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Financial Daily from THE HINDU group of publications Wednesday, March 08, 2000 |
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AGRI-BUSINESS BANKING & FINANCE CORPORATE INDUSTRY INFO-TECH LOGISTICS MACRO ECONOMY MARKETING MARKETS MONEY NEWS OPINION VARIETY INFO-TECH CATALYST INVESTMENT WORLD MONEY & BANKING LOGISTICS |
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MTNL: NYSE listing beckons
THE Mahanagar Telephone Nigam Ltd (MTNL) stock may rule firm in the near term in the wake of the possibility of a NYSE listing. The board of directors has indicated that the NYSE listing is likely by March 15. Though there have been quite a few indicatio
ns in the past in this regard, the fact that a firm deadline has now being indicated suggests that the company may go through with the exercise this time around. The stock may show firm trends in the short term. The MTNL stock trades at Rs. 346.
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