Financial Technologies (India) is currently trading at Rs. 145.35, up by 7.60 points or 5.52% from its previous closing of Rs. 137.75 on the BSE.
The scrip opened at Rs. 143.50 and has touched a high and low of Rs 148.55 and Rs 140.60 respectively. So far 674400 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 2 has touched a 52 week high of Rs 1223.80 on 13-Nov-2012 and a 52 week low of Rs 102.05 on 30-Aug-2013.
Last one week high and low of the scrip stood at Rs 147.90 and Rs 109.00 respectively. The current market cap of the company is Rs 661.23 crore.
The promoters holding in the company stood at 45.63%, while Institutions and Non-Institutions held 32.08% and 22.08% respectively.
Financial Technologies (India) is planning to raise Rs 1,000 crore to fund its future growth opportunities. The company has already received its board's approval and is being placed before the shareholders for approval in the forthcoming Annual General Meeting (AGM) to be held on September 25, 2013 in Chennai. The company requires this money to acquire companies in the domestic/overseas markets to cater to future growth opportunities.
Financial Technologies is a flagship company of the Financial Technologies Group. It provides technology solutions and domain expertise for digital transactions and financial markets across all asset class including equity, commodities, currency and debt.
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