Dev Information Technology shines on securing order from Gujarat State Fertilizers & Chemicals
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Dev Information Technology is currently trading at Rs. 121.15, up by 2.85 points or 2.14% from its previous closing of Rs. 118.30 on the BSE.
The scrip opened at Rs. 116.00 and has touched a high and low of Rs. 121.15 and Rs. 116.00 respectively. So far 41 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. 125.70 and Rs. 116.00 respectively. The current market cap of the company is Rs. 266.07 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 Gujarat State Fertilizers & Chemicals, an undertaking of Gujarat Government worth approximately Rs 97 lakh towards Managed IT Services of entire Network Operating Centre (NOC) of GSFC, this shall provide a systematic approach to manage & maintain the entire email solution for a Smoother, fail-safe functioning of email facility at GSFC and provide a systematic approach to manage & maintain Active Directory Solution for smoother and failsafe functioning AD and RODC servers at GSFC. The said order is expected to be completed in around 5 years.
Dev Information Technology is mainly engaged in business of automation software development.
