Alex,
It is true that MTNL planned to launch IPO. Perhaps MTNL is one of
the heavy scrip ,many people love to HATE because of it's low price
bands (it has 110/60 high/low in last 6 months).Many telecom scrips
are bleeding now ,Bharti,Rcom,TataCom,Idea,etc...If MTNL offers some-
thing better than these company then only we can expect it to do well
otherwise simply it will join their company. (even after bear market).
It is true that MTNL planned to launch IPO. Perhaps MTNL is one of
the heavy scrip ,many people love to HATE because of it's low price
bands (it has 110/60 high/low in last 6 months).Many telecom scrips
are bleeding now ,Bharti,Rcom,TataCom,Idea,etc...If MTNL offers some-
thing better than these company then only we can expect it to do well
otherwise simply it will join their company. (even after bear market).