NTL.NS
Price:
$5.22
Market Cap:
$295.16M
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
Steel
IPO Date
2008-10-28
Stock Exchange
NSE
Ticker
NTL.NS
According to Neueon Towers Limited’s latest financial reports and current stock price. The company's current Current Ratio is 4.70. This represents a change of 287.92% compared to the average of 1.21 of the last 4 quarters.
The mean historical Current Ratio of Neueon Towers Limited over the last ten years is 0.95. The current 4.70 Current Ratio has changed 49.35% with respect to the historical average. Over the past ten years (40 quarters), NTL.NS's Current Ratio was at its highest in in the March 2025 quarter at 4.70. The Current Ratio was at its lowest in in the June 2015 quarter at 0.
Average
0.95
Median
0.40
Minimum
0.14
Maximum
4.70
Discovering the peaks and valleys of Neueon Towers Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 3.11%
Maximum Annual Current Ratio = 4.70
Minimum Annual Increase = -71.42%
Minimum Annual Current Ratio = 0.14
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 4.70 | 3.11% |
| 2024 | 0.15 | 6.35% |
| 2023 | 0.14 | -1.23% |
| 2021 | 0.14 | -0.05% |
| 2020 | 0.14 | -21.08% |
| 2019 | 0.18 | -71.42% |
| 2018 | 0.62 | -35.60% |
| 2017 | 0.96 | -17.17% |
| 2016 | 1.16 | -12.19% |
| 2015 | 1.32 | -28.73% |
The current Current Ratio of Neueon Towers Limited (NTL.NS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.66
5-year avg
1.05
10-year avg
0.95
Neueon Towers Limited’s Current Ratio is greater than OCL Iron and Steel Limited (0.03), greater than Vikas WSP Limited (0), greater than National Steel and Agro Industries Limited (0.04), greater than Sathavahana Ispat Limited (0.04), less than Indian Bright Steel Company Limited (400.63), greater than Ramsarup Industries Limited (0.00), greater than PSL Limited (0.78), less than JD Orgochem Limited (0), greater than Neelkanth Ltd. (0), greater than Binani Industries Limited (0.08),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.03 | $280.45M | |
| 0 | $306.66M | |
| 0.04 | $175.78M | |
| 0.04 | $124.70M | |
| 400.63 | $153.50M | |
| 0.00 | $40.88M | |
| 0.78 | $62.47M | |
| 0 | $215.84M | |
| 0 | $221.79M | |
| 0.08 | $377.96M |
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