-0.75 (-0.11%) Financial Technologies (India) is currently trading at Rs. 115.75, up by 2.35 points or 2.07% from its previous closing of Rs. 113.40 on the BSE.
The scrip opened at Rs. 115.65 and has touched a high and low of Rs. 116.70 and Rs. 115.00 respectively. So far 24,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 239.00 on 04-Dec-2014 and a 52 week low of Rs. 98.30 on 04-Sep-2015.
Last one week high and low of the scrip stood at Rs. 116.70 and Rs. 112.55 respectively. The current market cap of the company is Rs. 534.00 crore.
The promoters holding in the company stood at 45.63% while Institutions and Non-Institutions held 17.17% and 37.20% respectively.
Financial Technologies (India) (FTIL) has concluded the sale of 11% equity stake in Indian Energy Exchange (IEX) on fully diluted basis, with DCB Power Ventures and Kiran Vyapar, and accordingly 33,36,149 equity shares has been transferred to the above two purchasers from the Escrow Account with Axis Bank.
With the conclusion of the above transaction, the company has completed the sale of 13.60% stake in IEX, on fully diluted basis.
FTIL 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.