Intellect Design Arena is currently trading at Rs. 659.20, up by 2.75 points or 0.42% from its previous closing of Rs. 656.45 on the BSE.
The scrip opened at Rs. 649.05 and has touched a high and low of Rs. 668.75 and Rs. 645.55 respectively. So far 13594 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 892.00 on 26-Jul-2021 and a 52 week low of Rs. 455.00 on 04-Mar-2021.
Last one week high and low of the scrip stood at Rs. 669.60 and Rs. 633.00 respectively. The current market cap of the company is Rs. 8781.42 crore.
The promoters holding in the company stood at 30.91%, while Institutions and Non-Institutions held 28.07% and 41.02% respectively.
Intellect Design Arena has bagged a large multi-million destiny deal from Reserve Bank of India (RBI). The RBI, the central bank of the country and one of the largest in Asia region, has chosen Intellect to implement the upgraded version of the award-winning Cloud Native Intellect Quantum Core Banking solution to power the next stage of their digital transformation agenda. Intellect continues to be the trusted partner for the Central Banking Transformation at Reserve Bank of India.
The next generation Intellect Quantum solution is built on cutting edge API first, cloud-native and cloud-agnostic microservices architecture supported by a rich set of packaged business components.
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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