Intellect Design Arena is locked its upper circuit limit at Rs. 222.70, up by 10.60 points or 5.00% from its previous closing of Rs. 212.10 on the BSE.
The scrip opened at Rs. 213.20 and has touched a high and low of Rs. 222.70 and Rs. 213.00 respectively. So far 32007 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 223.40 on 18-Sep-2020 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. 222.70 and Rs. 195.30 respectively. The current market cap of the company is Rs. 2951.98 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 is planning to steward the digital transformation of Myanmar’s State-owned Myanma Foreign Trade Bank (MFTB). Intellect will power MFTB’s digital aspirations with Intellect Digital Core 19.2 – a fully integrated solution with the best of breed functionalities to provide a truly Omnichannel experience. The solution is past-compatible, which means it will integrate with MFTB’s existing system seamlessly. It is also future-proof - giving MFTB the ability to respond with agility to new market demands and scale progressively.
MFTB carries a serious mandate of sustainable development and inclusive banking. This demands a superior class of technology with comprehensive business functions, which Intellect aims to provide.
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.
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