Iykot Hitech
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Iykot Hitech Toolroom Ltd. is pivoting into the bullion and precious metals business, the company said after a board meeting on Thursday. The board approved altering the company's memorandum of association to add trading in gold, silver, diamonds, jewellery and mining as main objects, subject to shareholder consent. The board also hiked authorised share capital to ₹40 crore from ₹15 crore to give the company headroom for future fundraising. It appointed Rakesh Oza as chief financial officer after the resignation of Balakrishnan Thinagaran, and named Drishti Dawara as company secretary and compliance officer. The company reported a net loss of ₹44.97 lakh for the June quarter on sales of ₹7.23 lakh, widening from a ₹35.38 lakh loss a year earlier.
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Iykot Hitech Toolroom Ltd. is pivoting into the bullion and precious metals business, the company said after a board meeting on Thursday. The board approved altering the company's memorandum of association to add trading in gold, silver, diamonds, jewellery and mining as main objects, subject to shareholder consent. The board also hiked authorised share capital to ₹40 crore from ₹15 crore to give the company headroom for future fundraising. It appointed Rakesh Oza as chief financial officer after the resignation of Balakrishnan Thinagaran, and named Drishti Dawara as company secretary and compliance officer. The company reported a net loss of ₹44.97 lakh for the June quarter on sales of ₹7.23 lakh, widening from a ₹35.38 lakh loss a year earlier.
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July 24 (Reuters) - Iykot Hitech Toolroom IYKO.BO:
IYKOT HITECH TOOLROOM - APPOINTS RAKESH OZA AS CHIEF FINANCIAL OFFICER
Source text: ID:nBSE1Z9XWb
Further company coverage: IYKO.BO
(([email protected];))
July 24 (Reuters) - Iykot Hitech Toolroom IYKO.BO:
IYKOT HITECH TOOLROOM - APPOINTS RAKESH OZA AS CHIEF FINANCIAL OFFICER
Source text: ID:nBSE1Z9XWb
Further company coverage: IYKO.BO
(([email protected];))
Aug 8 (Reuters) - Iykot Hitech Toolroom IYKO.BO:
CFO D. MOHAN KUMAR RESIGNS
Further company coverage: IYKO.BO
(([email protected];))
Aug 8 (Reuters) - Iykot Hitech Toolroom IYKO.BO:
CFO D. MOHAN KUMAR RESIGNS
Further company coverage: IYKO.BO
(([email protected];))
Iykot Hitech Toolroom IYKO.BO:
IYKOT HITECH TOOLROOM - VENTURING INTO E-COMMERCE BUSINESS
IYKOT HITECH TOOLROOM - APPROVED VENTURING INTO E-COMMERCE BUSINESS, FURTHER WORKING ON BRAND DEVELOPMENT AND SOCIAL MEDIA MARKETING
IYKOT HITECH TOOLROOM - SUBRAMANIAM CHANDRASEKAR RESIGNS AS CFO
IYKOT HITECH TOOLROOM - G. RAGHAVENDRAN APPOINTED AS CHIEF FINANCIAL OFFICER
Source text for Eikon: ID:nBSE8VWpXm
Further company coverage: IYKO.BO
Iykot Hitech Toolroom IYKO.BO:
IYKOT HITECH TOOLROOM - VENTURING INTO E-COMMERCE BUSINESS
IYKOT HITECH TOOLROOM - APPROVED VENTURING INTO E-COMMERCE BUSINESS, FURTHER WORKING ON BRAND DEVELOPMENT AND SOCIAL MEDIA MARKETING
IYKOT HITECH TOOLROOM - SUBRAMANIAM CHANDRASEKAR RESIGNS AS CFO
IYKOT HITECH TOOLROOM - G. RAGHAVENDRAN APPOINTED AS CHIEF FINANCIAL OFFICER
Source text for Eikon: ID:nBSE8VWpXm
Further company coverage: IYKO.BO
Jan 24 (Reuters) - Iykot Hitech Toolroom IYKO.BO:
TO CONSIDER VENTURING INTO E-COMMERCE BUSINESS
Source text for Eikon: ID:nBSE5J1nsD
Further company coverage: IYKO.BO
(([email protected];))
Jan 24 (Reuters) - Iykot Hitech Toolroom IYKO.BO:
TO CONSIDER VENTURING INTO E-COMMERCE BUSINESS
Source text for Eikon: ID:nBSE5J1nsD
Further company coverage: IYKO.BO
(([email protected];))
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Popular questions
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What does Iykot Hitech do?
Iykot Hitech Toolroom Ltd specializes in manufacturing and distributing dies, tools, molds, and plastic components. They offer services like Mold Design, Mold Making, and Plastic Molding.
Who are the competitors of Iykot Hitech?
Iykot Hitech major competitors are Harshil Agrotech, Seemax Resources, Skytech Infnt. Pltfm, Envair Electodyne, Sprayking, Hawa Engineers, Misquita Engineering. Market Cap of Iykot Hitech is ₹24 Crs. While the median market cap of its peers are ₹24 Crs.
Is Iykot Hitech financially stable compared to its competitors?
Iykot Hitech seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Iykot Hitech pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Iykot Hitech latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Iykot Hitech allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Iykot Hitech balance sheet?
Balance sheet of Iykot Hitech is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Iykot Hitech improving?
The profit is oscillating. The profit of Iykot Hitech is -₹1.13 Crs for TTM, -₹1.03 Crs for Mar 2026 and -₹1.05 Crs for Mar 2025.
Is the debt of Iykot Hitech increasing or decreasing?
The net debt of Iykot Hitech is decreasing. Latest net debt of Iykot Hitech is -₹3.52 Crs as of Mar-26. This is less than Mar-25 when it was -₹0.67 Crs.
Is Iykot Hitech stock expensive?
There is insufficient historical data to gauge this. Latest PE of Iykot Hitech is 0
Has the share price of Iykot Hitech grown faster than its competition?
Iykot Hitech has given better returns compared to its competitors. Iykot Hitech has grown at ~46.21% over the last 6yrs while peers have grown at a median rate of 20.6%
Is the promoter bullish about Iykot Hitech?
Promoters seem not to be bullish about the company and have been selling shares in the open market. Latest quarter promoter holding in Iykot Hitech is 36.82% and last quarter promoter holding is 66.29%
Are mutual funds buying/selling Iykot Hitech?
There is Insufficient data to gauge this.