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Intellect Design Arena is currently trading at Rs. 940.20, up by 46.40 points or 5.19% from its previous closing of Rs. 893.80 on the BSE.

The scrip opened at Rs. 905.15 and has touched a high and low of Rs. 956.00 and Rs. 899.75 respectively. So far 44162 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1058.10 on 09-Feb-2024 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. 956.00 and Rs. 885.55 respectively. The current market cap of the company is Rs. 12931.36 crore.

The promoters holding in the company stood at 30.38%, while Institutions and Non-Institutions held 28.94% and 40.68% respectively.

Intellect Design Arena has launched its ‘First Principles’ Technology suite, eMACH.ai, for Technology-suave Bankers in the Middle East and Africa. This suite of First Principles Technology keeps a bank’s customer in focus, be it Retail, HNI, SME, or Corporate, the events in their financial journey, or events created by bank operations or events generated by regulators and compliance. Financial institutions orchestrate their offerings based on these events to ensure customer satisfaction and regulatory compliance. This orchestration is done using a well-defined set of self-sufficient services referred to as Microservices in the tech community.

To provide complete services from approval to credit decisioning to risk compliance to regulatory reporting, corporate banking ecosystems like liquidity, payments, cash management, virtual accounts, SME lending, Corporate DDA and trade & supply chain finance, these Microservices must collaborate with other services. According to the tech fraternity, the agreed protocol of defined agreement with other services is called API - Application Programming Interface. These Events, Microservices and APIs deployed on a native Cloud environment, deliver a seamless experience, either through the feature-built UI/UX or Headless, where financial institutions can create their UI/UX based on their unique requirements. With embedded AI for operational efficiency and smart decisioning, eMACH.ai is the most comprehensive ‘First Principles’ Technology addressing the current and future needs of any Financial institution.

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.