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 launching CALM 20

Date: 28-05-2020

Intellect Design Arena is currently trading at Rs. 68.35, up by 0.30 points or 0.44% from its previous closing of Rs. 68.05 on the BSE.

The scrip opened at Rs. 68.55 and has touched a high and low of Rs. 69.00 and Rs. 67.70 respectively. So far 2027 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 292.00 on 16-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. 69.00 and Rs. 62.40 respectively. The current market cap of the company is Rs. 907.35 crore.

The promoters holding in the company stood at 31.38%, while Institutions and Non-Institutions held 26.32% and 42.30% respectively.

Intellect Design Arena has launched CALM 20 (Contextual ALM 2020), a contextual ALM platform that enables financial institutions to have a holistic view of balance sheet, monitor and manage liquidity risk and interest rate risk, perform stress testing and ensures regulatory compliance through liquidity monitoring tools.

Asset Liability Management (ALM) plays a critical role in weaving together the different business lines in a financial institution. Managing liquidity and balance sheet are crucial for the existence of a financial institution and sustenance of its operations.

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.