Neueon Towers Limited Share Price and Company Fundamentals
Last traded: 01/05/2022
Neueon Towers Limited manufactures and trades in iron and steel products in India. The company offers galvanized steel products. It also manufactures various transmission/ telecom towers and TSF products. The company was formerly known as Sujana Towers Limited and changed its name to Neueon Towers Limited in October 2016. Neueon Towers Limited incorporated in 2006 and is based in Hyderabad, India.
|Industry / Sector||Steel / Basic Materials|
|Full time employees||13|
|Mailing address||No. 8-2-248/1/7/24, 2nd Floor Nagarjuna Hills, Punjagutta Hyderabad 500082 India|
|Phone / Fax||/|
Neueon Towers Limited paid ₹0.00 dividend and the ex-dividend date was .The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.NTL dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
NTL's forward dividend amount is ₹ and the forward dividend yield is . A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
As of Dec 2022, following are the company executives and directors listed on Neueon Towers Limited.
|Mr. Godavarthi Srinivasa Raju||MD & Exec. Director||58|
|Mr. Pathan Apser Hussen||Company Sec. & Compliance Officer||300k|
|Sudhanshu B. Chhadha||Head of Bus. Strategy and Fin.||57|
Profitability and management effectiveness
Return on assets
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Neueon Towers Limited is and its enterprise value is .
The NTL's stocks Beta value is 0.20 making it 80% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
Neueon Towers Limited (NSE:NTL) Frequently Asked Questions
1. What is Neueon Towers Limited's Stock Symbol?
Neueon Towers Limited trades on NSE under the ticker symbol "NTL".
2. What is Neueon Towers Limited's stock price today?
One share of NTL stock can currently be purchased for approximately ₹3.2.
3. How can I contact Neueon Towers Limited?
Neueon Towers Limited's mailing address is No. 8-2-248/1/7/24, 2nd Floor Nagarjuna Hills, Punjagutta Hyderabad 500082 India. The company can be reached via phone at .
4. What is Neueon Towers Limited's official website?
The official website of Neueon Towers Limited is https://www.sujana.com.