Intellect Design Arena Ltd.

Intellect Design Arena is currently trading at Rs. 69.35, up by 2.25 points or 3.35% from its previous closing of Rs. 67.10 on the BSE.

The scrip opened at Rs. 68.10 and has touched a high and low of Rs. 69.50 and Rs. 68.10 respectively. 

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 292.00 on 15-Jul-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. 74.85 and Rs. 66.50 respectively. The current market cap of the company is Rs. 901.23 crore.

The promoters holding in the company stood at 31.40%, while Institutions and Non-Institutions held 25.80% and 42.80% respectively.

Intellect Design Arena has introduced iTurmeric FinCloud - its future-ready, cloud-ready, API-first, microservices-based platform - available on IBM public cloud, the industry’s most secure and open public cloud for business. Additionally, the company is one of the first financial services ISVs onboarding their offerings to the financial services-ready public cloud, once available, to provide its powerful industry solutions to leading financial institutions around the world, while addressing security and compliance readiness, and resiliency.

As global financial institutions continue to embark on their fast-paced digital journeys, it is imperative they leverage cloud-based fintech solutions to mitigate the business challenges arising from changing market conditions and meet customer expectations. Intellect’s iTurmeric FinCloud empowers banks to prioritise their operating models and focus on innovation to offer their customers a gamut of tailored-made products.

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).