Mahanagar Telephone Nigam Limited
Share Price Target & Analysis

NSE:MTNL

23.5

VWAP

23.66

Open

24.64

Close

23.96

High

23.03

Low

44.67

52 Week High

23.22 ⇩
-1.42 (-5.76%)

MTNL

(TELECOM)
8.4% Momentum

Watch Carefully

21.26

52 Week Low

-40.41

EPS

-0.49

PE

N/A

PB

Uncertain
Quality

Unclear
Valuation

#Analysis

NSE: MTNL Share Price Financial Analysis & Valuation

Mahanagar Telephone Nigam Limited (MTNL) is broadly categorized in TELECOM segment industry which deals in Telecommunications - Service vertical. It is one of Micro Cap company with Market Capitalization of Rs 1808.1 (in Cr). Total number of free float shares are 63 (in Lacs). Mahanagar Telephone Nigam Limited is listed on NSE with Exchange ID - INE153A01019 and trading code is NSE:MTNL with short name MTNL.

In the past 1 year, Mahanagar Telephone Nigam Limited has declared an equity dividend of Rs 0 per share. At the current share price of MTNL at Rs 23.22, this results in a dividend yield of 0 %.

As per the Fundamental Analysis of NSE:MTNL, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine MTNL underlying value and future prospects. All of this data is available in MTNL financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:MTNL, it is clearly understood that MTNL is Uncertain performer in terms of earnings and profit margins with an EPS of -40.41.

Valuation of the Stock: The current valuation of MTNL stock is like Unclear which means currently the stock is Confusing. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of MTNL whether to BUY this stock at current valuation.

Now, the main question is whether to BUY or SELL, NSE:MTNL at current valuation.
As per latest Analysis No. #7390:-

⇑ STRONG BUY MTNL if All Greens

⇗ BUY MTNL (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD MTNL (With Stop Loss) if only 1 Green

⇘ SELL MTNL if NO Green Indicator

NSE: MTNL Share Price Today (Oct 23, 2026)

(Mahanagar Telephone Nigam Limited Daily Analysis on the basis of MTNL Intraday Graph & Trend)

Mahanagar Telephone Nigam Limited share price moved Down by -5.76% from its previous close of Rs 24.64. MTNL stock last traded price is 23.22. MTNL share price trend is Down with a total of 1836420 stocks traded till now. It has touched an intraday high of Rs 23.96 and an intraday low of Rs 23.03. The MTNL trading at 23.22, Down by Rs. -1.42, or -5.76 percent which suggests that most of the Traders are anticipating that the price of MTNL share should go Down.

NSE: MTNL Share Price Tomorrow Prediction

(Mahanagar Telephone Nigam Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of MTNL)

Mahanagar Telephone Nigam Limited share price moved Down by -5.76%. MTNL share price short term trend is Down. It suggests that MTNL Share Price for Tomorrow remains the same with VWAP at 23.5 will be treated as stop loss for intraday traders. Mahanagar Telephone Nigam Limited Long term investors can follow the MTNL long term trend as mentiond in future forecast table.

NSE Code

NSE: MTNL

MTNL Share Price Today

23.22

MTNL Share Price Target Prediction for 2026 ^

22.3 - 35

MTNL Share Price Target Prediction for 2027*^

35 - 36.4

MTNL Share Price Target Prediction for 2028*^

36.4 - 38.2

MTNL Share Price Target Prediction for 2029*^

40

MTNL Share Price Target Prediction for 2030*^

41

MTNL Share Price Target Prediction for 2035*^

44
MTNL Current Book Value
Data Not Available

*Mahanagar Telephone Nigam Limited Short Term & Long Term share price target is based on current financial year earings of the company.

^MTNL share price target prediction for 2026 2027 2028 2029 2030 to 2035 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.


