Intellect jumps on bagging destiny deal from National Bank of Umm Al Qaiwain
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Intellect Design Arena is currently trading at Rs. 704.35, up by 11.80 points or 1.70% from its previous closing of Rs. 692.55 on the BSE.
The scrip opened at Rs. 695.05 and has touched a high and low of Rs. 709.90 and Rs. 692.55 respectively. So far 47347 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 715.35 on 04-Aug-2023 and a 52 week low of Rs. 388.00 on 16-Mar-2023.
Last one week high and low of the scrip stood at Rs. 715.35 and Rs. 651.65 respectively. The current market cap of the company is Rs. 9561.59 crore.
The promoters holding in the company stood at 30.50%, while Institutions and Non-Institutions held 27.94% and 41.55% respectively.
National Bank of Umm Al Qaiwain (NBQ) has selected Intellect Digital Engagement Platform (iDEP), a digital experience banking platform by Intellect Global Consumer Banking (iGCB) for its retail, SME and corporate clients. NBQ is a public shareholding company incorporated in Umm Al Qaiwain. iGCB is the Retail and Central Banking Solutions arm of Intellect Design Arena.
iDEP is a comprehensive platform built on eMACH.ai architecture that helps banks and financial service providers deliver seamless and personalised experiences to their customers and bank employees across all channels. This microservices based platform with API-first design, supporting Open Banking standards consists of various domain services which are pre-configured with business rules, APIs and process flows.
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.
