Financial Technologies India Ltd has announced that the Company on August 23, 2007 has completed its acquisition of 4,50,000 equity shares in India's largest Stock Exchange - National Stock Exchange of India Ltd (NSE), from ICICI Bank at a total outlay of Rs 125 crores.
With this acquisition, Financial Technologies joins other shareholders including NYSE, Goldman Sachs, ICICI, SBI, IDBI, LIC, various public sector banks among others of NSE.
The stock closed the day at Rs.2030, up by Rs.10.25 or 0.51%. The stock hit an intraday high of Rs.2135 and low of Rs.2010. The total traded quantity was 113656 compared to 2 week average of 58619.
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Union Budget