Intellect Design Arena share price soars over 15% on strong Q1 results; here's why

Intellect Design Arena's share price surged over 15% after reporting strong Q1FY24 results. Total revenue increased by 19% YoY, while profit after tax jumped 36% YoY. The company closed 11 deals in Q1FY24, including agreements with Aspen and OTP Bank.

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