MTNL's Strong Performance Highlights Resilience in Telecom Sector Amid Market Gains

Mahanagar Telephone Nigam Ltd (MTNL) has shown significant activity today, gaining 7.03% as of June 4, 2025. The stock outperformed its sector by 5.06%, reflecting a robust performance amid a generally positive market environment. MTNL reached an intraday high of Rs 53.6, marking a 7.7% increase, while the day's low was Rs 48.65, a decrease of 2.25%. In terms of moving averages, MTNL is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend in its price momentum. Over the past month, MTNL has delivered a remarkable 30.73% return, significantly outpacing the Sensex, which has only gained 0.57% in the same period. Looking at longer-term performance, MTNL has achieved a staggering 584.10% increase over the past five years, compared to the Sensex's 138.24%. This consistent growth highlights MTNL's strong market position within the telecom services industry, particularly as small-cap stocks lead the market today.