Intellect Design Arena Ltd.

BSE: 538835 | NSE: INTELLECT
Small Cap | IT - Software
922.30
8.15 (0.89%)
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Intellect Design Arena rises on the bourses

Date: 19-10-2018

Intellect Design Arena is currently trading at Rs. 203.50, up by 1.10 points or 0.54% from its previous closing of Rs. 202.40 on the BSE.

The scrip opened at Rs. 200.00 and has touched a high and low of Rs. 204.05 and Rs. 200.00 respectively. So far 3374 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 283.20 on 14-Sep-2018 and a 52 week low of Rs. 120.70 on 18-Oct-2017.

Last one week high and low of the scrip stood at Rs. 218.45 and Rs. 200.00 respectively. The current market cap of the company is Rs. 2658.01 crore.

The promoters holding in the company stood at 31.66%, while Institutions and Non-Institutions held 23.37% and 44.93% respectively.

Intellect Global Transaction Banking (iGTB), the transaction banking and technology specialist from Intellect Design Arena, has entered into a collaboration agreement with Bolero International, the world's premier trade digitization experts, with goals to make trade safer, smarter and faster. Both firms are looking at exploring developments of digitally-led commercial trade and supply chain finance business propositions.

The new partnership will initially look at how coupling iGTB's strong product processors with Bolero's diversified global digital ecosystem can lead to the elimination of inefficiencies in trade transactions while at the same time boosting revenue enablement.

Intellect Design Arena is a digital technology product solutions provider to the Banking and Insurance industry, across Global Consumer Banking (iGCB), Central Banking, Global Transaction Banking (iGTB), Risk, Treasury & Markets (iRTM) and Insurance (Intellect SEEC).