The 5-year analysis of Neueon Towers Ltd's performance infers:
We analysed the performance of Neueon Towers Ltd share prices over the last 10 years. Here is what we found out:
Sujana Towers was incorporated in 2006; is engaged in manufacturing of telecom towers and transmission towers. The company was previously a division of Sujana Steels. The tower division was de-merged from Sujana Steels and formed a separate entity.
The company has tower manufacturing capacity of 1,28,125 TPA. Sujana Towers has received ISO 9001:2000 certifications for its
The company has tower manufacturing capacity of 1,28,125 TPA. Sujana Towers has received ISO 9001:2000 certifications for its quality management.
The company clientele includes PowerGrid, Reliance Infocomm, Tata Projects, BHEL, Reliance Energy, Nortel, Bharti, Idea, BSNL, L&T, Ericsson and many more.
The tower major owns subsidiaries namely Digitech Business Systems, Hong Kong, Sujana Transmissions and Telesuprecon
Products and Services
Telecom Towers- The company is engaged in designing and manufacturing of telecommunication towers. It uses customized structural analysis programs and CAD techniques to design cost effective and customer specific product. Sujana Towers provides a range of pipe type structure used in radar towers and switch towers.
Transmission Towers- Under this the company manufactures high tension (HT) towers for the power sector. The company designs tower ranging up to 400 KV. Sujana Towers manufactures various types of Lattice Towers from slender single user options to large multi user structures.
Sujana Towers also provides range of services such as engineering and consultation, turnkey installations and inspection and maintenance.
The company plans to focus on capturing major share in the market in both telecom and transmission sector.
The company is in the process of expanding the capacity at Chennai by adding another 1,00,000 TPA.