Financial Technologies shares surged as much as 17 per cent on Friday after the Mumbai-based firm turned profitable in the June quarter.
Financial Technologies, which has been renamed as 63 Moons Technologies, reported a profit of Rs 12 crore in Q1 compared to a loss of Rs 45 crore in the corresponding quarter of last fiscal.
The company is a technology solution provider to stock exchanges.
A sharp jump in other income to Rs 63 crore helped Financial Technologies report a profit in the June quarter.
Financial Technologies shares ended 13.6 per cent higher at Rs 88.60.