Intellect Design Arena is currently trading at its upper limit of Rs. 195.30, up by 9.30 points or 5.00% from its previous closing of Rs. 186.00 on the BSE.
The scrip opened at Rs. 186.70 and has touched a high and low of Rs. 195.30 and Rs. 185.05 respectively. So far 67142 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 5 has touched a 52 week high of Rs. 229.00 on 13-Sep-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. 210.90 and Rs. 182.00 respectively. The current market cap of the company is Rs. 2588.14 crore.
The promoters holding in the company stood at 31.35%, while Institutions and Non-Institutions held 26.16% and 41.76% respectively.
Intellect Design Arena’s — Intellect Global Transaction Banking’s (iGTB) Digital Transaction Banking (DTB) solution has been selected by Samba Financial Group, one of the region’s largest and most acclaimed financial services groups. The bank has selected DTB to power its digital transformation initiatives to strengthen its corporate offering and help attract more customers. The solution will help the bank become more competitive, streamline internal processes and, in turn, generate additional revenue streams.
The bank has chosen the Digital Transaction Banking (DTB) complete solution for cash management, which includes the digital omnichannel CBX for Account Services, Payments, Collections & Receivables, Liquidity Management front-end with processing capabilities across Payments, Collections & Receivables and Liquidity.
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.
