However, Financial Technologies (India) Ltd (FTIL) declined to comment on the issue.
"As a policy of the company, we do not wish to comment on rumours or any speculative news items, hence we would not like to offer any comments on the said news reporting," the firm said in a regulatory filing with regard to reports that it is to sell stake in National Bulk Handling Corp for Rs 300 crore.
Earlier in the day, shares of FTIL gained 10.65 to close at Rs 246.80 on the BSE. In intra-day trading, the scrip touched a high of Rs 260.70.
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