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DEV Information Technology Limited stock rises 3.64% after securing a Rs 5.15 crore work order from NICSI
20-Aug-26   11:32 Hrs IST
Dev Information Technology Ltd. is currently trading at Rs 25.88, up 3.64%, while the stock has fallen 3.72% over the last week. DEV Information Technology Limited has secured a work order valued at approximately Rs 5.15 Crore from National Informatics Centre Services Incorporated (NICSI), acting on behalf of the Directorate of Treasuries and Accounts, Government of Rajasthan, for the development of IFMS 3.0 Web and Mobile Applications. The project, which includes modules for pension, employee, works & accounts, and salary management, is expected to be completed within approximately 6 months and does not constitute a related party transaction. The company announced the order on August 20, 2026, in compliance with SEBI regulations. Trading volume reached 35174 shares today, a significant increase of 169.66% compared to the one-week average volume. Dev Information Technology Ltd. experienced a sharp decline of 45.08% year-over-year, underperforming the 3.61% loss registered by the NIFTY50 index.
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