Dev Information Technology rises on securing work order from RajCOMP Info Services
Dev Information Technology is currently trading at Rs. 45.70, up by 0.45 points or 0.99% from its previous closing of Rs. 45.25 on the BSE.
The scrip opened at Rs. 47.90 and has touched a high and low of Rs. 47.90 and Rs. 44.75 respectively. So far 20374 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 76.40 on 03-Jan-2025 and a 52 week low of Rs. 35.26 on 09-May-2025.
Last one week high and low of the scrip stood at Rs. 48.00 and Rs. 38.00 respectively. The current market cap of the company is Rs. 258.66 crore.
The promoters holding in the company stood at 66.63%, while Institutions and Non-Institutions held 0.33% and 33.04% respectively.
Dev Information Technology (DEVIT) has secured a significant work order from RajCOMP Info Services, a Government of Rajasthan undertaking. The project, titled ‘Portal Websites’, involves the delivery of comprehensive IT/ITeS and software development services. The scope of work includes enhancement of integrated web portals and applications to ensure improved responsiveness and mobile compatibility across Government digital platforms. Key deliverables include development using the Adobe Experience Manager platform along with associated mobile application components.
The total contract value is approximately Rs 1.06 crore, with a projected timeline of 12 months approximately for completion. As of the date of this communication, the company holds active work orders valued at Rs 50 crore approximately from various Government entities across India.
Dev Information Technology (DEV IT) has grown into a global IT services provider empowering businesses with the right blend of information technology, innovation, and digital transformation.
