Latest news with #IntellectDesignArena
Business Upturn
30-07-2025
- Business
- Business Upturn
Top stocks to watch on July 30: NTPC, JSW Steel, HCL Tech, Asian Paints, Nestle India, Cyient, Muthoot Microfin and more in focus
By Arunika Jain Published on July 30, 2025, 07:38 IST Indian equities are expected to open with a positive bias on Tuesday, July 30, amid a flurry of earnings announcements, regulatory updates, and corporate actions. A wide range of companies are in focus following Q1FY26 results, joint ventures, capacity expansion, and M&A moves. Here's a look at the key stocks likely to move today: Cyient has incorporated a new unit — Cyient Semiconductors — in Singapore, signaling a strategic international expansion in semiconductor design and solutions. Intellect Design Arena launched its AI-based platform for banks in South Africa, potentially opening up a new revenue stream from fintech exports. Muthoot Microfin announced its expansion into Northeast India, beginning operations in Assam as part of its financial inclusion drive. MRC Agrotech said its Agronica Seeds unit has produced 447 metric tons of premium wheat seeds, enhancing its position in agri-input markets. GAIL (India) Ltd is in focus after entering into a joint venture with Rajasthan Rajya Vidyut Utpadan Nigam. This follows recent brokerage optimism and developments around transmission tariff hikes. TARC Ltd secured a registration certificate for its high-end residential project 'TARC Trigun' in Chattarpur, New Delhi — a key step toward project execution. HCL Technologies has partnered with Pearson to develop AI-driven learning products, aimed at reducing global skill gaps. Fermenta Biotech received a suitability certificate from the European Directorate for its spray-dried vitamin D3 variant, opening up growth opportunities in international markets. Asian Paints reaffirmed its operating margin guidance of 18–20%, giving confidence to investors about steady profitability. Defence stocks may stay active after Prime Minister Modi reiterated the government's increased focus on procurement and indigenous production. JSW Steel may see relief buying as the Supreme Court agreed to hear its review petition related to the scrapped resolution plan. IOC gained PNGRB approval to develop a City Gas Distribution network in Andaman & Nicobar Islands. Among earnings movers: NTPC reported a Q1 net profit of ₹4,774 crore, below Street estimates of ₹4,912 crore. Revenue came in at ₹42,572 crore versus the forecast of ₹45,441 crore. L&T reported a net profit of ₹3,617 crore (YoY growth from ₹2,786 crore), with revenue rising 15% YoY to ₹63,678 crore. Piramal Enterprises posted strong YoY growth in Q1 PAT at ₹276 crore vs ₹181 crore; revenue grew to ₹2,642 crore. Welspun Corp saw its net profit jump to ₹349.16 crore from ₹247.94 crore YoY, with revenue at ₹3,551.49 crore. Jagran Prakashan, ASK Automotive, J. Kumar Infraprojects, and International Gemmological Institute also posted strong quarterly results. Meanwhile, Nestle India set August 8 as the record date for its 1:1 bonus issue. Among dividend stocks going ex-date today are Aurionpro Solutions, BASF India, Cravatex, EIH Ltd, Hawkins Cookers, JB Chemicals, and VRL Logistics. Those going ex-date tomorrow include BPCL, Godrej Agrovet, Coforge, and Usha Martin, among others. Also in regulatory focus, IND-Swift Laboratories announced the approval of its amalgamation with IND-Swift, and Polychem disclosed a ₹29 crore property sale by its subsidiary. Disclaimer: The above article is for informational purposes only and is based on publicly available information, company announcements, and brokerage reports. It does not constitute investment advice or a recommendation. Readers are advised to consult their financial advisors and conduct their own due diligence before making any investment decisions. Ahmedabad Plane Crash Arunika Jain, a graduate in Mass Communication, brings a fresh perspective to the world of journalism. Arunika has a passion for writing finance and corporate news at You can write to her at [email protected]
Business Standard
25-07-2025
- Business
- Business Standard
Intellect Design Arena consolidated net profit rises 26.90% in the June 2025 quarter
