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 ; Sensex recovers from Rajan's exit news, rupee under pressure

As expected the Indian stock markets opened the week on a bearish note with the rupee tanking nearly 1%, sensex down about 0.6% and government bond yields hardening 3-4 paise, but the recovery in the stock marker was quick, although rupee struggled. Get Live market updates trading tips on www.marketmagnify.com or for current market updates just give Missed Call @78-79-88-11-22

After opening about 150 points lower at 26,476, on the RBI governor Raghuram Rajan's decision on Saturday to not seek another term after his current one ends in early September, the index recovered and at 1015IST, it was up 65 points at 26,691.

Indian Rupee, however, was still in the red, trading at 67.54 to the dollar, weaker by about 50 paise from its Friday close. In the bond market, the benchmark yield on the 10-year government bond was at 7.53%, up from 7.50% on Friday. 

The Indian market is still making steady gains after knee-jerk reaction to Reserve Bank of India's governor Raghuram Rajan not continuing for second term. The Nifty is below 8200-mark, up 14 points or 0.2 percent at 8184.20. 

The Sensex is up 66.11 points or 0.2 percent at 26692.02. Infosys, L&T, TCS, Hero MotoCorp and ONGC are top gainers while Axis Bank, Asain Paints, Lupin, ICICI Bank and Coal India are losers in the Sensex. 

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The Stock market breadth remained positive as about two shares advanced for every share falling on BSE. Earn More without Loss For more technical or fundamental expert advice just visit on www.marketmagnify.com or give Missed call us at 78-79-88-11-22 

Max Financial Services shares rallied 20 percent and HDFC gained 2 percent intraday after a media report indicated there are merger talks between companies for their life insurance business. 

Axis Bank also gained over a percent as the bank holds 5.99 percent stake in Max Life. Tata Motors, Maruti Suzuki, Dr Reddy's Labs and Coal India added a percent while Infosys, Sun Pharma, L&T and Tata Steel were marginally lower. 

The S&P BSE Sensex gained 153 points to quote at 26,679 and the Nifty50 rose 37 points to trade at 8,176. Max Financial Services has zoomed 20% to Rs 514, also its 52-week high on the BSE in intra-day trade on heavy volumes. 

The rally comes on the back of reports that HDFC Life and Max Life are in talks to create the country's biggest private life insurer. V-Guard Industries has rallied 11% to Rs 1,470, also its record high on the National Stock Exchange (NSE) after the company announced that its board approved the proposal for splitting of equity shares in the ration of 1:10.

Free Tips News Updates ; Today Stock Market Continue to Rise

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The Indian stock market is still holding its early gains. The Sensex is up 86.43 points or 0.3 percent at 26482.14, and the Nifty is up 24.55 points or 0.3 percent at 8133.40. About 1459 shares have advanced, 647 shares declined, and 125 shares are unchanged. Bharti Airtel, Hero MotoCorp, Cipla, SBI and L&T are top gainers while ICICI Bank, Coal India, Dr Reddy's Labs, Axis Bank and HDFC are losers in the Sensex. 

Gold futures fell by 0.21 percent to Rs 30,493 per 10 grams today as participants cut their bets amid a weak global trend. Besides, profit-booking by speculators weighed on gold prices.

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• Buy Wockhardt for a target of Rs 964 with a stoploss of Rs 901 
• Buy Ceat at its closing of around Rs 872, stoploss of Rs 868 and a target of Rs 880. 
• Buy HDFC at its closing of around Rs 1,199, stoploss of Rs 1,191 and target of Rs 1,215.

Get Stock Market Trading Calls for Tomorrow ; Sensex, Nifty Sluggish

Today The Indian stock market is still under pressure as the Nifty hovers around 8100. The 50-share index is down 14.85 points or 0.2 percent at 8095.75 and the Sensex is down 34.66 points or 0.1 percent at 26362.11. About 1536 shares have advanced, 835 shares declined, and 133 shares are unchanged.Get More Market Updates Trading Calls Just Visit on www.marketmagnify.com or Give Missed Call at +91-78-79-88-11-22

TCS, Hero MotoCorp, Asian Paints, HUL and Bajaj Auto are losers in the Sensex while Adani Ports, SBI, Cipla, GAIL and Tata Motors are gainers. Gold fell Rs 56 to Rs 30,568 per 10 grams in futures trade today as participants reduced their positions, largely in line with a weak trend overseas. 

Microsoft agrees to buy LinkedIn for $26.2 billion Microsoft has announced it will buy enterprise social network LinkedIn in a deal valued at $26.2 billion. The tech giant's biggest purchase comes under Chief Executive Satya Nadella who is reshaping Microsoft since taking over in 2014 to appeal more to business customers with cloudbased services and productivity tools.