Financial Technologies (India), a provider of technology solutions for financial markets, climbed on Tuesday  after the company and all other shareholders of NBHC entered into share purchase agreement for sale of 100% equity ownership in National Bulk Handling Corporation (NBHC), a subsidiary of the company, to IVF Trustee Company, the sole Trustee of India Value Fund IV, for a total consideration of Rs 2.41 billion.

The transaction is subject to certain customary closing conditions including the approval of shareholders of FTIL.

Shares of the company are trading at Rs 378.95, up Rs 18, or 4.99% at the Bombay Stock Exchange (BSE) on Tuesday.

The scrip has touched an intra-day high of Rs 378.95 and low of Rs 357. The total volume of shares traded at the BSE is 344,256.

In the earlier session, the shares fell 4.51%, or Rs 17.05, at Rs 360.95. Currently, the stock is trading down 56.46% from its 52-week high of Rs 870.30 and above 271.34% over the 52-week low of Rs 102.05.