Sales rise 15.73% to Rs 701.69 croreNet profit of Intellect Design Arena rose 26.90% to Rs 94.49 crore in the quarter ended June 2025 as against Rs 74.46 crore during the previous quarter ended June 2024. Sales rose 15.73% to Rs 701.69 crore in the quarter ended June 2025 as against Rs 606.34 crore during the previous quarter ended June EndedJun. 2025Jun. 2024% 16 OPM %20.2519.64 -PBDT173.38134.61 29 PBT125.2498.08 28 NP94.4974.46 27 Powered by Capital Market - Live News
Business Upturn
25-07-2025
- Business
- Business Upturn
Intellect Design shares fall over 4% following Q1 reuslts
By Aditya Bhagchandani Published on July 25, 2025, 13:16 IST Shares of Intellect Design Arena declined over 4% to Rs 1,092.60 in Wednesday's trading session, reacting to the company's Q1 FY26 earnings announcement. The stock fell from a previous close of Rs 1,142.00, even though the company reported a healthy growth in both net profit and revenue. Intellect Design reported its #Q1Results with net profit rising 27% year-on-year to Rs 94.4 crore from Rs 74.4 crore. Revenue for the quarter stood at Rs 702 crore, up 16% from Rs 606 crore in the year-ago period. The company's EBITDA increased by 18% YoY to Rs 143 crore from Rs 121 crore, while the EBITDA margin expanded slightly to 20.4% from 20% last year. Despite the strong financial performance, the stock saw selling pressure possibly due to profit booking or market expectations being priced in. The stock traded in the day's range of Rs 1,062 to Rs 1,150.70 and currently holds a market cap of Rs 15,123 crore. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Business Upturn
25-07-2025
- Business
- Business Upturn
Intellect Design Arena Q1 Results: Revenue up 16% to Rs 702 crore, Net profit rises 27% YoY
Intellect Design Arena reported a strong performance in its Q1 FY26 results, with a significant rise in net profit and revenue compared to the same period last year. The company posted a net profit of Rs 94.4 crore, marking a 27% year-on-year increase from Rs 74.4 crore in Q1 FY25. Revenue for the quarter stood at Rs 702 crore, up 16% from Rs 606 crore in the year-ago period. The company's EBITDA also witnessed an 18% growth, coming in at Rs 143 crore as against Rs 121 crore in Q1 FY25. The operating margin for the quarter improved slightly to 20.4%, compared to 20% in the same quarter last year, reflecting better cost efficiency and operational performance. The company's strong Q1 performance highlights its continued focus on expanding its revenue streams and maintaining profitability amid a challenging macroeconomic environment. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Business Upturn
24-07-2025
- Business
- Business Upturn
Intellect Design Arena expands partnership with Tier-1 Canadian Bank for US operations modernisation
By Aman Shukla Published on July 24, 2025, 16:52 IST Intellect Design Arena Ltd, a leading global provider of enterprise-grade financial technology, has strengthened its strategic relationship with a Tier-1 Canadian multinational bank. The bank has chosen Intellect's cutting-edge Payments and Cash Management platform to power its Corporate & Investment Banking operations in the United States. This development builds on the bank's earlier adoption of Core Banking and marks a significant step forward in its digital transformation journey. With this extension, Intellect reaffirms its growing presence in North America's high-value payments modernisation initiatives. Built on a composable 9-layer architecture, Payments and Cash Management empowers financial institutions to handle high-volume transactions at speed, simplify bulk payment processing, and enable fail-safe real-time payments. The platform is also engineered to reduce operational costs while improving onboarding and service delivery across client segments. Key capabilities of Payments and Cash Management: Real-time, fail-safe payment processing with intelligent monitoring Support for ACH, FedWire, and other payment products Simplified bulk file handling for large transaction volumes Accelerated client onboarding for diverse banking segments Optimised cost efficiency in operations This milestone further cements Intellect Design Arena's reputation as a trusted fintech partner for global banks, highlighting its role in delivering AI-powered, scalable financial platforms for the digital-first era. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
