MTNL (Mahanagar Telephone Nigam Ltd) is a prominent company in the communication services sector that operates within the telecom services industry.
Listed on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), MTNL has established its footprint in India’s telecom market.
This detailed analysis provides the MTNL share price target forecasts from 2025 to 2030 using technical and machine learning-based analysis, covering potential stock movements.
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MTNL’s stock price closed at ₹54.65 on October 1, 2024, showing an increase of 5% from the previous close. The company has exhibited mixed trends over the past week.
| Date | Close Price | Gain/Loss |
|---|---|---|
| 2024-09-19 | ₹52.93 | +₹2.04 (3.71%) |
| 2024-09-20 | ₹54.98 | +₹2.05 (3.87%) |
| 2024-09-23 | ₹54.65 | +₹0.33 (0.60%) |
| 2024-09-24 | ₹53.94 | +₹0.71 (1.30%) |
| 2024-09-25 | ₹52.74 | -₹1.20 (2.22%) |
| 2024-09-26 | ₹53.02 | +₹0.28 (0.53%) |
| 2024-09-27 | ₹52.96 | -₹0.06 (0.11%) |
This past week’s performance indicates a bearish trend for MTNL. However, with technical and market analysis, there are predictions for growth in the upcoming years.
In 2025, MTNL is forecasted to follow a bullish trajectory, potentially reaching ₹92 by the end of the year.
| Month | Target Price |
|---|---|
| January 2025 | ₹82 |
| February 2025 | ₹84 |
| March 2025 | ₹86 |
| April 2025 | ₹83 |
| May 2025 | ₹80 |
| June 2025 | ₹77 |
| July 2025 | ₹80 |
| August 2025 | ₹83 |
| September 2025 | ₹86 |
| October 2025 | ₹88 |
| November 2025 | ₹90 |
| December 2025 | ₹92 |
Summary for 2025:
Technical analysis predicts the MTNL stock price could range between ₹94 and ₹107 throughout 2026.
| Month | Target Price |
|---|---|
| January 2026 | ₹94 |
| February 2026 | ₹96 |
| March 2026 | ₹98 |
| April 2026 | ₹95 |
| May 2026 | ₹92 |
| June 2026 | ₹89 |
| July 2026 | ₹93 |
| August 2026 | ₹97 |
| September 2026 | ₹101 |
| October 2026 | ₹103 |
| November 2026 | ₹105 |
| December 2026 | ₹107 |
Summary for 2026:
Using Fibonacci projections, the estimated price targets for MTNL in 2027 show steady growth, with the possibility of hitting ₹120 by year-end.
| Month | Target Price |
|---|---|
| January 2027 | ₹109 |
| February 2027 | ₹111 |
| March 2027 | ₹113 |
| April 2027 | ₹109 |
| May 2027 | ₹105 |
| June 2027 | ₹102 |
| July 2027 | ₹106 |
| August 2027 | ₹110 |
| September 2027 | ₹114 |
| October 2027 | ₹116 |
| November 2027 | ₹118 |
| December 2027 | ₹120 |
Summary for 2027:
MTNL’s stock could continue its upward trend in 2028, potentially reaching ₹138 by year-end.
| Month | Target Price |
|---|---|
| January 2028 | ₹122 |
| February 2028 | ₹124 |
| March 2028 | ₹126 |
| April 2028 | ₹122 |
| May 2028 | ₹118 |
| June 2028 | ₹114 |
| July 2028 | ₹119 |
| August 2028 | ₹124 |
| September 2028 | ₹129 |
| October 2028 | ₹132 |
| November 2028 | ₹135 |
| December 2028 | ₹138 |
Summary for 2028:
In 2029, MTNL’s price targets indicate further growth, with the possibility of reaching ₹157 by December.
| Month | Target Price |
|---|---|
| January 2029 | ₹141 |
| February 2029 | ₹144 |
| March 2029 | ₹147 |
| April 2029 | ₹142 |
| May 2029 | ₹137 |
| June 2029 | ₹132 |
| July 2029 | ₹137 |
| August 2029 | ₹142 |
| September 2029 | ₹148 |
| October 2029 | ₹151 |
| November 2029 | ₹154 |
| December 2029 | ₹157 |
Summary for 2029:
By 2030, MTNL’s stock price could continue to climb, potentially reaching ₹177 by year-end.
| Month | Target Price |
|---|---|
| January 2030 | ₹160 |
| February 2030 | ₹163 |
| March 2030 | ₹166 |
| April 2030 | ₹160 |
| May 2030 | ₹155 |
| June 2030 | ₹150 |
| July 2030 | ₹156 |
| August 2030 | ₹162 |
| September 2030 | ₹168 |
| October 2030 | ₹171 |
| November 2030 | ₹174 |
| December 2030 | ₹177 |
Summary for 2030:
| Year | Initial Target | Mid-Year Target | Year-End Target |
|---|---|---|---|
| 2025 | ₹82 | ₹77 | ₹92 |
| 2026 | ₹94 | ₹89 | ₹107 |
| 2027 | ₹109 | ₹102 | ₹120 |
| 2028 | ₹122 | ₹114 | ₹138 |
| 2029 | ₹141 | ₹132 | ₹157 |
| 2030 | ₹160 | ₹150 | ₹177 |
These predictions showcase the potential growth of MTNL’s stock price over the next few years.
However, external factors like government policies, competition, and technology changes could impact the forecast accuracy. Always consult with a financial advisor for the most current investment decisions.
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