Are you looking for the telecom stock in government sector to invest in? If yes, this post is for you where we going to analyze and predict MTNL share price target 2024, 2025, 2026, 2027, 2028, 2029, and 2030 & 2040.
Along with the MTNL stock price prediction, we’ll take a look at the company’s profile, spectrum limit, their expansions, their competitors, technical factors, Annual Profits, fundamental analysis, strength & weakness, positive cash flow, promoters & shareholding patterns, and much more.
After reading this post, we must say that you might able to decide whether this telecom sector stock going to perform well in the upcoming year and to be in the watchlist in your demat account.
A Brief Overview of Mahanagar Telephone Nigam Limited (MTNL) History
The Mahanagar Telephone Nigam Limited (traded as MTNL) is a government owned public sector undertaking that engaged in providing telecom services in the cities of India. The MTNL Ltd. was founded in 1986 as a PSU body. Their headquarter is located in New Delhi, India. It is a wholly-owned subsidiary of BSNL. On 1999, the MTNL was listed in the NSE and BSE of the stock market through Initial Public Offer (IPO).
The telecom services of the MTNL Limited are limited to Delhi and Mumbai to offer best telecommunication services in an affordable tariff plans. Moreover, the MTNL Ltd. has got the Navratana status in 1997.
However, the MTNL was founded with an aim to provide world-class telecommunication services mobile services, International Long-Distance Services, and Internet services in India.
The company is also expanding themselves through the joint ventures between India and Mauritius. With this kind of interesting profile, we will also take a look and explore the MTNL share price target for 2024, 2025, 2026, 2030, and up to 2040 for educational purposes.
For long term investment, the future of MTNL stock is still good if the company can manage their debts and other expenses so that they can generate some profits with their sales.
We all know it well that 5G spectrum is just started for the high-speed internet. For more detailing, we will use different market parameters that help us to analyze MTNL Ltd stock and predict their forecast for up to 2040.
Below is the brief profile of MTNL Stock:
| Company Type- | Small Cap Company |
| Expertise or Industry- | Telecom Sector |
| Ticker Symbol- | NSE- MTNL BSE- 500108 |
| Traded As (Listed In)- | National Stock Exchange (NSE). Bombay Stock Exchange (BSE). |
| Founded In- | 1986 |
| Founders- | Government of India |
| Headquarters- | New Delhi, India |
| Key People- | Robert J Ravi (Chairman & MD). |
| Area Served- | India, Nepal, and Mauritius |
| Parent Holders- | Bharat Sanchar Nigam Limited (BSNL). |
| Subsidiaries- | Mahanagar Telephone Mauritius Limited (MTML). Millennium Telecom Limited. |
| Official Website- | mtnl.in. |
Fundamental Analysis of MTNL Stock
Currently, the MTNL Share Price today– Rs 52.50.
The Financial and fundamental analysis of MTNL share is done through several indicators such as RSI, MACD, PEG ratio, PE ratio, EPS, Intrinsic value, debt, and more so that investors can take help of these parameters to predict the MTNL share price target tomorrow. So, below is table of data that will give you an idea about the financial data of MTNL shares in the Indian Stock Market.
| Market Cap- | ₹ 3,305 Cr. |
| Total No. of Shareholders- | 4.67 Lakh |
| Total Equity Share- | 63.00 Cr. |
| P/E Ratio- | – |
| P/B Ratio- | – |
| Face Value- | ₹10.00 |
| Book Value (TTM)- | ₹ -401.00 |
| EPS (TTM)- | Rs. -52.20 |
| Dividend Yield- | 0.00% |
| Beta- | 1.72 |
| Promoter Holding- | 56.25% |
| ROE- | – |
| ROCE- | -8.18% |
| Debt to Equity- | – |
MTNL Share Price Targets
Telecom sector in India plays an important role in the upcoming years to make the world connected with the help of internet services, fastest phone services, and other telecom services. That’s the reason, MTNL might perform well to give multibagger returns.
Taking this scenario in mind, we might have seen a tremendous growth. In 1999, the MTNL stock was listed at higher price band but now in 2024, the price is already touching the mark of ₹103.93.
With this result, we may predict that the MTNL share is going to perform amazing in the telecom sector in the upcoming 10-15 years specially for 5G and 6G roll out. So, below we are providing the MTNL Stock Price Prediction 2024, 2025, 2030, and up to 2040.
MTNL Share Price Target 2024, 2025, 2026, 2027, 2028, 2029, and 2030 to 2040.
| MTNL Stock Price Target 2024 | ₹33.25 to ₹62.50. |
| MTNL Stock Price Target 2025 | ₹63.10 to ₹110.60. |
| MTNL Stock Price Target 2026 | ₹111.75 to ₹175.90. |
| MTNL Stock Price Target 2027 | ₹176.40 to ₹250.30. |
| MTNL Stock Price Target 2028 | ₹251.20 to ₹324.80. |
| MTNL Stock Price Target 2029 | ₹325.30 to ₹430.70. |
| MTNL Stock Price Target 2030 | ₹431.50 to ₹550.65. |
| MTNL Stock Price Target 2035 | ₹551.40 to ₹640.75. |
| MTNL Stock Price Target 2040 | ₹641.90 to ₹800.50. |
It may also be noted that the table below displays information of MTNL Share Price Targets of all the particular years are about the example targets. All the share price targets in this post are made only for education purpose only.
MTNL Share Price Target 2024
| Year | MTNL Stock Price in 2024 |
| 2024 | ₹33.25 to ₹62.50. |
MTNL Share Price Target 2025
| Year | MTNL Stock Price in 2025 |
| 2025 | ₹63.10 to ₹110.60. |
MTNL Share Price Target 2025– If the company turnout themselves well and pay off their all the debt then we can see a massive boost in their sales and profits that makes the stock skyrocket. With our prediction, the MTNL Stock has chances to lie in the range of Rs.63.10 to Rs.110.60 by the end of 2025.
