This stock rallied 1,300% in 12 months; should you subscribe?
Shares of Intellect Design Arena has rallied 31 per cent over the last five sessions and 1,322 per cent in one year from its 52-week low of Rs 44, touched on March 25
Chitranjan Kumar | March 16, 2021 | Updated 16:34 IST
Intellect Design Arena share price surged 20% on Tuesday
Shares of Intellect Design Arena rallied 20 per cent in intraday trade to hit 52-week high of Rs 626 on Bombay Stock Exchange on Tuesday, in an otherwise lackluster market, on strong volume. The stock of Chennai-headquartered financial technology company has rallied 31 per cent over the last five sessions and 1,322 per cent in one year from its 52-week low of Rs 44, touched on March 25.
Intellect Global Transaction Banking (iGTB), the transaction banking specialist from Intellect Design Arena Limited, ranked first in the world for Transaction Banking by IBS Intelligence, has announced that Hanoi-headquartered Vietcombank has now deployed iGTB’s next-generation Digital Transaction Banking Enterprise Suite (DTB). This Enterprise Suite delivers superior channel experience to grow the bank’s corporate customer base, create customer stickiness with the ability to quickly respond to customer changes, in-built configurable product setup for faster responsiveness as the market evolves. It also helps reduce Vietcombank’s operational expenses and provides a seamless user experience with the ability to improve productivity and lower the TCO.