Muthoot Microfin Limited: आईपीओ से 1000 करोड़ रुपये बढ़ाने का उद्देश्य

Muthoot Pappachan Group का हिस्सा Muthoot Microfin Limited,  आईपीओ (IPO) से 1000 करोड़ रुपये जुटाने की योजना बना रहा है। बाजार सूत्रों के मुताबिक, मुथूट माइक्रोफिन के शेयर्स 201 9 के पहले छमाही में बाजार में अच्छा उछाल मारेंगे।
कंपनी द्वारा दायर DRHP (Draft red herring prospect ) के अनुसार, आईपीओ में 500 करोड़ रुपये तक की ताजा समस्या और 1,63,10,072 इक्विटी शेयरों की बिक्री (ओएफएस) की पेशकश शामिल है।
यह भारत Bharat Financial Inclusion Limited, Satin Creditcare Net work limited और Credit Access Grameen Limited के बाद स्टॉक एक्सचेंजों पर सूचीबद्ध होने वाली चौथी शुद्ध  माइक्रो-फाइनेंस कंपनी होगी।
जुलाई 2018 में मुथूट माइक्रोफिन ने बाजार नियामक सेबी के साथ एक आईपीओ के लिए डीआरएचपी (DRHP) दायर किया था। स्रोत जानकारी के अनुसार, उत्तरी भारत में मुथूट के विस्तार के लिए आय का उपयोग किया जाएगा।

Nifty rejig: JSW Steel replaces Lupin in the Nifty50 today.

JSW Steel Ltd. will replace domestic pharma major Lupin Ltd. in the benchmark Nifty50 Index of the National Stock Exchange, effective from today, 28 Sept 2018. The inclusion of JSW Steel is expected to enhance the stock of JSW Steel, given that a number of exchange-traded funds track the Nifty index.

The shares of JSW Steel Limited rose upto 2 per cent in early morning hours Friday, after the NSE announced that it will be replacing Lupin Limited in the benchmark NSE Nifty50 index from Friday. However, JSW Steel’s stocks subsequently turned flat, lower over 4 percent during mid market trade.

JSW Group is a USD 13 billion company serving to the different sectors such as Steel, Energy, Cement and Infrastructure. Its Group operations cover across India, South Africa, South America and Europe.

On Friday, the shares of JSW Steel Limited opened at Rs. 403.85 per share, and hit a high of 407.95 and a low of 374.20 per share on the NSE. At the time of this reporting, the stock was trading at Rs. 383.20 per share, down 4.27 per cent. While, the shares of Lupin opened at Rs. 898.35 per share and are currently trading at Rs. 914.50  per share, up 2.02 percent.

Commodity Preview 

Crude Oil: Something Want to Know

Of late, the Organization of the Petroleum Exporting Countries (OPEC) has been increasing crudeoil production to relieve the worries about high oil prices in the midst of expected supply losses from Venezuela and Iran.

Saudi Arabia is the largest producer and exporter of Crude Oil has been targeting an increase in crudeoil exports to the most transparent market, the U.S, which reports that crudeoil imports and inventory levels every week. However, the Saudis are eyeing to recover their footing in the American market after cutting shipments to the U.S to a thirty-year-low at the end of last year, when OPEC’s efforts to lessen the global oil glut were in its highest level.

Last month, the 4-week average of US crude oil imports from Saudi Arabia went beyond 1 million bpd for the first time since June 2017, as per date of Energy Information Administration.

In the start of the year, the OPEC and associates achieved their undertaking to draw global inventories down to the 5-year average. Although the oil market tightened, Saudi Arabia was still declaring to carry on with the production cut pact until the end of this year, in any case. On the other hand, the United States announced the return of sanctions on Iran, as well as on its oil, Venezuela’s production continued to fall by between range 40,000 bpd to 50,000 bpd every month, outages in Libya and Nigeria continued, and Brent Crude prices hit USD 80 a barrel in May. Stock Market Advice From Experts