This article provides comprehensive information on the MTNL Share Price Target. (MTNL Share Price Target 2025, 2026, 2030, 2040, 2050). Let’s get started.

India has a big company called Mahanagar Telephone Nigam Limited, or MTNL. The Government owns it and helps people make phone calls and use the internet.

Some people who buy and sell shares of a company, called investors, are concerned about how much a company’s shares (i.e., a small part of a company you can buy) will be worth in the future.

MTNL is a big company that started in 1986 and helps people in India talk to each other by providing affordable phone and communication services.

MTNL mainly operates in the areas around Delhi and Mumbai. It also works in other countries like Mauritius and Nepal through special partnerships.

However, since it operates only in a few places, competing with big telecom companies nationwide is difficult.

https://www.mtnl.in

This article talks about what might impact the Price of MTNL shares in 2025, 2026, 2030, 2040, and 2050. It also explains some factors that might drive the stock up or down.

What is Mahanagar Telephone Nigam Ltd NSE: MTNL?

MTNL is a government-owned company that was started in 1986. It helps people in Mumbai and New Delhi talk to each other by providing phone and internet services. MTNL is a vital part of India’s phone and internet system.

Owned by Mauritius Telecommunications Network Limited, this company helps people talk on their phones, use the internet, and make long-distance calls to other countries. It is heavily dependent on other local companies for some of its operations.

Sadly, its partnership in Nepal is failing, and few people use their services there.

In recent years, MTNL has faced a lot of problems. Their phones and systems are old and not as good as others. Because of this, many people started using the services of different companies.

MTNL also did not spend enough money to improve its network, worsening the situation.

MTNL owed a lot of money by the end of the year 2022 – Rs 26,800 crore. Since it didn’t have enough money, it couldn’t upgrade or add new services.

This meant that many of the projects they wanted to do were delayed or had to be put on hold.

While it’s difficult, MTNL is still one of India’s first government-owned phone companies, and it continues to Help people by providing vital phone and internet services.

Company Overview

Company Name	Mahanagar Telephone Nigam Limited
Stock Name	NSE: MTNL
Founded in	1 April 1986, New Delhi
Headquarters	New Delhi, India
Founder	Government of India
Current Share Price	41.15 INR
Industry	Telecommunications
Revenue	RS 1,798.41 crore (US$210 million)
Market Capitalization	25.85 billion INR
Primary Exchange	New York stock exchange (NYSE)
Employees	3,309+
Official Website	https://www.mtnl.in

Fundamental Table

Metric	Value
Market Capitalization	₹2,859 crore
Current Price	₹45.16
High / Low (52 weeks)	₹103 / ₹31.3
Stock P/E	N/A (due to negative earnings)
Book Value	₹-402
Dividend Yield	0.00%
ROCE	-8.19%
ROE	N/A
Face Value	₹10
Industry PE	51.7
Net Cash Flow (PY)	₹67.2 crore
PBT (Quarterly)	₹-890 crore
EPS	₹-52.3
Promoter Holding	56.3%
PEG Ratio	N/A
Net Profit (Annual)	₹-3,288 crore
Debt	₹31,204 crore
Dividend (Last Year)	₹0.00 crore
Current Liabilities	₹11,626 crore
Current Assets	₹5,478 crore
Debt-to-Equity Ratio	N/A
Price-to-Book Value	N/A
Graham Number	N/A

Key Financials

Metric	Value
Sales	₹800 Cr. (FY 2024)
Operating Profit	₹-482 Cr. (FY 2024)
Compounded Sales Growth (5 Years)	-18%
Compounded Profit Growth (5 Years)	1%
Stock Price CAGR (5 Years)	34%
Return on Equity (ROE) – 5 Years	–
Cash from Operating Activity	₹131 Cr. (FY 2024)

MTNL Share Price History

Period	Share Price (INR)
Before 6 Months	₹48.95
Before 1 Year	₹35.31
Before 5 Years	₹12.71
All-Time Max	₹103

MTNL Share Price Today

MTNL is a government-owned company mainly providing phone and internet services in Mumbai and Delhi.

The company’s performance depends on how much money it makes, regulations set by the Government, other companies selling similar services, and how people feel about investing in it.

Recently, MTNL faced some financial problems, such as default in paying back interest, which may affect how much people want to buy or invest in shares.

Check Live Price here:

Day	Minimum Price	Maximum Price
Today	-₹5.15	+₹41.13

MTNL Share Price Target Tomorrow

MTNL is a company that helps people in Mumbai and Delhi talk to each other over the phone. Tomorrow, its share price (like a small part of the company you can buy) could go up or down.

