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Dev Information Technology Ltd Share Price

(DEVIT)

₹149.920.77%

as on 01:45PM, 31 Jan 2025

Overview
News
Financials
Q3 FY24-25 Results
Technicals

Dev Information Technology Ltd Performance

  • Day's Low

    Day's High

    ₹148.3
    Day's Price Range
    ₹150.99
  • 52 Week's Low

    52 Week's High

    ₹94
    52-Week Price Range
    ₹191
1 Month Return-9.77 %
3 Month Return+ 4.05 %
1 Year Return-6.38 %
Previous Close₹148.77
Open₹149.60
Volume1.23L
Upper Circuit-
Lower Circuit-
Market Cap₹335.24Cr

Dev Information Technology Ltd Key Statistics

P/E Ratio18.76
PEG Ratio6.95
Market Cap₹335.24 Cr
P/B Ratio4.09
EPS4.21
Dividend Yield0.25
SectorIT - Software
ROE17.86

Dev Information Technology Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹335.24 Cr137.51%0.59₹9 Cr₹163 Cr
NA₹118.95 Cr-8.57%0.97NANA
NA₹34.43 Cr1.82%0.52NANA
NA₹229.37 Cr65.52%0.80NANA
NA₹406.02 Cr7.02%0.77-₹2 Cr₹54 Cr

About Dev Information Technology Ltd

Dev Information Technology Limited was originally incorporated in Gujarat as Dev Information Technology Private Limited on December 23 1997 under the provisions of the companies Act 1956 with the Registrar of Companies. Further pursuant to special resolution passed by the shareholders at the extraordinary general meeting held on February 6 2017 the company was converted into a Public Limited Company and consequently name of the company was changed to Dev Information Technology Limited and a fresh certificate of incorporation dated February 17 2017 pursuant to the change of name issued by Registrar of Companies.The company is engaged in the business of providing a range of Information Technology Industry IT solutions. The company also provides various information technologies and consultancy services including enterprise solutions egovernance solutions ERP and CRM Implementation ITinfrastructure services website development web hosting solutions and licensing solutions. The company is also into the custom software development with welldefined process to support the customers and partners in webportal web and mobile applications responsive websites their SEO and social Media Marketing as well as Microsoft Dynamics ERP and CRM. The company also provides endtoend IT services with strong managed IT team to monitor and manage the customers severs and infrastructure 247.The company has also completed an egovernance project in Guyana South America as well as served many overseas and local private sector enterprise projects.The company is also associated with National and State level industry bodies like NASCOM and GESIA as a member..

Share Price: ₹149.92 per share as on 31 Jan, 2025 01:45 PM
Market Capitalisation: ₹335.24Cr as of today
Revenue: ₹35.94Cr as on September 2024 (Q3 24)
Net Profit: ₹8.11Cr as on September 2024 (Q3 24)
Listing date: 17 Apr, 2017
Chairperson Name: Pranav Niranjanbhai Pandya
OrganisationDev Information Technology Ltd
HeadquartersAhmedabad
IndustryIT - Software
E-voting on sharesClick here to vote

Key events for Dev Information Technology Ltd

  • Dev IT Stock Poised for Short-Term Breakout - 23 Jan, 2025

    Dev Information Technology shares opened at ₹176, up 3.5%. The stock has risen significantly since March 2024 lows and is nearing a breakout at ₹177. Analysts recommend holding for a target of ₹220 with a stop loss at ₹160.
  • DEV IT Secures Major Project, Shares Surge - 21 Jan, 2025

    DEV Information Technology Limited's shares increased by 3% following the announcement of a ₹1.23 crore project with Gujarat Metro Rail Corporation, enhancing its IT infrastructure.
  • Dev Information Technology Reaches All-Time High - 05 Jan, 2025

    On January 5, 2025, Dev Information Technology hit an all-time high of Rs. 191, gaining 16.11% in a single trading session. The stock outperformed its sector by 13.38% and delivered a 16.32% return over the past year, exceeding the Sensex's 11.02% performance. The stock is trading above all key moving averages, indicating strong upward momentum.
  • Dev Information Technology Hits All-Time High - 03 Jan, 2025

    On January 3, 2025, Dev Information Technology reached an all-time high, gaining 11.85% with an intraday high of Rs 184. The stock is 0.71% shy of its 52-week high and has outperformed its sector by 12.99%. Over the past year, it has delivered a solid return of 16.32%, showcasing strong market performance and resilience in the competitive IT software sector.
  • Dev Information Technology Hits All-Time High - 28 Dec, 2024

    On December 28, 2024, Dev Information Technology reached an all-time high of Rs. 185.3, reflecting a 7.01% growth over the past year. The stock opened with a 2.36% gain and traded above key moving averages, indicating a strong upward trend despite some intraday volatility.

