DSIJ Mindshare

Spectrum Electrical Industries and Sky Gold Private have launched IPOs that are closing on September 21, 2018, while Garden Reach Ship is all set to launch an IPO on September 24, 2018.

Shri Bajrang Power and Ispat Limited plans to launch an IPO comprising of equity shares of face value Rs. 10 each, amounting to a total of Rs. 500 crore. The company filed a DRHP with SEBI on September 12, 2018.

The stocks most likely to experience significant movement on the bourses on September 14, 2018, are A2Z Infra Engineering, ITC and Godrej Consumer Products. The market will remain closed on September 13, 2018 on the occasion of Ganesh Chaturthi. 

Share price of KIOCL marked an 11 per cent intraday gain on Wednesday in anticipation of a potential buyback of shares on September 18, 2018. The decision will be taken on the same day after a meeting of the Board of Directors.

GIC Re has emerged as the 10th largest amongst the top 40 Global Reinsurers, as reported by Standard and Poor’s. The ranking is based on the net premium booked by the reinsurer in 2018. GIC Re demonstrated 24.5 per cent growth in its top line during FY 2018, while amassing a staggering premium of Rs. 41,799 crore.