This could be because more people want to buy or sell it, or because the Government or the company is making new rules. If the company owes a lot of money or has old equipment, this could also affect the Price.

Since many companies compete in the phone business, the share price could change quickly or slowly. Typically, the Price could go up or down by 2 to 4 rupees.

Price Type	Change
Maximum (₹)	+ 5
Minimum (₹)	– 3

MTNL Indicator-Based Technical Analysis

NOTE!
Signals about buying or selling depend on how long you want to hold the stock. If you are planning to buy MTNL stock and hold it for more than a week, it is best to look at signals from weekly and daily charts. But if you are thinking of trading only for a short period of time, like a few minutes or a few hours, then signals from 5-minute to 1-hour charts work better.

Subex Share Price Target 2025, 2026, 2030, 2040, 2050

MTNL Share Price Prediction

Year	Minimum Target (₹)	Maximum Target (₹)
2025	26	71
2026	51	96
2027	100	150
2028	120	170
2029	180	210
2030	221	271
2040	521	691
2050	1021	1491

MTNL Share Price Prediction

MTNL Share Price Target 2025

People believe that by 2025, the Price of MTNL shares could be between Rs 26 and Rs 71.

How high it will go depends on whether the Government helps the company, whether they improve their phone network, and whether the company goes private (owned by private people).

To perform well, MTNL needs to do better and lose less money. They can grow along with India’s busy phone market if they succeed.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2025	26	71

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	41.05	53.42
February	41.22	57.51
March	35.92	58.01
April	31.42	60.12
May	26.00	61.88
June	34.59	63.58
July	38.42	68.58
August	48.68	70.64
September	51.59	72.69
October	56.46	74.59
November	61.88	78.65
December	68.42	71.00

MTNL Share Price Target 2026

MTNL shares are expected to be between Rs 51 and Rs 96 in 2026.

This means that people think the company’s value could increase as they plan to improve their phone and internet services, upgrade their network, work with other companies, and take advantage of new technologies like 5G.

If MTNL works hard to make more money and run better, these improvements could Help the share price reach the expected range.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2026	51	96

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	51.04	53.42
February	51.21	57.51
March	55.91	58.01
April	51.41	60.12
May	58.56	61.88
June	51.00	63.58
July	68.41	68.58
August	68.67	70.64
September	71.58	72.69
October	76.45	74.59
November	81.87	78.65
December	88.41	96.00

MTNL Share Price Target 2027

MTNL’s share price is expected to be Rs 99 by 2027. Because the Government is introducing the new 5G technology, MTNL can make more money.

More people in India are using the internet often, especially after COVID-19. If MTNL provides affordable internet and broadband services, it can Help the company grow and earn more money.

Our research shows that the company’s stock price will be around ₹83.84 in 2025.

We estimate the stock price will be between ₹100 and ₹150 in 2027.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2027	100	150

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	141.04	143.41
February	141.21	1547.50
March	135.91	148.00
April	131.41	140.11
May	100	121.87
June	134.57	143.57
July	138.41	148.57
August	148.67	149.63
September	141.58	142.68
October	146.45	147.58
November	141.87	148.64
December	148.41	150

MTNL Share Price Target 2028

People think that by 2028, MTNL’s share price will be between Rs 120 and Rs 170. This is because more people will use faster internet (called 5G) and there will be more demand for online services.

The Government is also helping MTNL, a government-owned company, perform better.

They will work on running the company more smoothly, saving money, and working with other companies. All these things should Help the share prices reach the expected range.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2028	120	170

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	141.04	153.41
February	141.21	157.50
March	135.91	148.00
April	131.41	140.11
May	120.00	131.87
June	134.57	143.57
July	138.41	148.57
August	148.67	150.63
September	151.58	162.68
October	156.45	164.58
November	161.87	168.64
December	168.41	170.00

MTNL Share Price Target 2029

MTNL thinks its share price can be between Rs 180 and Rs 210 in 2040. This is because they believe that more people will start using the new 6G internet, the Government will Help, and the company will have better buildings and technology.

They are also working on innovative city projects, smart devices, and super-fast internet, making more people want to use their services. All these things can Help the company grow and make money in the long run.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2029	180	210

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	191.04	193.41
February	191.21	197.50
March	185.91	188.00
April	181.41	180.11
May	180.00	181.87
June	184.57	183.57
July	188.41	188.57
August	198.67	199.63
September	191.58	192.68
October	196.45	198.58
November	191.87	198.64
December	198.41	210.00

MTNL Share Price Target 2030

To predict MTNL’s stock price in 2030, we look at how the phone and internet industries are changing, new technologies emerging, and how well the company can adapt.

