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GOLDTECH
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- 6M
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Recent events
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News
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Corporate Actions
Aion-Tech Solutions Says Approved Acquisition Of Upto 54.34% Stake In Eto Motors
Feb 13 (Reuters) - Aion-Tech Solutions Ltd AION.NS:
AION-TECH SOLUTIONS LTD - APPROVED ACQUISITION OF UPTO 54.34% STAKE IN ETO MOTORS
AION-TECH SOLUTIONS LTD - ACQUISITION OF UPTO 54.34% STAKE IN ETO MOTORS FOR 1.94 BILLION RUPEES
Source text: [ID:]
Further company coverage: AION.NS
(([email protected];))
Feb 13 (Reuters) - Aion-Tech Solutions Ltd AION.NS:
AION-TECH SOLUTIONS LTD - APPROVED ACQUISITION OF UPTO 54.34% STAKE IN ETO MOTORS
AION-TECH SOLUTIONS LTD - ACQUISITION OF UPTO 54.34% STAKE IN ETO MOTORS FOR 1.94 BILLION RUPEES
Source text: [ID:]
Further company coverage: AION.NS
(([email protected];))
Barrick Gold reports lower preliminary gold output for 2023
Updates share movement to market open in paragraph 5
Jan 16 (Reuters) - Canadian miner Barrick Gold Corp ABX.TO, GOLD.N said on Tuesday its full-year preliminary production of gold fell from a year earlier, even as output rose sequentially in the fourth quarter.
The world's second-largest gold miner said in November its 2023 gold production was forecast to be lower than expected due to equipment issues at its Dominican Republic mine and lower output at two sites in the Nevada Gold Fields project.
Barrick reported a 2.17% fall in 2023 gold output at 4.05 million ounces from a year earlier, which came below its forecast, and analysts' average estimate of 4.16 million ounces, according to LSEG data.
Copper production also fell 4.76% to 420 million pounds. Analysts had estimated 433 million pounds of output.
Shares of the Toronto-based company fell nearly 4.1% to C$22.67, while U.S.-listed shares were down 4.7% at $16.82. Gold was down 0.8% at around 10:00 a.m. ET. GOL/
Barrick's fourth-quarter output, however, rose to 1.05 million ounces of gold and 113 million pounds of copper, from 1.04 million ounces of gold and 112 million pounds of copper in the previous quarter.
The company said it expects all-in sustaining costs (AISC) per ounce of gold, an industry metric that reflects total expenses, to rise about 8% to 10% and copper's AISC to be 2% to 4% lower from the previous quarter.
Barrick is scheduled to release its fourth-quarter results on Feb. 14.
(Reporting by Seher Dareen in Bengaluru; Editing by Shinjini Ganguli)
(([email protected]; If in India call +91 74832 70128, if within U.S. call +1 646 223 8780;))
Updates share movement to market open in paragraph 5
Jan 16 (Reuters) - Canadian miner Barrick Gold Corp ABX.TO, GOLD.N said on Tuesday its full-year preliminary production of gold fell from a year earlier, even as output rose sequentially in the fourth quarter.
The world's second-largest gold miner said in November its 2023 gold production was forecast to be lower than expected due to equipment issues at its Dominican Republic mine and lower output at two sites in the Nevada Gold Fields project.
Barrick reported a 2.17% fall in 2023 gold output at 4.05 million ounces from a year earlier, which came below its forecast, and analysts' average estimate of 4.16 million ounces, according to LSEG data.
Copper production also fell 4.76% to 420 million pounds. Analysts had estimated 433 million pounds of output.
Shares of the Toronto-based company fell nearly 4.1% to C$22.67, while U.S.-listed shares were down 4.7% at $16.82. Gold was down 0.8% at around 10:00 a.m. ET. GOL/
Barrick's fourth-quarter output, however, rose to 1.05 million ounces of gold and 113 million pounds of copper, from 1.04 million ounces of gold and 112 million pounds of copper in the previous quarter.
The company said it expects all-in sustaining costs (AISC) per ounce of gold, an industry metric that reflects total expenses, to rise about 8% to 10% and copper's AISC to be 2% to 4% lower from the previous quarter.
Barrick is scheduled to release its fourth-quarter results on Feb. 14.
