Intellect Design Arena Ltd.

Intellect Design Arena is currently trading at Rs. 442.70, up by 8.85 points or 2.04% from its previous closing of Rs. 433.85 on the BSE.

The scrip opened at Rs. 440.00 and has touched a high and low of Rs. 450.70 and Rs. 431.10 respectively. So far 58655 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 502.00 on 08-Feb-2021 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. 455.00 and Rs. 425.00 respectively. The current market cap of the company is Rs. 5976.37 crore.

The promoters holding in the company stood at 31.30%, while Institutions and Non-Institutions held 28.86% and 39.85% respectively.

Intellect Design Arena has confirmed that its recent WealthQube Win in Indonesia is for bank BRI. Intellect’s wealth platform, WealthQube, will underpin the Digital Transformation of Wealth Management at PT Bank Rakyat Indonesia (BRI).

Intellect Wealth Qube has been designed to deliver the 2020 Advantage- i.e., 20% increases in Relationship Manager (RM) productivity and 20% reduction in business operating costs year-on-year. By increasing the sales productivity and lowering the operating costs, Intellect allows financial institutions to serve a larger market size. It does so by fully empowering RM to service the customer at the convenience of the customer. An empowered RM is Intellect’s promise.

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.