Intellect Design Arena is currently trading at Rs. 73.70, up by 2.80 points or 3.95% from its previous closing of Rs. 70.90 on the BSE.
The scrip opened at Rs. 73.95 and has touched a high and low of Rs. 74.40 and Rs. 70.45 respectively. So far 9726 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 5 has touched a 52 week high of Rs. 292.00 on 16-Jul-2019 and a 52 week low of Rs. 44.00 on 25-Mar-2020.
Last one week high and low of the scrip stood at Rs. 74.40 and Rs. 65.50 respectively. The current market cap of the company is Rs. 963.60 crore.
The promoters holding in the company stood at 31.38%, while Institutions and Non-Institutions held 26.32% and 42.30% respectively.
Intellect Design Arena has been positioned as a Leader in the IDC MarketScape: Worldwide Trade Finance Systems 2020 Vendor Assessment. The report assessed vendors on their depth and breadth of functionality, level of integration and forward-looking technology strategy around cloud and APIs.
The Global Transaction Banking arm of Intellect Design Arena, iGTB, provides Trade & Supply Chain Finance, the first and only integrated platform covering a comprehensive range of business products across Trade Finance & Supply Chain Finance with integrated Limits & Collateral Management capability. The product supports multi-country, multi-currency, multi-entity, multi-lingual operations and supports a wide variety of messaging formats.
Intellect Design Arena, a global leader when it comes to applying true digital technology, is the world’s first financial tech company that covers the entire spectrum of banking and insurance needs with its wide suite of products.