Mahanagar Telephone Nigam (OTCMKTS:MTENY) Shares Down 10.5% – Here’s What Happened

Mahanagar Telephone Nigam Limited (OTCMKTS:MTENYGet Free Report) fell 10.5% during mid-day trading on Monday . The company traded as low as $0.27 and last traded at $0.28. Approximately 14,300 shares changed hands during trading, an increase of 98% from the average session volume of 7,206 shares. The stock had previously closed at $0.31.

Mahanagar Telephone Nigam Stock Performance

About Mahanagar Telephone Nigam

(Get Free Report)

Mahanagar Telephone Nigam Limited, together with its subsidiaries, provides telecommunication services in India and Mauritius. It operates in two segments: Basic and Other Services; and Cellular Services. The company offers basic telephony, mobile, broadband, and other data services. It also provides cloud services, Wi-Fi solutions, e-governance projects, managed services, turnkey ICT solutions, GIS based services, capacity building and skill development services, etc.; and operates data centers.

Featured Stories

Receive News & Ratings for Mahanagar Telephone Nigam Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mahanagar Telephone Nigam and related companies with MarketBeat.com's FREE daily email newsletter.