Intellect Design Arena Ltd.

Intellect Design Arena is currently trading at Rs. 203.00, up by 5.55 points or 2.81% from its previous closing of Rs. 197.45 on the BSE.

The scrip opened at Rs. 199.80 and has touched a high and low of Rs. 204.90 and Rs. 196.65 respectively. So far 55038 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 225.00 on 18-May-2018 and a 52 week low of Rs. 96.50 on 11-Aug-2017.

Last one week high and low of the scrip stood at Rs. 204.90 and Rs. 171.30 respectively. The current market cap of the company is Rs. 2551.28 crore.

The promoters holding in the company stood at 31.04%, while Institutions and Non-Institutions held 22.95% and 46.01% respectively.

Intellect Design Arena and IBM will jointly deliver digital corporate banking solutions to some of the world's largest banks on the IBM Cloud. Intellect Global Transaction Banking (iGTB) is a global leader in corporate banking technology with 178 client installations across North America, Europe, Asia, the Middle East and Africa.

Both the companies will together work on a range of technologies including applications, infrastructure and cloud services, iGTB will enhance the delivery of iGTB's next-generation corporate banking platform, CBX 5-18, also making it available on the IBM Cloud.

Intellect Design Arena a specialist in applying true digital technologies, is the world's first full spectrum banking and insurance technology products company, across Global Consumer Banking (iGCB), Central Banking, Global Transaction Banking (iGTB), Risk and Treasury Management (iRTM) and Insurance (Intellect SEEC).