Mahanagar Telephone Nigam (MTE)

0.77 +0.01  +1.30%  May 30, 8:00PM Go Pro
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Mahanagar Telephone Nigam Net PP&E

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MTE Net PP&E Range, Past 5 Years

Minimum 4.502B Mar 2011
Maximum 4.502B Mar 2011
Average 4.502B

About Net PP&E

Net PP&E is short for Net Property Plant and Equipment. Property Plant and Equipment is the value of all buildings, land, furniture, and other physical capital that a business has purchased to run its business. The term "Net" means that it is "Net" of accumulated depreciation expenses.

For example, assume that a company buys a building worth $1,000,000, along with $50,000 of furniture. Their Net PP&E at the moment of purchase is $1,050,000.

Each year, however, the company must depreciate the value of that PP&E to account for the fact that it will wear out an need to be fixed or re-purchased in the future. Assume that in the first year, the company depreciates the building and furniture by $105,000 (or 10% of the original value). Then, at the end of the year, its Net PP&E is:

$1,050,000 - $105,000 = $945,000

As the company buys more PP&E, the value of its Net PP&E will increase, and as time passes, the value will decrease according to depreciation expenses.
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MTE News

[$$] MTNL Cuts 3G Tariff, Signals New Price War
May 30, 4:14AM The Wall Street Journal
$MTE http://stks.co/2M6M long setup
about 111 days ago by stt2318
How can a company like $MTE survive when a huge company like Vodafone had 146M customers in India yet only turned 15M in profit last year.
about 131 days ago by bradloncar
With the liquidity issues cellular firms are facing in India, I don&#39;t see how a small co like $MTE can compete. The govt should merge it.
about 153 days ago by bradloncar
Mahanagar Telephone Nigam rises 8.5%
Jul 25, 1:00PM FlyOnTheWall
Mahanagar Telephone Nigam rises 8%
Jul 25, 11:00AM FlyOnTheWall
[$$] BSNL Expects to Be Profitable This Year
Jun 28, 6:51AM The Wall Street Journal
[$$] CBI Probes Commonwealth Games Broadcasting Contract
Jun 08, 10:58AM The Wall Street Journal
State-Run Telecoms Mull Synergies
May 18, 5:17AM The Wall Street Journal
[$$] India Panel Moots Bharat Sanchar Merger With ITI, MTNL
Apr 06, 6:27AM The Wall Street Journal
[$$] India in Talks With Telcos for BlackBerry Access
Feb 17, 11:47AM The Wall Street Journal
$MTE watch over the 200dMA
about 626 days ago by stockaddict
02/04/10 Daily Stock: Target +33,33% BUY Mahanagar Telephone $MTE - Last Price $3,30 Target $4,40 - Stop 3,14 - http://tinyurl.com/m8ejta
about 790 days ago by Strategy_SMS
@WeeklyTA $MTE -
about 863 days ago by inflationista
$ 6/3/09 PX & VOL BREAKOUT $AERG $MTE $XING
about 1092 days ago by Terryco
(1/1) $ 5/28/09 Px & Vol BreakOut $hoku $mpel $mte $sslr $stp $ter $vix $yge -- tweeted from www.eztweets.com
about 1098 days ago by Terryco

Recent Quotes

Symbol Price Chg Chg % Market Cap
MTE 0.77 +0.01 +1.30% 242.55M
MTD 159.84 -6.66 -4.00% 5.046B
MHI 15.65 +0.00 +0.00%
MHH 5.82 -0.03 -0.51% 18.27M
MHGC 4.45 -0.06 -1.33% 137.02M
MHF 8.22 -0.04 -0.48%
MGYR 4.00 -0.15 -3.61% 23.16M
MGV 39.11 -0.55 -1.39%
MGT 4.80 -0.05 -1.03% 10.13M
MGRC 24.95 -0.40 -1.58% 614.27M
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