Intellect Design Arena Ltd.

NSE: INTELLECT | BSE: 538835 | ISIN: INE306R01017 | Industry: IT Software Products
| Expensive Star
1194.1000 23.40 (2.00%)
NSE Jun 04, 2025 15:59 PM
Volume: 554.8K
 

1194.10
2.00%
ICICI Securities Limited
Improving deal wins in IGCB, IGTB and iSEEC, increased penetration in the US & Europe market, digital-ready product portfolio, healthy pipeline, huge addressable & underpenetrated market and improved annuity revenues bode well for revenue growth. In addition, healthy margins prompt us to revise our EPS estimates upwards by ~10% and ~13% for FY22E & FY23E, respectively. This, coupled with improving cash flows, prompts us to upgrade the stock from HOLD to BUY with a revised target price of | 875 (6x...
Intellect Design Arena Ltd. has gained 84.40% in the last 3 Months
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