63 Moons Technologies Ltd.

BSE: 526881 | NSE: 63MOONS
Small Cap | IT - Software
677.90
-0.75 (-0.11%)
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Financial Technologies surges on concluding sale of its 13% stake in DMCC

Date: 17-03-2016

Financial Technologies (India) is currently trading at Rs. 79.95, up by 4.05 points or 5.34% from its previous closing of Rs. 75.90 on the BSE.

The scrip opened at Rs. 79.00 and has touched a high and low of Rs. 81.50 and Rs. 78.80 respectively. So far 81,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 205.80 on 07-Apr-2015 and a 52 week low of Rs. 71.40 on 29-Feb-2016.

Last one week high and low of the scrip stood at Rs. 81.50 and Rs. 75.40 respectively. The current market cap of the company is Rs. 366.55 crore.

The promoters holding in the company stood at 45.63% while Institutions and Non-Institutions held 13.92% and 40.45% respectively.

Financial Technologies (India) (FTIL) has concluded the transaction relating to sale of its 13% stake in DGCX to Dubai Multi Commodities Centre (DMCC), a Government of Dubai enterprise. This is pursuant to the approval received from Reserve Bank of India (RBI). With the conclusion of the above transaction, FTIL has completely exited from DGCX.

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.