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2026-05-19 12:21:16 pm | Source: Accord Fintech
Intellect Design Arena surges on partnering with AU Small Finance Bank
Intellect Design Arena surges on partnering with AU Small Finance Bank

Intellect Design Arena is currently trading at Rs. 712.50, up by 20.85 points or 3.01% from its previous closing of Rs. 691.65 on the BSE.

The scrip opened at Rs. 695.55 and has touched a high and low of Rs. 722.85 and Rs. 695.00 respectively. So far 37900 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1255.00 on 17-Jun-2025 and a 52 week low of Rs. 594.65 on 30-Mar-2026.

Last one week high and low of the scrip stood at Rs. 834.25 and Rs. 660.25 respectively. The current market cap of the company is Rs. 9,967.48 crore.

The promoters holding in the company stood at 29.73%, while Institutions and Non-Institutions held 32.67% and 37.60% respectively.

Intellect Design Arena has collaborated with AU Small Finance Bank (AU SFB), India’s largest Small Finance Bank and the first in over a decade to receive in-principle approval to transition into a Universal Bank. Under this collaboration, AU SFB is adopting the company’s Purple Fabric platform, the world’s first Open Business Impact AI platform. Further, the Bank aims to accelerate its journey towards becoming an AI-first bank and build a scalable, technology-led banking franchise powered by enterprise-wide intelligence.

This engagement marks a defining step in the adoption of enterprise AI in Indian banking, bringing together AU SFB’s AI-first ambition and the company’s AI-first banking capabilities to deliver enterprise-wide intelligence at scale. It also reflects the company’s commitment to leveraging First Principles Thinking and Design Thinking to reimagine enterprise AI and drive scalable, outcome-driven transformation.

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