MTNL stock soars 19% as govt deposits Rs 92 cr to pay bond interest dues – Business Standard

MTNL stock surged by 19% after the government deposited Rs 92 crore to cover bond interest dues. The infusion of funds from the government helped alleviate concerns about the company’s financial health. Investors responded positively to the news, driving up the stock price. The timely payment of bond interest dues is a positive sign for MTNL’s stability and future prospects.

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