Intellect Design Arena surges on signing digital transformation programme with bank in Philippines
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Intellect Design Arena is currently trading at Rs. 682.55, up by 6.50 points or 0.96% from its previous closing of Rs. 676.05 on the BSE.
The scrip opened at Rs. 680.00 and has touched a high and low of Rs. 690.75 and Rs. 678.25 respectively. So far 8638 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 746.90 on 05-Sep-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. 708.00 and Rs. 670.85 respectively. The current market cap of the company is Rs. 9229.35 crore.
The promoters holding in the company stood at 30.50%, while Institutions and Non-Institutions held 27.94% and 41.55% respectively.
Intellect Design Arena has signed a digital transformation programme with a universal bank in the Philippines, a-one-of-its-kind and largest bank-wide transformation program in APAC, cutting across all lines of their businesses - Corporate, MSME & Retail Banking. At the heart of this transformation programme and its partnership with Intellect is the Bank’s aim to provide priority service and superior customer experience that resonates with its brand promise of exceptional banking.
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.