Insights on Dev Information Technology Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 1.45% to 1.49% in Dec 2024 quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 29.82% to 31.89% in Dec 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 35.73 Cr → 48.24 Cr (in ₹), with an average increase of 25.9% per quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 3.53 Cr → 8.39 Cr (in ₹), with an average increase of 57.9% per quarter

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, DEVIT has outperformed top 5 stocks with highest market-cap in IT Services & Consulting

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Wipro Ltd has given 29.3% return, outperforming this stock by 35.6%

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 68.73% to 66.63% in Dec 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, DEVIT stock has moved down by -5.9%

Dev Information Technology Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹27.95Cr (-)₹31.74Cr (↑13.56%)₹43.44Cr (↑36.86%)₹35.46Cr (↓18.37%)₹35.94Cr (↑1.35%)
Net Income₹1.65Cr (-)₹1.71Cr (↑3.64%)₹4.28Cr (↑150.29%)₹3.72Cr (↓13.08%)₹8.11Cr (↑118.01%)
Net Profit Margin5.90% (-)5.39% (↓8.64%)9.85% (↑82.75%)10.49% (↑6.50%)22.57% (↑115.16%)
Value in ₹ crore
Details2021202220232024
Total Assets₹62.29Cr (-)₹67.27Cr (↑7.99%)₹68.11Cr (↑1.25%)₹88.95Cr (↑30.60%)
Total Liabilities₹29.99Cr (-)₹33.31Cr (↑11.07%)₹25.69Cr (↓22.88%)₹33.15Cr (↑29.04%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹7.60Cr (-)₹5.47Cr (↓28.03%)₹4.67Cr (↓14.63%)-₹0.94Cr (↓120.13%)-₹0.81Cr (↓13.83%)

Dev Information Technology Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
66.63%
-3.06
Foreign Institutions
1.49%
2.88
Mutual Funds
0%
0.00
Retail Investors
31.89%
6.91
Others
0%
0.00

Dev Information Technology Ltd Key Indicators

Details20202021202220232024
Return On Equity %6.32-1.575.822.8317.86
Details20202021202220232024
Return On Assets %6.35-0.510.1913.1710.44
Details20202021202220232024
Book Value Per Share (₹)15.0714.8914.8518.7824.66
Details20202021202220232024
Earning Per Share (₹)1.72-0.17-0.034.084.21

Dev Information Technology Ltd Valuation

Dev Information Technology Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-1309.50x)

April 28, 2022

Today (18.76x)

January 30, 2025

Industry (38.83x)

January 30, 2025

Highest (1499.64x)

October 18, 2021

LowHigh

Dev Information Technology Ltd Earnings and Dividends

  • Dev Information Technology Ltd Earnings Results

    Dev Information Technology Ltd’s net profit jumped 411.59% since last year same period to ₹8.39Cr in the Q2 2024-2025. On a quarterly growth basis, Dev Information Technology Ltd has generated 137.68% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Dev Information Technology Ltd Dividends November,2024

    In the quarter ending September 2024, Dev Information Technology Ltd has declared dividend of ₹0.25 - translating a dividend yield of 0.34%.

    Read More about Dividends

Dev Information Technology Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Dev Information Technology Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Dev Information Technology Ltd

What is Dev Information Technology Ltd price today?

Dev Information Technology Ltd share price today stands at ₹149.92, Open: ₹149.6, Previous Close: ₹148.77, High: ₹150.99, Low: ₹148.3, 52 Week High: ₹191, 52 Week Low: ₹94.

How to Buy Dev Information Technology Ltd Share in India?

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Is Dev Information Technology Ltd listed on NSE?

Dev Information Technology Ltd is listed on NSE

Is Dev Information Technology Ltd listed on BSE?

Dev Information Technology Ltd is listed on BSE

What are today's High and Low prices of Dev Information Technology Ltd?

  • Today's highest price of Dev Information Technology Ltd is ₹150.99.
  • Today's lowest price of Dev Information Technology Ltd is ₹148.3.

What are today's traded volumes of Dev Information Technology Ltd?

Today's traded volume of Dev Information Technology Ltd(DEVIT) is 1.23L.

What is today's market capitalisation of Dev Information Technology Ltd?

Today's market capitalisation of Dev Information Technology Ltd(DEVIT) is ₹335.24Cr.

What is the 52 Week High and Low Range of Dev Information Technology Ltd?

Dev Information Technology Ltd (DEVIT)
Price
52 Week High
₹191
52 Week Low
₹94

How much percentage Dev Information Technology Ltd is down from its 52 Week High?

Dev Information Technology Ltd (DEVIT) share price is ₹149.92. It is down -21.51% from its 52 Week High price of ₹191

How much percentage Dev Information Technology Ltd is up from its 52 Week low?

Dev Information Technology Ltd (DEVIT) share price is ₹149.92. It is up 59.49% from its 52 Week Low price of ₹94

What are the historical returns of Dev Information Technology Ltd?

Dev Information Technology Ltd (DEVIT)
Returns
1 Day Returns
1.15%
1 Month Returns
-9.77%
3 Month Returns
4.05%
1 Year Returns
-6.38%

What is the PE ratio of Dev Information Technology Ltd today?

PE Ratio of Dev Information Technology Ltd is 18.76

PE ratio = Dev Information Technology Ltd Market price per share / Dev Information Technology Ltd Earnings per share