11-10-2024 04:39 PM | Source: Accord Fintech
Dev Information Technology rises on securing order worth Rs 12 lakh

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Dev Information Technology is currently trading at Rs. 153.65, up by 2.00 points or 1.32% from its previous closing of Rs. 151.65 on the BSE.

The scrip opened at Rs. 151.15 and has touched a high and low of Rs. 157.00 and Rs. 149.45 respectively. So far 33399 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 174.10 on 20-Dec-2023 and a 52 week low of Rs. 94.10 on 14-Mar-2024.

Last one week high and low of the scrip stood at Rs. 163.90 and Rs. 147.25 respectively. The current market cap of the company is Rs. 344.68 crore.

The promoters holding in the company stood at 70.20%, while Non-Institutions held 29.80% stake in the company.

Dev Information Technology (DEVIT) has secured a noteworthy order from ‘Ports and Transport Department Gujarat for Setup Configuration, Integration and Migration of users to latest technology adoption with Managed Support Service of 1 year for Gujarat Maritime Board Gandhinagar’.

This project will enable the Gujarat Maritime Board to streamline the existing functions and work towards providing more regulated and well-planned services to facilitate and excel in developing multi-purpose port and logistic facilities and shipping related industry via its competent services and timely infrastructure development. Broad consideration or size of the order is approximately Rs 12 lakh.

Dev Information Technology is mainly engaged in business of automation software development.