Business Standard

Intellect Design Arena zooms 69% so far in March on healthy revenue outlook

Healthy traction in IGCB and iSEEC is expected to drive revenues going forward

global, economy, market, stocks, investments, investors, m-cap, growth, gdp
Premium

SI Reporter Mumbai
Shares of Intellect Design Arena surged 9 per cent to hit a new high of Rs 733.50 on the BSE in intra-day trade on Monday. The stock has rallied 69 per cent thus far in the month of March on expectations of a strong revenue outlook. In comparison, the S&P BSE Sensex has added 1.5 per cent during the same period.

At 09:52 am, the stock was quoting 2 per cent higher at Rs 688 as against a 0.06 per cent decline in the benchmark index. A combined around 750,000 equity shares had changed hands on the counter on the NSE

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 22 2021 | 9:56 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com