Intellect Design Arena hits 52-week high on strong Q4 results

Intellect Design Arena

Today's special stock: After the good results, Intellect Design Arena up by 11% faster

In the Monday business, Intellect Design Arena has a good turnaround. During the turnover, the company's share has risen by 11 percent. The share reached at a price of Rs 217, which is a new high of 52 weeks. The company has presented the results of the fourth quarter of financial year 2018, after which the shares have risen. At the end of the trading, the stock closed at a price of Rs 209, up 6.47 per cent.

Better company results

The fourth quarter is better for the intellate design Arena. On the quarterly basis, the financial year 2018 is up 27.7 percent in the fourth quarter in the company's revenue in the term of the dollar. At the same time, the revenue growth of the company has been 13.3 per cent in the term of the rupee. At the same time, the net profit of the company has doubled, which has increased to Rs 27.4 crore. In the last quarter, the company had a profit of Rs 13.5 crore.

Move on such a stock

Intake design, Arena's stock closed at a price of Rs 196.30 on Friday. On the same day, the stock opened at a price of Rs 204.80 on Monday. During the business, shares rose by 11 per cent to Rs 217.30, which is a new high of 52 weeks. The price of Rs 203 is being taken for stock. At the end of the trading, the stock closed at a price of Rs 209, up 6.47 per cent.

Learn About The Company

Intellect Design Arena Ltd. is Leading Company in Financial Technologies for Banking, Insurance and Other Financial Services. The Company has 200 Financial Institutions in 30 countries. The company's customer base is strong. The company has a better specialist, including more than 4000 solution architects.

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