By Debdeep Gupta | 07 Oct, 2024
MTNL stock plunges after SBI labels PSU an NPA amid Rs 325.53 crore debt
Shares of Mahanagar Telephone Nigam Limited (MTNL) fell to a 5 percent lower circuit after the Central Public Sector Enterprise (CPSE) was officially classified as a non-performing asset (NPA) by the State Bank of India (SBI)India's largest public sector lender stated that MTNL now owed a total of Rs 325.53 crore as of September 30. This declaration follows a similar downgrade by Punjab National B...