Intellect Design Arena is currently trading at Rs. 1105.60, up by 37.45 points or 3.51% from its previous closing of Rs. 1068.15 on the BSE.
The scrip opened at Rs. 1070.05 and has touched a high and low of Rs. 1118.00 and Rs. 1070.05 respectively. So far 32808 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1198.80 on 15-Mar-2024 and a 52 week low of Rs. 572.40 on 27-Jul-2023.
Last one week high and low of the scrip stood at Rs. 1118.00 and Rs. 1025.35 respectively. The current market cap of the company is Rs. 15047.57 crore.
The promoters holding in the company stood at 30.35%, while Institutions and Non-Institutions held 31.64% and 38.01% respectively.
Intellect Design Arena has entered into partnership with Vancity, Canada's largest community credit union. This seven-year deal will see Vancity harnessing the company’s Digital Engagement Platform (DEP) for Retail & SME digital experience alongside Contextual Banking Experience (CBX) for Commercial digital experience.
With over 570,000 members and $35.5 billion in assets under administration, Vancity is set to redefine the digital landscape for its Retail, SME and Commercial members through this collaboration. The transformation will span engagement across Onboarding, Account Services (Current & Savings Accounts), Payments & Transfers, Cards, Digital Lending and Back Office. The deployment of DEP and CBX will be facilitated on a fully managed cloud platform, highlighting a strategic move towards scalable and secure digital member experiences.
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.
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