MTNL Share: A news came and MTNL share gained momentum - jumped 8% in 5 minutes

News Topical, Digital Desk : A big brainstorming is going to be done to bring MTNL back on track. An important meeting may be held next week under the leadership of the Cabinet Secretary. Government telecom company Mahanagar Telephone Nigam Limited (MTNL) has once again come into the focus of the central government. According to sources, an important meeting is going to be held next week regarding MTNL under the chairmanship of the Cabinet Secretary. On June 11, 2025, the share price opened at Rs 51.54 against the closing price of Rs 51.09. After this the share reached close to Rs 55.

What is the matter- According to the news published in the English newspaper Economy Times, the government telecom company MTNL (Mahanagar Telephone Nigam Limited) is facing a serious financial crisis. The company has a loan of ₹ 8,346 crore outstanding, which it had taken from government banks and now it is defaulting on repaying it. Now a high-level meeting will be called next week under the leadership of Cabinet Secretary T.V. Somanathan, in which a strategy to rescue MTNL from the crisis will be considered.

The measures that can be discussed in the meeting include: Asset monetization (sale or lease of assets) Changes in business model, so that operations can be made profitable Short term relief, so that it helps in repaying the loan Long term restructuring, which can reduce the loss The central government has already given relief packages to MTNL several times (in 2019, 2022, 2023). The company currently provides connectivity to the central government, the Ministry of Defense and important services like core banking network. This meeting is considered very important in view of the government's strategy on revival of government companies and the possible NPA impact on banks. 

Read More: Oswal Pumps IPO: Gray market premium reaches 14%, subscription starts from June 13