Loss-making state-backed telco Mahanagar Telephone Nigam Limited (MTNL) has begun the process of monetising a portion of its assets, as it looks to turn profitable in the next financial year. a top official of the company said on Thursday The Economic Times cites MTNL Chairman Sunil Kumar as saying that the company has identified assets worth an estimated INR230 billion (USD3.2 billion) that could potentially be monetised. Of that total, the company has submitted plans for the monetisation of land, offices and residential properties worth around INR62 billion to the Department of Investment and Public Asset Management (DIPAM), the official noted.
Loss-making state-backed telco Mahanagar Telephone Nigam Limited (MTNL) has begun the process of monetising a portion of its assets, as it looks to turn profitable in the next financial year. a top official of the company said on Thursday The Economic Times cites MTNL Chairman Sunil Kumar as saying that the company has identified assets worth an estimated INR230 billion (USD3.2 billion) that could potentially be monetised. Of that total, the company has submitted plans for the monetisation of land, offices and residential properties worth around INR62 billion to the Department of Investment and Public Asset Management (DIPAM), the official noted.
MTNL starts Rs 23,000 cr asset monetisation through DIPAM
20K crore Total debit on MTNL monetisation collection approximately 23K crore ..Going to be debit free company..Buy buy ..Target 28/- in 6 months
The minister said that the BSNL and the MTNL will also raise long-term bonds of Rs 15,000 crore for which sovereign guarantee will be provided by the government.
SO MY ADVICE IS YOU MAY BUY FROM HERE AND BUY IT EVERY FALL IF IT CROSS 21/- AND SUSTAINING BIG BIG MOOVE HAPPEN THEN IT WILL TOUCH 28/- 35/- 46/- ALSO 60/- IN 1 TO 2 YEARS BUT 21/- IS BIG HURDLE ...
20K crore Total debit on MTNL monetisation collection approximately 23K crore ..Going to be debit free company..Buy buy ..Target 28/- in 6 months
The minister said that the BSNL and the MTNL will also raise long-term bonds of Rs 15,000 crore for which sovereign guarantee will be provided by the government.
SO MY ADVICE IS YOU MAY BUY FROM HERE AND BUY IT EVERY FALL IF IT CROSS 21/- AND SUSTAINING BIG BIG MOOVE HAPPEN THEN IT WILL TOUCH 28/- 35/- 46/- ALSO 60/- IN 1 TO 2 YEARS BUT 21/- IS BIG HURDLE ...
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