Financial Technologies trades jubilantly on the bourses

06 Mar 2014

Financial Technologies (India) is currently trading at Rs. 367.45, up by 15.05 points or 4.27% from its previous closing of Rs. 352.40 on the BSE.

The scrip opened at Rs. 361.90 and has touched a high and low of Rs. 368.85 and Rs. 358.05 respectively. So far 320247 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 870.30 on 28-May-2013 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. 368.85 and Rs. 328.15 respectively. The current market cap of the company is Rs. 1677.49 crore.

The promoters holding in the company stood at 45.63% while Institutions and Non-Institutions held 18.85% and 35.43% respectively.

Merrill Lynch, a global financial services firm has picked up 2.35 lakh shares in Jignesh Shah-led Financial Technologies (FTIL) through an open market transaction. Merrill Lynch Capital Markets Espana bought 235,461 scrips of FTIL on March 05, 2014 at an average price of Rs 347.76, valuing the transaction at Rs 8.18 crore.

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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