MTNL Share Price Target 2026
| Year | MTNL Stock Price in 2026 |
| 2026 | ₹111.75 to ₹175.90. |
MTNL Share Price Target 2026– As the growing telecom sector of India, all the telecom companies roll out their 5G and 6G spectrum for the fastest telecom services. So, we can see a bullish run in MTNL Stock. With our prediction, the MTNL Stock has potential to lie in the range of Rs.111.75 to Rs.175.90 by the end of 2026.
MTNL Share Price Target 2027
| Year | MTNL Stock Price in 2027 |
| 2027 | ₹176.40 to ₹250.30 |
MTNL Share Price Target 2027– Telecom sector looks promising packed with the latest technologies in the upcoming years where the investors can invest to get amazing returns through mutual funds and equity. That’s why, the MTNL share also help people to achieve their returns and the stock in 2026 will lie in the range of Rs.176.40 to Rs.250.30 by the end of 2027.
MTNL Share Price Target 2028
| Year | MTNL Stock Price in 2028 |
| 2028 | ₹251.20 to ₹324.80. |
MTNL Share Price Target 2028– Considering positive growth in Nifty index with a bullish run in the Indian stock market and telecom industries, the MTNL share has a potential to turnout themselves in a positive run and their price will lie in the range of Rs.251.20 to Rs.324.80 by the end of 2028.
MTNL Share Price Target 2029
| Year | MTNL Stock Price in 2029 |
| 2029 | ₹325.30 to ₹430.70. |
MTNL Share Price Target 2029– Considering boom in telecom sector because the global world is going towards high-speed internet with fastest connectivity. So, the best telecom stocks will perform and the MTNL share has a potential to break their all-time high and their price will lie in the range of Rs.325.30 to Rs.430.70 by the end of 2029.
MTNL Share Price Target 2030
| Year | MTNL Stock Price in 2030 |
| 2030 | ₹431.50 to ₹550.65. |
MTNL Share Price Target 2030– Considering MTNL Share is positive backed by the government of India to make them debt-free with good returns, the share looks promising for long term investment and their price will lie in the range of Rs.431.50 to Rs.550.65 by the end of 2030.
MTNL Share Price Target 2035
| Year | MTNL Stock Price in 2035 |
| 2035 | ₹551.40 to ₹640.75. |
MTNL Share Price Target 2035– the MTNL stock prediction for 2035 will lie between Rs.551.40 to Rs.640.75 as the Indian economy starts growing positively and soon counted in the top 3 most powerful country. It might also result the MTNL share price will break all of their 52-week high in the same year.
MTNL Share Price Target 2040
| Year | MTNL Stock Price in 2040 |
| 2040 | ₹641.90 to ₹800.50. |
MTNL Share Price Target 2040– Increase in their sales will result increase in revenue and company will going to pay off their all debts so that investors can see the growth in the EPS, PAT, ROCE, and ROE. According to us, the MTNL share might lie between the price range of Rs.641.90 to Rs.800.50 by the end of 2040.
Shareholding Pattern of MTNL Stock
Below is the table that shows the overall chunks of their shareholders as an Investors in the Mahanagar Telephone Nigam Limited (MTNL) till September 2024.
| Total Promotor Holding | 56.25% |
| Mutual Funds | 0.00% |
| Other Domestic Institutions (DII) | 13.47% |
| Foreign Institutions (FII) | 0.06% |
| Retail Investors | 21.01% |
| Other Parties | 9.22% |
Strength and Weakness of MTNL Stock
This portion of the article showcase the strength and weakness of Mahanagar Telephone Nigam Ltd. (MTNL) in the telecom sector so that people can decide whether the stock has potential or not.
| Strength | Weakness |
| High returns in a single year. | Book Value is negative. |
| High momentum and strong performance as compared to other company of same sector. | Declined revenue and profits. |
| Low PEG ratio. | Declined net cash flow. |
| Government company with zero promoter pledging. | Negative EPS and ROCE. |
| Stock is trading below SMA-200. |
MTNL Peers and Competitors
Below is the list of companies that showcase the competition to MTNL stock in the telecom sector.
- Tata Communication Ltd.
- Vodafone Idea Ltd.
- TTML.
- Bharti Airtel Limited.
- Railtel Corporation Limited.
Final Words about MTNL Share Price Target
We hope that this post might help you to gain knowledge about the MTNL share price target. Also, this educational post help might help the users to get an idea whether the MTNL stock has potential for a long horizon or not.
According to our analysis, we might say that MTNL stock has potential in the future because it’s a government owned company so debt can be neglected anytime. Moreover, India is going to shift on the advanced technologies and 5G is rolling out where MTNL can play a big role in the upcoming years and might prove to be a multibagger in telecom sector.
This stock is considered to be in your watchlist for long term investment because no one knows when the stock can reverse themselves and shoot up in the blue-sky zone. But always do your own research at your own risk.
The demand for the telecom sector for 5G and 6G is going to be up to get the fastest internet services or other areas that will definitely help the MTNL share to grow and give good returns to the investors in future.
Do your own research properly at your own risk because stock market is unpredictable. Also, the news related to MTNL and other telecom scenarios could also impact the MTNL Ltd stock’s performance.
Therefore, these MTNL stock price targets should use as a guideline and not as a financial advice. Always perform your owns research and knowledge before making any investments.
We hope that you all do proper research before picking the MTNL share for investment! Please read the Disclaimer below.