If MTNL solves its problems and finds ways to grow, we think its stock price could be between ₹221 and ₹271 by then.

Year	Minimum Price (₹)	Minimum Price (₹)
2030	221	271

Month	Minimum Price (₹)	Minimum Price (₹)
January	221	206
February	206	211
March	211	216
April	216	221
May	221	226
June	226	231
July	231	236
August	236	241
September	241	246
October	246	251
November	249	251
December	251	271

MTNL Share Price Target 2040

MTNL is a company that helps people talk to each other using phones and the internet. People believe 2040 MTNL could be worth between Rs 521 and Rs 691.

This is because the company is working on new, faster technology called 7G and is helping to increase digital services like the internet and phone networks.

The Government also helps by investing money and sharing ideas. All these efforts will Help MTNL grow and make more money in the future, even if technology keeps changing.

Year	Minimum Price (₹)	Minimum Price (₹)
2040	521	691

Month	Minimum Price (₹)	Minimum Price (₹)
January	521	505
February	505	510
March	510	515
April	515	520
May	520	525
June	525	530
July	530	535
August	535	540
September	540	545
October	645	650
November	648	650
December	650	691

MTNL Share Price Target 2050

It’s hard to predict what stock prices will be in 2050 because technology, markets, and the world economy keep changing.

If MTNL stays updated with new technology and changes in the phone industry, we think its stock price could be between ₹1021 and ₹1491 by then.

Year	Minimum Price (₹)	Minimum Price (₹)
2050	1021	1491

Month	Minimum Price (₹)	Minimum Price (₹)
January	1021	1220
February	1220	1240
March	1240	1260
April	1260	1280
May	1280	1300
June	1300	1320
July	1320	1340
August	1340	1360
September	1360	1380
October	1380	1400
November	1390	1400
December	1400	1491

JP Associates Share Price Target 2025, 2026, 2030, 2040, 2050

Should I buy MTNL stock?

When considering putting your money in MTNL, looking at what is good about it and what is not is essential. To Help you decide, look at the numbers and facts above.

MTNL, a big phone company, is going through a tough time. They used to make much money earlier, but now they are making less and losing more.

For example, in 2019, they made around Rs 2,607 crore, but in 2023, they will only make Rs 1,306 crore. Also, in 2023, they lost a lot of money – around Rs 2,466 crore.

The Government is helping MTNL by suggesting that it merge with BSNL and giving it money to improve.

Those who invest long-term may like this support as it may Help the company do better.

Investors should consider how difficult it is for phone companies to do well in India. Two big companies, Reliance Jio and Bharti Airtel, are pushing more and more people to use their phones.

If MTNL wants to do well in the future, it must compete with these companies and learn new ways of providing phone services.

Peer Comparisons

S.No.	Name	CMP Rs.	P/E	NP Qtr Rs. Cr.	Qtr Profit Var% %	Sales Qtr Rs. Cr.	Qtr Sales Var% %	Qtr Sales Var %	ROCE %
1.	Bharti Airtel	1615.91	68.21	967434.54	4153.41	119.38	41473.31	11.97	13.14
2.	Bharti Hexacom	1452.76	77.37	72684.39	253.11	194.63	2097.61	20.67	13.99
3.	Vodafone Idea	7.76		53949.25	-7175.91	17.89	10932.21	2.02	-3.62
4.	Tata Comm	1725.01	60.12	49162.51	227.28	-2.33	5767.36	18.38	17.56
5.	Tata Tele. Mah.	69.47		13569.63	-330.49	-6.51	343.51	19.77	47.92
6.	Railtel Corpn.	379.26	43.20	12170.08	72.65	8.15	843.59	40.79	20.26
7.	Nazara Technolo.	958.61	88.27	7336.92	16.25	-1.87	318.95	7.31	5.54
8.	M T N L	45.16		2849.29	-890.29	-12.30	174.24	-11.94	-8.19

Mahanagar Telephone Nigam Ltd Earnings Results

MTNL, a large phone company, earned ₹184.03 crores in the first half of 2024, less than the ₹239.93 crores earned in the last half of 2023.

The company did not make much money and continued to incur huge losses. In the third quarter of 2024 (Q3 FY2024), they earned ₹210 crores but still incurred a loss of ₹785 crores overall.

Because of this, the Price of each share of the company fell by around ₹12.45. For 2023, the company remained in losses, ranging between ₹654 crores and ₹839 crores.

The company did not make money; Instead, they lost more money last time – a loss of ₹772.95 crores – than the year before, when they lost ₹1,014.37 crores. This shows that the company still has a lot of money problems.

