Mumbai: Shares of Financial Technologies India Ltd, a software supplier to financial market intermediaries, rose 8.69% on the Bombay Stock Exchange (BSE) on Friday, after 3.96 million shares, or 8.63% of its equity, changed hands in a single transaction.
The shares were sold for Rs500 a share. The identities of the buyer and seller in the block deal were not available on the BSE website at the time of filing the story.
Financial Technologies shares closed at Rs567 on Friday.
The company is the promoter of the country’s largest commodity exchange, Multi Commodity Exchange of India Ltd, or MCX.