745.95
-0.78%
ICICI Securities Limited
The company registered healthy revenues in Q3FY21. Intellect also won six large deals in the quarter representing improving revenue visibility in coming quarters. In addition, the company has a healthy order backlog of | 1203 crore, a strong deal funnel (~| 4162 core) and a digital-ready product portfolio that provides confidence on improved revenue trajectory in coming years. This, coupled with penetration in the US market, traction in iGCB (retail banking focused software product) revenues, improving quality of revenues (licence + AMC as percentage of revenues has increased from...
Intellect Design Arena Ltd. is trading above its 50 day SMA of 709.3
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