MTNL Share Price Forecast 2025 to 2030: Mahanagar Telephone Nigam Ltd (MTNL) operates in the telecommunications sector and is listed on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). In this comprehensive analysis, we provide a detailed forecast of MTNL’s share price from 2024 through 2030, using various technical analysis tools and predictive models. The projections are based on historical trends, market conditions, and the company’s performance over the years.
Mahanagar Telephone Nigam Ltd (MTNL)
MTNL is an established name in India’s telecom industry but has faced challenges in recent years due to industry-wide disruptions and increased competition. Despite this, the company continues to show resilience, with government backing and efforts to revive its operations. We will analyze the expected price targets based on the company’s market trends, economic conditions, and other influencing factors.
Mahanagar Telephone Nigam Limited is a wholly owned subsidiary of Bharat Sanchar Nigam Limited. Headquartered in New Delhi, India. MTNL Provides services in the metro cities of Mumbai and New Delhi in India and in the island nation of Mauritius in Africa.
CEO: Sunil Kumar (24 Jul 2019–)
Founded: 1 April 1986
Founder: Government of India
Headquarters: New Delhi
Number of employees: 3,309 (2024)
Subsidiaries: Mahanagar Telephone Mauritius Limited.
MTNL Share Current Market Overview
Before we delve into future projections, let’s take a look at MTNL’s current market status:
- Open Price: ₹52.05
- High Price: ₹52.20
- Low Price: ₹50.25
- Market Capitalization: ₹3.18k Crores
- Price-to-Earnings (P/E) Ratio: Not Applicable
- Dividend Yield: Not Applicable
- 52-Week High: ₹101.93
- 52-Week Low: ₹25.25
- Current Price: ₹50.25 (+91.43% over the last 12 months)
MTNL Share Price Forecast 2025 to 2030
|
Year |
Initial Target (₹) |
Mid-Year Target (₹) |
Year-End Target (₹) |
|
2024 |
₹50.08 |
₹N/A |
₹51.64 |
|
2025 |
₹53.27 |
₹62.70 |
₹76.24 |
|
2026 |
₹78.65 |
₹92.57 |
₹112.56 |
|
2027 |
₹116.12 |
₹136.67 |
₹166.19 |
|
2028 |
₹171.43 |
₹201.77 |
₹245.36 |
|
2029 |
₹253.10 |
₹297.90 |
₹362.24 |
|
2030 |
₹373.68 |
₹439.81 |
₹534.81 |
MTNL Share Price Forecast for 2025
For 2025, we expect MTNL to show a steady upward trend. The price is predicted to begin at ₹53.27 and may reach ₹76.24 by December 2025, assuming favorable market conditions.
|
Month |
Price Target (₹) |
|
January 2025 |
₹53.27 |
|
February 2025 |
₹55.12 |
|
March 2025 |
₹56.90 |
|
April 2025 |
₹58.84 |
|
May 2025 |
₹60.80 |
|
June 2025 |
₹62.70 |
|
July 2025 |
₹64.73 |
|
August 2025 |
₹66.87 |
|
September 2025 |
₹69.14 |
|
October 2025 |
₹71.60 |
|
November 2025 |
₹73.94 |
|
December 2025 |
₹76.24 |
Key Insights for 2025:
- Expected steady increase throughout the year
- Mid-year price target at ₹62.70
- Year-end potential of ₹76.24, if the market conditions remain bullish
MTNL Share Price Forecast for 2026
Looking at 2026, the projected minimum price for MTNL is ₹78.65, with an expected maximum of ₹112.56, representing significant growth if market conditions favor the telecom sector.
|
Month |
Price Target (₹) |
|
January 2026 |
₹78.65 |
|
February 2026 |
₹81.37 |
|
March 2026 |
₹84.01 |
|
April 2026 |
₹86.87 |
|
May 2026 |
₹89.77 |
|
June 2026 |
₹92.57 |
|
July 2026 |
₹95.57 |
|
August 2026 |
₹98.73 |
|
September 2026 |
₹102.08 |
|
October 2026 |
₹105.72 |
|
November 2026 |
₹109.16 |
|
December 2026 |
₹112.56 |
Key Insights for 2026:
- Expect moderate growth initially, with a strong recovery mid-year
- By year-end, MTNL could reach ₹112.56, driven by improved telecom market trends
MTNL Share Price Forecast for 2027
For 2027, the share price of MTNL is expected to significantly accelerate. With Fibonacci projections, the price is forecast to be between ₹116.12 and ₹136.67 by mid-year, and potentially rise to ₹166.19 by the end of the year.
