Stock Report

Intense Technologies receives the 'Best Innovative Company of the year' award

Posted On : 2022-04-08 11:12:12( TIMEZONE : IST )

Intense Technologies Limited ("Intense Technologies") has been awarded the "Best Innovative Company of the year" by World Innovation Congress. The 'Excellence in Innovation Awards' honors the best in Technology, Innovators & Entrepreneurs. The award recognizes the contribution of companies, organizations, among others, where innovation is at the heart of corporate values. Intense Technologies was given this award post a rigorous nomination and evaluation process.

The award distinguishes the high impact, sustained innovation that successfully propelled Intense in new markets, exceeding customer expectations, while driving revenues and growth. Mr. Afaq Siddiqui, President, Global Alliances and Partnerships, Intense Technologies, received the award on behalf of Intense Technologies in an impressive ceremony held on 24% March 2022 in Mumbai, India.

Speaking at the 14 Edition of World Innovation Congress, Mr. Afaq said "This platform is a great place to exchange ideas and having won this award for Best Innovative company reiterates our focus on innovation. Dedicating significant resources to R&D we have continuously delivered innovative scalable solutions across leading banks, telecoms, insurance and the Government."

On this occasion, Mr. C.K. Shastri, Managing Director, Intense Technologies Limited said, "It's truly an honour for Intense Technologies to receive this award. Innovation is a new paradigm that is proving to be crucial to achieve sustainable development. As a products company we have always strived to build a Consumer-focused innovative culture to differentiate and deliver impact. With digital first strategy being our core focus we look forward to empowering enterprises through cutting-edge technologies such as low-code, AI and cloud."

Shares of Intense Technologies Limited was last trading in BSE at Rs. 87.70 as compared to the previous close of Rs. 88.05. The total number of shares traded during the day was 17734 in over 434 trades.

The stock hit an intraday high of Rs. 91.00 and intraday low of 87.50. The net turnover during the day was Rs. 1566439.00.