Shares of Intellect Design Arena rallied 13% on Monday, December 23, reaching an intraday high of ₹925.55, as investors cheered the company’s newly launched Enterprise AI platform, Purple Fabric. The surge comes on the heels of a detailed presentation on December 19, where the company introduced the platform designed to revolutionize operations in the financial and insurance sectors. Purple Fabric stands out for its ‘Multi-Agent’ AI system, which aims to streamline enterprise processes like claims settlement and tackle the growing data complexity in financial services. Built on Large Language Models (LLMs), the platform promises intuitive data integration and classification, empowering organizations to deliver seamless customer experiences without requiring deep technical expertise. The stock, now 23% shy of its 52-week high of ₹1,198.80 from March 2024, has rebounded impressively, up 33% from its November low of ₹693.05. December alone has seen a sharp 28% climb, marking a turnaround after three consecutive months of losses.