Neueon Towers Ltd. Stock Analysis NTL.NS

Neueon Towers Ltd. engages in manufacture, sale, and trading of iron and steel products. The company is headquartered in Hyderabad, Telangana. The company went IPO on 2008-10-13. The firm has an installed capacity of 1,20,000 tons to manufacture structural steel which is primarily used to manufacture galvanized tower parts. The installed capacity to manufacture galvanized steel towers is 6,00,000 tons per annum, which caters to the requirements of towers for the telecom industry and towers for power transmission. The company executes projects on a turnkey / partial turnkey basis, which includes survey, engineering and design, civil works, electrical works, equipments installation and commissioning. The firm also executes projects on a turnkey / partial turnkey basis which includes, survey, engineering and design, permissions, laying of duct/cable, jointing, testing and commissioning, both fiber and copper. The company also supplies customized LT Switch gears, HT & LT panels, including lying of cable, terminations, installation and commissioning.