MTNL ringtone reverberates
By
Ruma Dubey
about 2 years ago
![No Image](https://images.sptulsian.com/articles/MTNL-ringtone-reverberates.png)
MTNL is the top gainer on the BSE since the morning; the stock, which had closed yesterday at Rs.26.15, opened higher today at Rs.27.50 and went up to an intraday high at Rs.30.50, not far from its 20% UC of the day at Rs.31.35.
The Govt yesterday deferred the merger of BSNL and MTNL due to due financial reasons which include the high debt of MTNL.
In a written reply to the Rajya Sabha, minister of state for communication Devusinh Chauhan told the Parliament that the government was however considering a proposal for the merger of Bharat Broadband Network Limited (BBNL) and BSNL.
55.70 (-2.21)