The Economic Times  Jun 11  Comment 
Price hikes, according to CLSA, will offset 4 per cent rupee depreciation.
The Economic Times  Apr 24  Comment 
In September last, DoT constituted an internal panel to carve out a future path for the debt-laden Mahanagar Telephone Nigam Ltd (MTNL).
The Economic Times  Apr 13  Comment 
The sale of equity shares was done in the open market by way of a bulk deal on April 11, Mahanagar Gas Ltd said in a regulatory filing.
The Hindu Business Line  Apr 11  Comment 
BG Asia Pacific Holdings Pte Ltd (BGAPH), a wholly-owned unit of Royal Dutch Shell Plc, has pared its shareholding in natural gas distribution company
The Economic Times  Apr 11  Comment 
A total of 4.76 lakh shares changed hands on the counter.
The Hindu Business Line  Apr 11  Comment 
Shares of city gas distribution company Mahanagar Gas fell to a one-year low as BG Asia Pacific has cut stake. The stock fell as much as 4.2 per cent
The Economic Times  Apr 3  Comment 
Tata Communications’ public Internet of Things (IoT)network will provide connectivity to MGL’s smart meters.
The Economic Times  Mar 1  Comment 
Buy Mahanagar Gas Ltd. at a price target of Rs 1090.0 and a stop loss at Rs 1045 from entry point.
The Hindu Business Line  Jan 21  Comment 
Underpenetrated markets coupled with favourable regulatory conditions should keep the company on the growth path
The Economic Times  Jan 17  Comment 
Sell Mahanagar Gas Ltd. at a price target of Rs 1000.0 and a stop loss at Rs 1125 from entry point.


Mahanagar Telephone Nigam Limited (NYSE: MTE) is an Indian telecommunications company competing in the high growth industries of mobile communications and internet service. Mahanagar was the original monopoly provider of fixed-line telephone services in Mumbai and Delhi, but has since the mid 1990s and the opening up of the Indian telecom industry, faced rapid growth and subsequent consolidation of private sector competition.[1] The Indian government continues to hold 56.25% of the company's equity shares despite the government's stated strategy of moving towards open-market policies and their simultaneous granting of licenses to Mahangar's competitors.[2]


  1. MTE 2007 20-F, Item 4: Information on the Company, page 10-49
  2. MTE 2007 20-F, Item 7: Major Shareholders and Related Party Transactions, page 70-71
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