Financial Technologies India gained 2.27% to Rs 1409 at 14:02 IST on BSE after the company said foreign funds FMR LLC and FIL have acquired a further 0.17% stake in the company to raise their total holdings to 10.13%.
The stock hit a high of Rs 1428 and a low of Rs 1360 so far during the day. The stock had a 52-week high of Rs 3048 on
The company’s current equity is Rs 9.18 crore. Face value per share is Rs 2.
The current price of Rs 1409 discounts its Q3 December 2007 annualized EPS of Rs 469.46, by a PE multiple of 3.
Financial Technologies India's net profit surged 58.63% to Rs 536.95 crore on 27.24% growth in net sales to Rs 39.38 crore in Q3 December 2007 over Q2 September 2007.
Financial Technologies develops software solutions used in online trading terminals. Multi Commodity Exchange of India (MCX), IBS Forex and Tickerplant Infovending are the subsidiaries of the company.
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