Dev Information Technology shines on bagging order from Gujarat State Fertilizers & Chemicals
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Dev Information Technology is currently trading at Rs. 126.80, up by 2.00 points or 1.60% from its previous closing of Rs. 124.80 on the BSE.
The scrip opened at Rs. 126.95 and has touched a high and low of Rs. 128.10 and Rs. 126.80 respectively. So far 239 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. 129.85 and Rs. 116.00 respectively. The current market cap of the company is Rs. 280.69 crore.
The promoters holding in the company stood at 70.20%, while Non-Institutions held 29.80% stake in the company.
Dev Information Technology (DEV IT) has secured order from Gujarat State Fertilizers & Chemicals (GSFC), a key undertaking of the Gujarat Government. The Rs 97 lakh order represents a major milestone in its ongoing mission to deliver technology solutions across diverse sectors. Securing this contract from a government entity not only strengthens its portfolio but also opens the door to further government partnerships in the future.
This prestigious order entails DEV IT providing comprehensive Managed IT Services for GSFC’s entire Network Operating Centre. Specifically, the company will implement a systematic and strong approach to manage and maintain GSFC’s email solution, ensuring seamless, fail-safe operation of critical communication infrastructure. Furthermore, the company will be responsible for the management and maintenance of Active Directory and Read-Only Domain Controller servers at GSFC, reinforcing the reliability and security of the organization's IT environment.
Dev Information Technology is mainly engaged in business of automation software development.
