MTNL Shares Soar 10% Amid Reports of ₹6,000 Crore 4G Expansion Boost
Mahanagar Telephone Nigam Limited (MTNL) shares surged nearly 10% on Monday, February 10, following reports that the Union Cabinet has approved a ₹6,000 crore funding package to accelerate 4G expansion for state-run telecom firms.
As per an Economic Times report, the funds will support capital expenditure for both BSNL and MTNL, fueling investor optimism and driving a sharp rally in MTNL’s stock.