MTNL Stock Jumps 17% on Sale of Mumbai Property for ₹891.5 Crore
Mahanagar Telephone Nigam Ltd (MTNL) shares surged over 17% on Thursday after its board approved the sale of its property in Powai, Mumbai to the Income Tax Department for ₹891.5 crore.
5 crore. MTNL said in an exchange filing that its board of directors approved the proposal.