar Nigam Limited (BSNL), is a critical factor in the company’s future prospects. This merger aims to strengthen the financial and operational standing of both entities by leveraging synergies
MTNL’s current market capitalization stands at approximately ₹4,987 crores, and the stock price as of August 1, 2024, was ₹79.05. However, the company continues to face a challenging environment with a high debt load, negative equity, and operational inefficiencies. The company’s future largely depends on the successful implementation of the government’s restructuring plans and its ability to stabilize its financials
Given these factors, while there is some optimism in the market, investors should approach MTNL with caution, considering the inherent risks and uncertainties associated with its financial health and operational challenges.
Share Price Targets:
MTNL Share Price Target 2024
Based on the above discussion and analysis, the share price of MTNL is likely to touch the level of around Rs.77-80 in 2024
MTNL Share Price Target 2025
Based on the above discussion and analysis, the share price of MTNL is likely to touch the level of around Rs.88-90 in 2025
MTNL Share Price Target 2030
Based on the above discussion and analysis, the share price of MTNL is likely to touch the level of around Rs.135-140 in 2030
MTNL Price Target 2035
Based on the above discussion and analysis, the share price of MTNL is likely to touch the level of around Rs.210-220 in 2035
MTNL Price Target 2040
Based on the above discussion and analysis, the share price of MTNL is likely to touch the level of around Rs.350-360 in 2040
Disclaimer: Investment in Capital Market/Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the future market expectations. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general Guidance & Educational purpose only. We keep revising our share price targets based on the latest information available with us. Please keep visiting our website regularly to keep yourself updated. MoneyInsight does not offer investment advice and does not encourage any action based on its content.
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