(Reporting by Seher Dareen in Bengaluru; Editing by Shinjini Ganguli)
(([email protected]; If in India call +91 74832 70128, if within U.S. call +1 646 223 8780;))
Goldstone Technologies Says Srinivas Chilukuri Shall Cease To Be CEO
Aug 10 (Reuters) - Goldstone Technologies Ltd GOLD.NS:
SRINIVAS CHILUKURI SHALL CEASE TO BE CHIEF EXECUTIVE OFFICER
Source text for Eikon: ID:nBSE7lLMg1
Further company coverage: GOLD.NS
(([email protected];))
Aug 10 (Reuters) - Goldstone Technologies Ltd GOLD.NS:
SRINIVAS CHILUKURI SHALL CEASE TO BE CHIEF EXECUTIVE OFFICER
Source text for Eikon: ID:nBSE7lLMg1
Further company coverage: GOLD.NS
(([email protected];))
India's Goldstone unveils JV with Quantron, hits upper circuit
** Shares of Goldstone Technologies Ltd GOLD.NS open 5% higher at 66.20 rupees, hitting its upper circuit as per NSE
** Co unveils joint venture with Germany's Quantron AG in the mobility solutions industry for fleet management
** JV to be headquartered from Augsburg in Germany and Hyderabad in India; plan to set up U.S. entity by Q3 2023
** Stock above its 50-, 100-, and 200-day exponential moving averages since April 25
** Stock's MACD line above the signal line since May 26, suggesting bullish momentum
** About 11,700 shares change hands by 11:42 a.m. IST, vs 30-day avg of ~39,000 shares
** Stock up 32.7% so far this year, up to last close
(Reporting by Dimpal Gulwani in Bengaluru)
** Shares of Goldstone Technologies Ltd GOLD.NS open 5% higher at 66.20 rupees, hitting its upper circuit as per NSE
** Co unveils joint venture with Germany's Quantron AG in the mobility solutions industry for fleet management
** JV to be headquartered from Augsburg in Germany and Hyderabad in India; plan to set up U.S. entity by Q3 2023
** Stock above its 50-, 100-, and 200-day exponential moving averages since April 25
** Stock's MACD line above the signal line since May 26, suggesting bullish momentum
** About 11,700 shares change hands by 11:42 a.m. IST, vs 30-day avg of ~39,000 shares
** Stock up 32.7% so far this year, up to last close
(Reporting by Dimpal Gulwani in Bengaluru)
Goldstone Technologies Appointed Srinivas Chilukuri As Chief Executive Officer
May 29 (Reuters) - Goldstone Technologies Ltd GOLD.NS:
APPOINTED SRINIVAS CHILUKURI AS CHIEF EXECUTIVE OFFICER
Source text for Eikon: ID:nBSE4pMf9L
Further company coverage: GOLD.NS
(([email protected];))
May 29 (Reuters) - Goldstone Technologies Ltd GOLD.NS:
APPOINTED SRINIVAS CHILUKURI AS CHIEF EXECUTIVE OFFICER
Source text for Eikon: ID:nBSE4pMf9L
Further company coverage: GOLD.NS
(([email protected];))
India's Goldstone Technologies up 5% on JV with German firm Quantron
** Shares of Goldstone Technologies Ltd GOLD.NS climb 5% to 58.95 rupees apiece
** Rise comes after the IT and ITES (IT-enabled services) firms says it is setting up a joint venture company with German e-mobility major, Quantron AG
** JV will focus on building digital platforms offering sustainability services
** JV will operate out of Augsburg in Germany and from Hyderabad, with plans to set up a U.S. unit in Q3 of 2023
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463))
** Shares of Goldstone Technologies Ltd GOLD.NS climb 5% to 58.95 rupees apiece
** Rise comes after the IT and ITES (IT-enabled services) firms says it is setting up a joint venture company with German e-mobility major, Quantron AG
** JV will focus on building digital platforms offering sustainability services
** JV will operate out of Augsburg in Germany and from Hyderabad, with plans to set up a U.S. unit in Q3 of 2023
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463))
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Popular questions
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Business
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Financials
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Share Price
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Shareholdings
What does AION-Tech Solutions do?
Goldstone Technologies Ltd., founded in 1994, is a publicly listed company on the BSE Limited and NSE in India. It specializes in Business Intelligence and IT Services.
Who are the competitors of AION-Tech Solutions?
AION-Tech Solutions major competitors are Atishay, Silverline Tech, Canarys Automations, Intense Tech, Trust Fintech, Ekansh Concepts, Sofcom Systems. Market Cap of AION-Tech Solutions is ₹203 Crs. While the median market cap of its peers are ₹196 Crs.
Is AION-Tech Solutions financially stable compared to its competitors?
AION-Tech Solutions seems to be less financially stable compared to its competitors. Altman Z score of AION-Tech Solutions is 4.86 and is ranked 5 out of its 8 competitors.
Does AION-Tech Solutions pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. AION-Tech Solutions latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has AION-Tech Solutions allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is AION-Tech Solutions balance sheet?
Balance sheet of AION-Tech Solutions is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of AION-Tech Solutions improving?
The profit is oscillating. The profit of AION-Tech Solutions is ₹8.43 Crs for TTM, -₹2.18 Crs for Mar 2024 and ₹0.46 Crs for Mar 2023.
Is the debt of AION-Tech Solutions increasing or decreasing?
The debt of AION-Tech Solutions is decreasing. Latest debt of AION-Tech Solutions is -₹31.41 Crs as of Sep-24. This is less than Mar-24 when it was -₹31.26 Crs.
Is AION-Tech Solutions stock expensive?
AION-Tech Solutions is not expensive. Latest PE of AION-Tech Solutions is 24.1, while 3 year average PE is 193. Also latest EV/EBITDA of AION-Tech Solutions is 0.0 while 3yr average is 408.
Has the share price of AION-Tech Solutions grown faster than its competition?
AION-Tech Solutions has given lower returns compared to its competitors. AION-Tech Solutions has grown at ~-54.72% over the last 1yrs while peers have grown at a median rate of 99.43%
Is the promoter bullish about AION-Tech Solutions?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in AION-Tech Solutions is 53.89% and last quarter promoter holding is 53.89%.
Are mutual funds buying/selling AION-Tech Solutions?
There is Insufficient data to gauge this.