|
Month |
Price Target (₹) |
|
January 2027 |
₹116.12 |
|
February 2027 |
₹120.14 |
|
March 2027 |
₹124.03 |
|
April 2027 |
₹128.25 |
|
May 2027 |
₹132.53 |
|
June 2027 |
₹136.67 |
|
July 2027 |
₹141.09 |
|
August 2027 |
₹145.77 |
|
September 2027 |
₹150.70 |
|
October 2027 |
₹156.08 |
|
November 2027 |
₹161.17 |
|
December 2027 |
₹166.19 |
Key Insights for 2027:
- Strong growth forecast, especially in the second half of the year
- Price could reach ₹166.19 by year-end, supported by recovery in the telecom sector
MTNL Share Price Forecast for 2028
For 2028, MTNL is expected to continue its upward trajectory, possibly breaking new highs. The forecast shows that the stock could start the year at ₹171.43, rising steadily to ₹245.36 by December 2028.
|
Month |
Price Target (₹) |
|
January 2028 |
₹171.43 |
|
February 2028 |
₹177.37 |
|
March 2028 |
₹183.11 |
|
April 2028 |
₹189.35 |
|
May 2028 |
₹195.67 |
|
June 2028 |
₹201.77 |
|
July 2028 |
₹208.31 |
|
August 2028 |
₹215.21 |
|
September 2028 |
₹222.50 |
|
October 2028 |
₹230.43 |
|
November 2028 |
₹237.95 |
|
December 2028 |
₹245.36 |
Key Insights for 2028:
- Consistent growth is expected throughout the year
- MTNL’s price target could reach ₹245.36 by December, if the telecom industry continues its recovery
MTNL Share Price Forecast for 2029
Looking into 2029, MTNL’s share price is predicted to see even more robust growth. The forecast indicates a price range between ₹253.10 and ₹362.24 by the end of the year.
|
Month |
Price Target (₹) |
|
January 2029 |
₹253.10 |
|
February 2029 |
₹261.87 |
|
March 2029 |
₹270.34 |
|
April 2029 |
₹279.55 |
|
May 2029 |
₹288.88 |
|
June 2029 |
₹297.90 |
|
July 2029 |
₹307.55 |
|
August 2029 |
₹317.74 |
|
September 2029 |
₹328.50 |
|
October 2029 |
₹340.21 |
|
November 2029 |
₹351.30 |
|
December 2029 |
₹362.24 |
Key Insights for 2029:
- Strong mid-year rally could see the stock reaching ₹297.90
- By December, MTNL may cross ₹362.24
MTNL Share Price Forecast for 2030
By 2030, MTNL’s stock could potentially soar to even higher levels, with predictions suggesting a year-end target of ₹534.81. The steady growth trajectory of the company, coupled with market conditions, could drive the stock price significantly higher.
|
Month |
Price Target (₹) |
|
January 2030 |
₹373.68 |
|
February 2030 |
₹386.62 |
|
March 2030 |
₹399.13 |
|
April 2030 |
₹412.73 |
|
May 2030 |
₹426.50 |
|
June 2030 |
₹439.81 |
|
July 2030 |
₹454.06 |
|
August 2030 |
₹469.10 |
|
September 2030 |
₹484.99 |
|
October 2030 |
₹502.28 |
|
November 2030 |
₹518.66 |
|
December 2030 |
₹534.81 |
Key Insights for 2030:
- Expect steady growth, with a potential year-end target of ₹534.81
- The price will be influenced by market dynamics, government policies, and the revival of the telecom sector
MTNL Share Price History
|
Period |
Share Price (INR) |
|
Before 1 Year |
₹35.30 |
|
Before 6 Months |
₹48.94 |
|
Before 5 Years |
₹12.70 |
|
All-Time Max |
₹102 |
Conclusion
MTNL is expected to witness steady growth over the next several years, provided the telecom industry recovers and market conditions stay favorable. By 2030, MTNL’s stock price could potentially surpass ₹534, marking significant appreciation over the next decade.
However, it is crucial to note that stock market conditions are highly dynamic, and these predictions should be treated as estimates based on technical analysis and not financial advice. Always conduct thorough research and consult with a financial advisor before making investment decisions.