Mar 02, 2012, 09.39 AM IST | Source: Moneycontrol.com

MTNL refutes talks selling of CDMA biz; stock down 3.4%

Mahanagar Telephone Nigam (MTNL) said that, there is no plan to close down CDMA business operation as of now, reports CNBC-TV18.

Mahanagar Telephone Nigam (MTNL) said that, there is no plan to close down CDMA business operation as of now, reports CNBC-TV18.

It touched an intraday high of Rs 34 and an intraday low of Rs 32.15. At 09:32 hrs the share was quoting at Rs 32.60, down Rs 1.15, or 3.41%.
 
It was trading with volumes of 603,178 shares. In the previous trading session, the share closed up 4.65% or Rs 1.50 at Rs 33.75.

Yesterday the company's ADR was up 4.88% at USD 1.29.

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