Dev Information Technology is trading at RS 131.55, rising by 6.05 points or 4.82% from its previous close of RS 125.50 on the BSE.
The stock opened at RS 123.00 and touched a high of RS 134.85 and a low of RS 123.00. A total of 17,452 shares have been traded so far.
The BSE group 'B' stock, with a face value of RS 5, recorded a 52-week high of RS 191.00 on January 3, 2025, and a 52-week low of RS 94.10 on March 14, 2024. Over the past week, the stock ranged between RS 134.85 and RS 118.05. The company’s current market capitalization stands at RS 296.52 crore.
Promoters hold 66.63% of the company, while institutional investors and non-institutions hold 1.49% and 31.89%, respectively.
In a significant development, Dev Information Technology (DEVIT) has secured a key order from the Rajya Sabha Secretariat for designing, developing, implementing, and maintaining application software and a website. The project, valued at approximately RS 1.4 crore, is expected to be completed within a year.
Dev Information Technology (DEV IT) continues to expand as a global IT services provider, driving digital transformation with cutting-edge technology and innovation.