Introduction
Leading IT services firm has secured a ₹1.06 crore contract from a government entity in Rajasthan to enhance web portals and mobile applications, improving responsiveness and digital platform performance over a twelve-month period.
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Share price movement of Dev IT
On August 29, 2025, Dev Information Technology Ltd opened at ₹47.90, down 0.22% from its previous close of ₹45.25. The stock reached a high of ₹47.90 and a low of ₹44.75. By 1:30 PM, it traded at ₹45.15, with a market cap of ₹254.35 crore.
Dev IT Secures ₹1.06 Crore RajCOMP Order
Dev Information Technology Ltd. (DEVIT) has received a work order from RajCOMP Info Services Ltd., a Government of Rajasthan entity, for a project titled “Portal Websites” involving IT/ITeS and software development services.
The project scope includes enhancement of integrated web portals and applications to improve responsiveness and mobile compatibility. Development will use Adobe Experience Manager along with associated mobile application components. The contract value is approximately ₹1.06 crore, with a planned execution timeline of 12 months.
DEVIT currently holds active government work orders valued at around ₹50 crore. The contract is fixed-cost, awarded by a domestic state entity, with no involvement of promoters or related party transactions.
Stock performance of Dev IT for Period of 1 week, 6 months, and 1 year
Dev Information Technology Ltd delivered a 0.34% return over the past week, declined 3.79% in the past six months, and fell 17.4% over the past year.
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Shareholding pattern of Dev IT
| Particulars | Jun 2025 | Mar 2025 | Dec 2024 |
| Promoter | 66.60% | 66.60% | 66.60% |
| FII | 0% | 1% | 2% |
| DII | 0% | 0% | 0% |
| Public | 33.00% | 32.90% | 31.90% |
About Dev IT
Dev Information Technology Ltd (NSE: DEVIT), incorporated in 1997, provides IT-enabled services and technology solutions, delivering digital transformation through cloud, automation, and data technologies to enhance business processes and efficiency for clients.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
FAQs
Q: Why is Dev Information Technology Ltd share price going up today?
A: Dev Information Technology Ltd shares rose after receiving a work order from RajCOMP Info Services Ltd. for the “Portal Websites” project.
Q: What does Dev Information Technology Ltd specialize in?
A: Dev Information Technology Ltd specializes in providing IT-enabled services and technology solutions, delivering digital transformation through cloud, automation, and data technologies.
Q: How much stake do promoters hold in Dev Information Technology Ltd stock?
A: Promoters hold 66.60% stake in Dev Information Technology Ltd, giving them significant control over company decisions and operations.


