Intellect Design Arena trades higher for 6th day; stock hits record peak

In the past two months, the stock has zoomed 81 per cent as compared to a 3 per cent gain in the S&P BSE Sensex

Shares of Intellect Design Arena hit a new high of Rs 609.40, surging 17 per cent on the BSE, in the intra-day trade on Tuesday on the back of heavy volumes. Trading volumes on the counter jumped nine-fold today with a combined 3.4 million equity shares changing hands on the NSE and BSE till 01:14 pm.

The stock of the IT software products company was trading higher for the sixth trading days, surging 32 per cent during the period. Besides, in the past two months, the stock has zoomed 81 per cent as compared to a 3 per cent