Dev Information Technology Adjusts Valuation Grade Amid Competitive IT Sector Landscape
2025-04-02 08:02:44Dev Information Technology, a microcap player in the IT software sector, has recently undergone a valuation adjustment, reflecting its financial metrics and market position. The company's price-to-earnings ratio stands at 14.79, while its price-to-book value is noted at 4.02. Additionally, the enterprise value to EBITDA ratio is recorded at 20.30, indicating a competitive stance in the market. The company has demonstrated a return on capital employed (ROCE) of 12.98% and a return on equity (ROE) of 27.11%, showcasing its efficiency in generating profits from its capital. With a PEG ratio of 0.14, Dev Information appears to be positioned favorably compared to its peers. In comparison, other companies in the sector exhibit varying valuation metrics. For instance, NINtec Systems is noted for its high PE ratio of 54.69, while Silver Touch and Blue Cloud Software present fair valuations with PE ratios of 43.8...
Read MoreDev Information Technology Ltd Experiences Mixed Sentiment Amid Significant Buying Activity
2025-03-26 09:35:31Dev Information Technology Ltd is currently witnessing significant buying activity, despite a recent decline of 1.61% today, contrasting with the Sensex's minor drop of 0.04%. Over the past week, the stock has shown a slight gain of 0.30%, while the Sensex surged by 3.36%. However, the stock's performance over the past month has been less favorable, with a decrease of 7.94%, compared to the Sensex's increase of 4.53%. In terms of longer-term performance, Dev Information Technology has experienced a notable decline of 32.51% over the last three months, while the Sensex has remained relatively stable with a decrease of only 0.62%. On a yearly basis, the stock has outperformed the Sensex, with a gain of 12.12% compared to the index's 7.61%. Year-to-date, however, the stock is down 28.32%, while the Sensex has seen a minimal decline of 0.20%. The stock opened with a gap up today, indicating initial buying en...
Read MoreDev Information Technology Faces Intense Selling Pressure Amid Continued Price Declines
2025-03-25 09:35:40Dev Information Technology Ltd is currently facing significant selling pressure, with the stock showing only sellers today. This trend marks a continuation of consecutive days of losses, raising concerns among market observers. Over the past month, the stock has declined by 6.78%, contrasting sharply with the Sensex, which has gained 4.97% during the same period. In the short term, Dev Information Technology's performance has been notably poor, with a 1.05% decline today compared to the Sensex's modest increase of 0.42%. Over the past week, the stock has lost 5.48%, while the Sensex has risen by 3.99%. The three-month performance reveals a steep decline of 26.10% for Dev Information Technology, while the Sensex has only dipped by 0.21%. Year-to-date, the stock has underperformed significantly, down 27.41%, compared to the Sensex's slight gain of 0.22%. The price summary indicates that while the stock is...
Read MoreDev Information Technology Shows Resilience Amid Market Volatility and Performance Disparities
2025-03-19 18:00:43Dev Information Technology Ltd, a microcap player in the IT software industry, has shown significant activity today, with its stock rising by 3.86%, outperforming the Sensex, which increased by only 0.20%. The company's market capitalization stands at Rs 262.00 crore, and it currently has a price-to-earnings (P/E) ratio of 15.01, notably lower than the industry average of 30.50. Over the past year, Dev Information Technology has delivered a performance of 12.38%, significantly surpassing the Sensex's 4.77% gain. However, the stock has faced challenges in the shorter term, with a year-to-date decline of 28.53%, compared to the Sensex's drop of 3.44%. In terms of technical indicators, the weekly MACD suggests a bearish trend, while the weekly Relative Strength Index (RSI) indicates bullish momentum. The stock's performance over three years has been robust, with an impressive increase of 82.87%, compared to...
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Dev Information Technology Reports Strong Q3 FY24-25 Growth Amid Stakeholder Concerns
2025-02-11 19:12:55Dev Information Technology, a microcap IT software firm, has recently seen an evaluation adjustment influenced by its financial metrics and market conditions. The company reported strong operating profit growth and high net sales, while maintaining a low Debt to EBITDA ratio. However, a decline in promoter confidence and underperformance against the broader market raise concerns about its long-term outlook.
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Dev Information Technology Reports Strong Half-Year Growth Amid Mixed Financial Indicators
2025-02-08 08:46:00Dev Information Technology has announced its financial results for the quarter ending December 2024, showing significant growth in Profit After Tax and net sales. However, the company faced challenges with a decline in Earnings per Share and a lower Debtors Turnover Ratio, indicating mixed performance overall.
Read MoreCompliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
07-Apr-2025 | Source : BSECertificate Under Regulation 74(5) of SEBI Depositories & Participants) Regulation 2018 for the Quarter ended on 31st March2025
Pursuant To Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations2015 We Wish To Inform That Dev Accelerator Limited Has Filed DRHP With SEBI On 31.03.2025.
01-Apr-2025 | Source : BSEPursuant to Regulation 30 of SEBI ( Listing Obligations and Disclosure Requirements) Regulations2015 we wish to inform that Dev Accelerator Limited has filed DRHP with SEBI on 31.03.2025
Announcement under Regulation 30 (LODR)-Press Release / Media Release
29-Mar-2025 | Source : BSECopy of Press release titled DEVIT secures Rs. 3.8 Cr Government Orders for Digital Transformation
Corporate Actions
No Upcoming Board Meetings
Dev Information Technology Ltd has declared 5% dividend, ex-date: 26 Nov 24
Dev Information Technology Ltd has announced 5:10 stock split, ex-date: 25 Nov 22
No Bonus history available
No Rights history available