Quarter	Revenue (₹ Cr)	Net Loss (₹ Cr)	EPS (₹)
Q3 FY2024	210	-785	-12.45
Q2 FY2024	193	-840	-13.33
Q1 FY2024	199	-794	-12.59
Q4 FY2023	220	-750	-11.89
Q3 FY2023	228	-739	-11.72
Q2 FY2023	239	-777	-12.32
Q1 FY2023	252	-654	-10.38

MTNL Ltd. Latest Shareholding Pattern

Quarterly/Yearly	Dec 2024
Promoters +	56.26%
FIIs +	0.10%
DIIs +	13.50%
Public +	30.17%
No. of Shareholders	4,41,630

• Those with the most shares (called promoters) still owned the same amount as of December 2024, at 56.26%.

• More people from outside the country also started investing during this period. The number of these investors increased slightly, from 35 to 39. Also, the small share of their invested money rose slightly, from 0.07% to 0.10%.

• Investment in mutual funds remained the same during the three months.

• In the last part of December 2024, large investors who buy many stocks or other investments will have a slightly higher share of them. Their ownership increased from about 13.54% to 13.59%.

Expert Forecasts On The Future Of MTNL Ltd.

MTNL Limited is going through a tough time, making less money and incurring more losses.

Its profits and other financial figures are not looking good, which means it may get better slowly unless it changes how it works or takes Help from the Government.

In the last few months, the company made a profit of Rs 2,916 crore, and each share earned Rs 52.28. However, the company is struggling overall, and it is difficult to tell when it will start growing again.

Some experts believe that if the Government helps MTNL and merges it with BSNL, it can perform even better. If these ideas succeed, MTNL can become stronger and perform well again.

Some experts are not sure whether MTNL will be able to perform well in the fast-changing world of phone and internet use.

They say MTNL’s equipment is old, owes a lot of money, and must be spent to update and improve its network.

Some believe that even though MTNL has a lot of problems, being government-owned helps protect it. The company needs to make changes and use new technologies like 5G to do well in the future, which is a faster way to connect.

Is MTNL stock good to buy? (Bull case & Bear case)

Bull Case

• The Government can Help in every way and bring about a change in the way money is managed.

• Joining BSNL can Help save money and improve work.

• Good investments are assets that are part of a wide range of things you can buy or own, which is called the “spectrum.” It is wise to invest in these because they can be valuable and Help you grow your money over time.

• What can happen if plans for change in the organization are implemented?

• Companies can rise again if they perform better and their share prices are low.

• The Government can Help MTNL Ltd. improve again.

• MTNL’s performance can improve as its phone and internet business grows.

• Ideas to change the way work is done and save money.

• If the Price of MTNL shares increases over time, investing in them could be a good way to save and grow your money in the long run.

Bear Case

• The Government is spending more money than it brings in from taxes and other income, and its revenue is dwindling.

• They have a lot of debt and don’t have readily available cash.

• The big phone companies have better technology and more customers, so it’s hard for others to compete.

• We need enough money to repair and improve old buildings and roads.

• There’s a plan to get things back to normal, but we’re not sure it will work.

• Because they owe a lot of money and their income isn’t enough.

• Because the company isn’t making enough money, it’s making less than before.

• It doesn’t make much money because its earnings are low before interest, taxes, depreciation, and amortization (EBITDA).

• People don’t trust those who fix things and improve everything successfully.

Conclusion

MTNL is facing financial problems, such as owing a lot of money and losing more than it earns. Because of this, things could improve if the Government helps and the telecom industry grows.

People who want to invest their money should be careful because there is a lot of risk involved, but there are opportunities to earn a lot if they wait patiently.

If MTNL fixes its problems, it could be very successful and make a lot of money for investors. However, since the company is going through a difficult phase right now, it is essential to be careful.

How successful MTNL is in fixing its problems and getting Help from the Government will depend on how much its shares are worth.

Changes and restructuring in the company could Help it overcome financial problems and compete better with others.

People who want to invest in MTNL should consider what could go right and what could go wrong. The company’s stock may be interesting for investors willing to take significant risks because they think it can improve over time.

However, cautious investors may wait until the company shows clear signs of improvement before investing.

Investing in MTNL or any other company’s stock means you must learn a lot about it, think about what you want to do with your money, and be careful about how much risk you are willing to take.

It’s also a good idea to talk to a competent money expert who can Help you make good choices.

Today, we discussed the MTNL Share Price Target. (MTNL Share Price Target 2025, 2026, 2030, 2040, 2050).

Our primary focus will be on the Price of MTNL shares in the coming years. If you liked this, please give us five stars in the bottom left corner and share it with your friends and family who are interested in investing in MTNL shares.

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