A & M Febcon Limited Company that are in News Today

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A & M Febcon Ltd. Company is a company that is listed on the Bombay Stock exchange (BSE). 
To Know More About Company Details Just Visit Now :- www.aandmfebcon.com

The firm was registered on May 1, 2013 under the provisions of the Indian Partnership Act, 1932, with Registrar of Firms, Ahmedabad Division, Ahmedabad under Registration No. GUJ/AMG/18822. By and under a partnership deed dated September 5, 2011, Mr. Pratish Chimanlal Shah (HUF) retired from the partnershipand Mr. Ashokbhai Ladhubhai Shethiya was admitted as a new partner. Thereafter, by and under a partnership deed dated March 8, 2013 the name of the firm was changed to Messrs.

A & M FEBCON and five new partners,namely Mr. Purveshbhai Vishnubhai Parikh, Mrs. Zalakben Purveshbhai Parikh, Mr. Vishnubhai Sunderlal Parikh, Mr. Mehul Kumar Prahladbhai Patel and Mr. Amitbhai Versibhai Desai were admitted to the partnership. M/s. A & M FEBCON was thereafter converted from a partnership firm to a private limited company with the name of A & M FEBCON PRIVATE LIMITED on 18th June 2013. 

Further, it was converted from a private limited company to a public limited company with the name A & M Febcon Limited on 15th March 2017. A & M Febcon is basically engaged in the services of engineering which is applied to the planning, designing and control of industrial operations and in the business of Industrial equipment and metal fabrication. Industrial equipment fabrication is the most complex out of the three i.e. structural, commercial and industrial which is used primarily to develop industrial machinery.

Brexit day ; Today Indian Stock Market Closing Bell

Today Nifty ends tad below 2016-closing high ahead of Brexit votes Tata Motors, Dr Reddy's Labs, SBI, HDFC Bank and Axis Bank were top gainers while NTPC, Cipla, TCS, Asian Paints and ONGC were losers in the Sensex. 

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Today The Nifty ended tad below 2016 closing ahead of Brexit vote. The 50-share index is up 66.75 points or 0.8 percent at 8270.45. The Sensex was up 236.57 points or 0.9 percent at 27002.22. About 1093 shares have advanced, 1498 shares declined, and 183 shares are unchanged. 

Tata Motors, Dr Reddy's Labs, SBI, HDFC Bank and Axis Bank were top gainers while NTPC, Cipla, TCS, Asian Paints and ONGC were losers in the Sensex. Tata Motors, Tata Steel, Bharat Forge, Hindalco, Infosys, TCS and Tech Mahindra are the stocks that will get impacted by outcome of Britain's referendum. 

According to reports, Indian IT companies get anywhere from 6-18 percent of their revenues from the UK. The UK has traditionally been the gateway for Indian IT firms to enter Europe and they have set up a large presence in the UK to serve the EU markets from their headquarters in London. The United Kingdom is voting today on whether to remain in or leave the 28-nation European Union. 

Live Stock Market News Closing Bell ; Market Off Day's High

Sensex, Nifty off day's high; FMCG & infra up, Infosys falls Nifty Bank touched 18000 level for the first time since October 26, 2015 after the Reserve Bank of India maintained accommodative policy stance, though pointing inflation concerns. Get More Market Updates www.marketmagnify.com or Just Give One Missed Call at +917879-88-11-22

The Indian stock market surged further in afternoon trade with the Sensex rising 300 points or 1.12 percent to 27076.90, driven by banks, FMCG, infra and auto stocks. The Nifty is inching towards 8300, up 92.10 points or 1.12 percent at 8293.15. The market breadth remained positive as about 1483 shares advanced against 985 declining shares on Bombay Stock Exchange. 

The BSE Midcap index gained 0.6 percent and Smallcap was up 1.1 percent. Nifty Bank touched 18000 level for the first time since October 26, 2015 after the Reserve Bank of India maintained accommodative policy stance, though pointing inflation concerns. State Bank of India and ICICI Bank surged 4 percent each.

Today Nifty Top Gainers are :- SBI, ICICI Bank, UltraTechCement, Hindalco and Ambuja Cements .

Stock Market Closing Bell by MarketMagnify

• NIFTY FUTURE DOWN 34.30@7750.10

• BANKNIFTY FUTURE DOWN 2.75@16244.25

• SENSEX DOWN 72.22@25269.64

• INR 66.26

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In absolute terms, Bank Nifty posts biggest weekly gains in 10 years. The Sensex was up 39.49 points at 24646.48, and the Nifty was up 9.75 points at 7485.35. About 1516 shares have advanced, 1087 shares declined, and 145 shares are unchanged. 

 

BHEL, SBI, Coal India, Tata Motors and Cipla were top gainers while Sun Pharma, Wipro, Maruti, L&T and Reliance were losers in the Sensex.

Nifty Bank recovered more than 300 points from day's low as all banks stocks were in green. SBI (up over 3 percent) and HDFC Bank (up over 1 percent) rebounded. ICICI Bank extended upside, rising 2.5 percent.