MTNL shares dip 3% as company struggles to fund escrow account

Quick Summary:

An escrow account is a secure account that holds funds or assets until certain conditions are met.

In the past one year, MTNL shares have ganied 30.15 per cent against Sensex's rise of 6.6 per cent.

At the operating level, the Ebitda loss stood at Rs 119.3 crore for the quarter, compared to a loss of Rs 110.9 crore in the preceding June quarter.

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Category: BusinessFinance

Markets: India

Topics: Sensex Buzzing stock Mahanagar Telephone Nigam Limited share Mtnl Markets Nifty 50 Mahanagar Telephone Nigam Limited Mtnl stock price Markets Bse Mtnl share price Market today Nse Mtnl share

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News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-13 @ 12:48:29 (4 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 490 words

Reading Time: 3 minutes read

Sentences: 22 lines

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Copyright Owner: © Business Standard

News ID: 25100624

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