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Dev Information Technology rises on bagging order worth Rs 5.33 crore

11 Aug 2026 Evaluate

Dev Information Technology is currently trading at Rs. 27.45, up by 0.45 points or 1.67% from its previous closing of Rs. 27.00 on the BSE.

The scrip opened at Rs. 26.60 and has touched a high and low of Rs. 27.94 and Rs. 26.53 respectively. So far 2447 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 50.80 on 21-Aug-2025 and a 52 week low of Rs. 22.36 on 02-Mar-2026.

Last one week high and low of the scrip stood at Rs. 28.00 and Rs. 26.42 respectively. The current market cap of the company is Rs. 154.72 crore.

The promoters holding in the company stood at 41.58%, while Institutions and Non-Institutions held 0.33% and 58.09% respectively.

Dev Information Technology (DEVIT) has secured an enterprise technology order from the ‘Settlement Commissioner and Director of Land Records,’ an Undertaking of the Revenue Department, Government of Gujarat worth approximately Rs 5.33 crore.  

The contract encompasses software enablement and infrastructure modernization services centered on Microsoft SQL Server 2025 Enterprise architectures. DEVIT will oversee the alignment of these core capabilities to support the department’s primary public-facing applications: iORA (Integrated Revenue and Office Record Application), e-Milkat, and Any RoR, at the Gujarat State Data Center (GSDC). The order is to be executed approximately in 1 month.

DEVIT’s value-added implementation layer is specifically designed to unlock high-availability processing, data redundancy for disaster recovery, enhanced database performance, and future-proof scalability. It is also supporting application enhancements, future scalability, improved performance, enhanced cybersecurity, high availability, business continuity, and ensures long-term OEM support.

Dev Information Technology has grown into a global IT services provider empowering businesses with the right blend of information technology, innovation, and digital transformation.

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