BSE Code - 500108
Face Value - Rs 10.00
Group - BSE 'B'
Shareholding pattern - (a)Promoters - 56.25%
(b)Institutions - 22.05%
(c)Non-Institutions - 19.86%
One year High-Low - Rs 39.10 - Rs 9.92
The telecom department (DoT) has for the first time set a cutoff date, July 31, 2015, for concluding the much discussed merger of struggling state-run telecom companies, Bharat Sanchar Nigam Ltd and Mahanagar Telephone Nigam Ltd.
MTNL runs telecom services in Delhi and Mumbai while BSNL offers telecom coverage in the rest of India.
BSNL has 61,622 mobile towers, the second largest tower portfolio among all telcos. A sizeable chunk of its tower assets are colocated with landline exchanges to meet business needs.
Stock is currently trading at Rs 31.15, up by 1.10 points from its previous closing of Rs 30.05 on the BSE.
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