Intellect Design Arena Ltd.

BSE: 538835 | NSE: INTELLECT
Small Cap | IT - Software
930.05
-12.85 (-1.36%)
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Intellect Design Arena rises on bagging deal from State Bank of India

Date: 07-12-2021

Intellect Design Arena is currently trading at Rs. 657.00, up by 9.60 points or 1.48% from its previous closing of Rs. 647.40 on the BSE.

The scrip opened at Rs. 648.00 and has touched a high and low of Rs. 661.80 and Rs. 646.65 respectively. So far 13750 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 892.00 on 26-Jul-2021 and a 52 week low of Rs. 279.45 on 22-Dec-2020.

Last one week high and low of the scrip stood at Rs. 664.50 and Rs. 617.30 respectively. The current market cap of the company is Rs. 8873.32 crore.

The promoters holding in the company stood at 30.96%, while Institutions and Non-Institutions held 29.16% and 39.88% respectively.

Intellect Design Arena has bagged deal from State Bank of India. State Bank of India, one of India's largest public sector banks, has chosen Intellect Wealth Qube - Digital Wealth Management suite for its digital wealth management transformation agenda.

The Wealth Management Business is the Bank’s top priority and its primary task is to offer the best products across categories from leading fund houses giving their customers the flexibility to invest, transact and view their portfolio through digital channels such as internet banking, mobile and remote relationship model and the Bank felt that Intellect’s Wealth Qube was the perfect fit.

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.