MTNL Technical Analysis

Candlestick Pattern: @25.21

MTNL Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 25.92 SELL 25.78 SELL
MA_12 26.43 SELL 26.28 SELL
MA_20 26.55 SELL 26.54 SELL
MA_32 26.89 SELL 26.98 SELL
MA_50 27.48 SELL 27.42 SELL
MA_100 28.71 SELL 28.32 SELL
MA_200 30.47 SELL 31.38 SELL

MTNL Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 25.52 OverSold
MACD -0.1 SELL
ADX 16.93 NO or Weak Trend
DMI (+/-) 23.47 / 25.81 Downtrend

MTNL Momentum Oscillators

BUY (2) NEUTRAL (2) SELL (8)
Momentum Oscillators Value Action
RSI 30.45 Neutral
STOCHASTIC_K (Fast) 2.75 Oversold
STOCHASTIC_D (Slow) 6.22 Oversold
CCI -221.81 SELL
PSAR 28.35 SELL
TRUE RANGE 0.29 BUY
ATR 0.75 BUY
WILLIAMS R -98.07 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 0 Oversold
MOMENTUM -2.16 SELL

MTNL Last 1 Year Trend

Duration Value
1 Year -43.35%
3 Months -16.36%
1 Month -7.89%
1 Week -4.62%

MTNL Technical Analysis Summary

Updated on 2026-09-09
Action Overall (%)
BUY 7%
NEUTRAL / HOLD 10%
SELL 83%

(powered by Zerodha)


Most popular Questions & Answers about MTNL

Mahanagar Telephone Nigam Limited Frequently Asked Questions (FAQs)

Mahanagar Telephone Nigam Limited stock last traded price is 23.22. MTNL share price moved Down by -5.76% from its previous close of Rs 24.64.

Mahanagar Telephone Nigam Limited share price trend is Down with a total of 1836420 stocks traded till now. It has touched an intraday high of Rs 45.1167 and an intraday low of Rs 23.03. The MTNL trading at 23.22, Down by Rs. -1.42, or -5.76 percent which suggests that most of the Traders are anticipating that the price of MTNL share should go Down and the Stop Loss will be around 23.5.

The market cap of Mahanagar Telephone Nigam Limited is ₹1808.1 (in Cr) as of Oct 22, 2026.

The current price to earning ratio for Mahanagar Telephone Nigam Limited as of Oct 22, 2026 is -0.49.

The current price to book ratio for Mahanagar Telephone Nigam Limited as of Oct 22, 2026 is N/A.

The highest price of Mahanagar Telephone Nigam Limited stock is ₹44.67 in the last 52-week.

The lowest price of Mahanagar Telephone Nigam Limited stock is ₹21.26 in the last 52-week.

Mahanagar Telephone Nigam Limited share trading at ₹23.22, Down by Rs. -1.42, or -5.76 percent which suggests that most of the traders are anticipating that the price of MTNL share should go Down.

In 2026, Stock price target for Mahanagar Telephone Nigam Limited (MTNL) will be around ₹22.3 on downside and ₹35 on upside. Mahanagar Telephone Nigam Limited share price target is based on current financial year earings of the company.

In 2027, Stock price target for Mahanagar Telephone Nigam Limited (MTNL) will be around ₹35 on downside and ₹36.4 on upside. Mahanagar Telephone Nigam Limited share price target is based on forecasted future earnings of the company.

In 2028, Stock price target for Mahanagar Telephone Nigam Limited (MTNL) will be around ₹36.4 on downside and ₹38.2 on upside. Mahanagar Telephone Nigam Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Mahanagar Telephone Nigam Limited (MTNL) will be around ₹41 Mahanagar Telephone Nigam Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of MTNL.

The price of Mahanagar Telephone Nigam Limited (MTNL) shares moved by -5.76%. The short-term trend for MTNL share price is Down. It implies that the share price of MTNL will stay the same tomorrow and that intraday traders should treat VWAP at 23.5 as a stop loss. Investors with a long-term outlook can track MTNL long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of MTNL stock is Unavailable at this moment. Compared to the current market price of 23.22 INR, the MTNL stock is unpredictable by lack of Insufficient data.

As per the fundamental analysis of Mahanagar Telephone Nigam Limited (MTNL), it is of Uncertain quality in terms of earnings and profit margins with an EPS of 0.



NSE:MTNL News & Other Useful Information about MTNL Share Price


Peer Comparison of NSE: MTNL

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Telecommunications - Service

Company Price EPS BV
BHARTIARTL 1881.30 83.14 272.36
TATACOMM 1633.90 64.51 374.74
TTML 34.21 -0.38 -102.59
OLECTRA 965.80 25.59 152.16
MTNL 23.22 -40.41 -489.14
ONMOBILE 53.27 0.26 66.69
RCOM 0.78 -35.9 -287.67
ACCORD 179.05 4.16 39.45
NUTEK 0.35 -0.43 29.02
Updated at: 2026-10-23 09:49:45

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