Hot Pursuit     14-Aug-14
FTIL gains after strong Q1 results
Financial Technologies (India) rose 2.70% to Rs 275.45 at 10:05 IST on BSE after net profit rose 57.93% to Rs 128.24 crore on 27.43% increase in total income to Rs 216.05 crore in Q1 June 2014 over Q1 June 2013.

The result was announced after market hours on Wednesday, 13 August 2014.

Meanwhile, the BSE Sensex was up 94.90 points, or 0.37%, to 26,013.85.

On BSE, so far 61,000 shares were traded in the counter, compared with an average volume of 3 lakh shares in the past one quarter.

The stock hit a high of Rs 279 and a low of Rs 270 so far during the day. The stock hit a 52-week high of Rs 403.60 on 10 March 2014. The stock hit a 52-week low of Rs 102.05 on 30 August 2013.

The stock had outperformed the market over the past one month till 13 August 2014, rising 17.17% compared with 3.57% rise in the Sensex. The scrip had, however, underperformed the market in past one quarter, rising 4.95% as against Sensex's 8.58% rise.

The small-cap company has an equity capital of Rs 9.22 crore. Face value per share is Rs 2.

FTIL is among the global leaders in offering technology IP (Intellectual Property) and domain expertise to create and trade on next generation financial markets. It is a global leader in creating and operating next-generation tech centric financial exchanges.

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