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Over the last one year, Mahanagar Telephone Nigam has declined 38.92% compared to peers like Bharti Airtel (-4.29%), Vodafone Idea (119.50%), Bharti Hexacom (-21.47%). From a 5 year perspective, Mahanagar Telephone Nigam has underperformed peers relative to Bharti Airtel (27.37%) and Vodafone Idea (8.21%).

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