MTNL Share Price Target by Experts ​
Market Update (Today):
Mahanagar Telephone Nigam Ltd (MTNL)
Current Price: ₹48.03
Daily Change: +0.22 (0.46%)
Mahanagar Telephone Nigam Ltd. (MTNL), a public sector telecom provider in India, focuses its operations in Delhi and Mumbai. With approximately 3.5 million subscribers, MTNL has historically played an essential role in India’s telecommunications landscape. However, the company faces intense competition from private-sector giants like Reliance Jio, Bharti Airtel, and Vodafone Idea, which have consistently led in customer acquisition and service innovation.
MTNL’s Financial Challenges: Key Red Flags
Despite its historical significance, MTNL’s financials have been under pressure:
- High Interest Costs: MTNL has faced rising interest expenses, cutting into profitability.
- Declining ROA: Reflects less efficient asset utilization over the past two years.
- Low Operating Income: Heavy reliance on non-operating income shows weakened core operations.
- Revenue and Profit Degrowth: MTNL has experienced a decline in revenue and net profits.
- Low Piotroski Score: A low score suggests weaker financial health compared to industry peers.
- Declining Net Cash Flow: The company has struggled to generate positive net cash.
- Falling Book Value Per Share: Indicates eroded shareholder value over recent years.
Expert Analysis on MTNL Share Price Target by 2025
Despite these challenges, analysts see potential near-term targets for MTNL shares:
- Ravi Singh, Religare Broking: Expects the stock to reach an upside target of ₹60 in the near term, given current support levels.
- Jigar S Patel, Anand Rathi: Predicts a trading range between ₹48 and ₹65, suggesting resistance at ₹65.
- AR Ramachandran: Suggests a price target of ₹63.2 if MTNL closes above ₹54 on the daily chart.
MTNL’s current price of ₹48.03 places it within a strategic range, where expert targets suggest potential for short-term gains. Investors should remain cautious, however, as MTNL’s financial stability and competitive positioning are areas of concern. For those looking to trade on short-term movement, MTNL may offer opportunities, but long-term investment prospects remain uncertain without significant operational improvements.
Disclaimer: This article is intended for informational purposes and does not constitute financial advice.
