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Multibagger IT stock zooms 10% on Q4 earnings, market cap nears Rs 7,000 cr

Intellect Design Arena share price: Buy Intellect Design Arena, target price Rs 845: ICICI Direct

Intellect Design Arena share price: Buy Intellect Design Arena, target price Rs 875: ICICI Direct

ICICI Direct has buy call on Intellect Design Arena with a target price of Rs 875. The current market price of Intellect Design Arena Ltd. is Rs 713.95. Intellect Design Arena Ltd., incorporated in the year 2011, is a Small Cap company (having a market cap of Rs 10064.16 Crore) operating in IT Software sector. Financials For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 400.38 Crore, up 3.61 % from last quarter Total Income of Rs 386.43 Crore and up 10.91 % from last year same quarter Total Income of Rs 361.01 Crore. Company reported net profit after tax of Rs 73.92 Crore in latest quarter.

This stock rallied 1,300% in 12 months; should you subscribe?

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.

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