MTNL to develop Core Knowledge Park in Noida

Mahanagar Telephone Nigam Ltd (MTNL) has announced that the Board of Directors of the Company at its meeting held on June 04, 2007, has approved the development of Core Knowledge Park (CKP) at the land available with the Company in Noida. This will be developed by a consortium selected by the Company against an open Expression of Interest (EOI) floated by the Company.

The stock closed the day at Rs.162.35, down by Rs.0.65 or 0.40%. The total traded quantity was 1703118 compared to 2 week average of 734056. The stock hit an intraday high of Rs.169.40 and low of Rs.161.20.

Source : Equity Bulls

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