Intellect Design Arena is currently trading at RS. 722.10, rising by 2.15 points or 0.30% from its previous closing of RS. 719.95 on the BSE.
The stock opened at RS. 728.85 and reached a high of RS. 735.20 and a low of RS. 709.00. So far, 17,238 shares have been traded on the counter.
The BSE group 'A' stock, with a face value of RS. 5, hit a 52-week high of RS. 1,198.80 on March 15, 2024, and a 52-week low of RS. 675.30 on February 18, 2025. The stock's one-week high and low were RS. 735.20 and RS. 675.30, respectively. The company’s current market capitalization stands at RS. 10,021.94 crore.
Promoter holding in the company is at 29.95%, while institutional and non-institutional investors hold 33.31% and 36.74%, respectively.
Meanwhile, IntellectAI, the Insurtech business unit of Intellect Design Arena, has entered into a multi-year agreement with a leading London-based insurance and reinsurance brokerage firm. Under this partnership, the brokerage firm will implement Intellect’s underwriting ecosystem, which includes Magic Submission and Xponent solutions, built on the proprietary Purple Fabric platform, to enhance and streamline its insurance policy placement process.
This strategic engagement highlights the rising demand for AI-powered solutions to improve underwriting efficiency, optimize market access, and enhance the end-to-end insurance policy placement process. By integrating IntellectAI’s advanced intelligence capabilities, the brokerage aims to eliminate manual inefficiencies and accelerate deal flow across global markets.
Through this collaboration, IntellectAI is leveraging AI, automation, and data intelligence to transform the underwriting process, ensuring seamless and efficient policy placements for complex facilities.
Intellect Design Arena, a global leader in digital financial technology, is the world’s first fintech company offering comprehensive solutions across banking and insurance sectors with its extensive suite of products.