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Friday, March 25, 2011

Financial Technologies leads the gainer list of ‘BSE IT’ space


Financial Technologies is currently trading at Rs. 816.00, up by 46.85 points or 6.09% from its previous closing of Rs. 769.15 on the BSE.
The scrip opened at Rs. 775.00 and has touched a high and low of Rs. 823.75 and Rs. 775.00 respectively. So far 39,267 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1652.00 on 30-Mar-2010 and a 52 week low of Rs. 689.05 on 28-Jan-2011.
Last one week high and low of the scrip stood at Rs. 823.75 and Rs. 720.00 respectively. The current market cap of the company is Rs. 3723.15 crore.
The promoters holding in the company stood at 45.39% while Institutions and Non-Institutions held 31.34% and 22.90% respectively.
Financial Technologies (India) (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. The company's flagship product ODIN is used for trading in securities and commodities and accounts for 80% of market share in India.
The company has posted a net profit of Rs 78.79 crore for the quarter ended December 31, 2010 as compared to Rs 61.75 crore for the quarter ended December 31, 2009, up 27.60%.

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