Dev Information Technology Limited gains 1.26%, securing a Rs 30 lakh enterprise technology order from CPRI Bangalore

Dev Information Technology Ltd. is currently trading at Rs 24.2, up 1.26%, while the stock has fallen 1.31% over the last week.

Dev Information Technology Limited (DEVIT) has secured an enterprise technology order from the Central Power Research Institute (CPRI) Bangalore, under the Ministry of Power, Government of India, valued at approximately Rs 30 Lakhs. The order involves redesigning, redeveloping, testing, commissioning, rollout, security auditing, GIGW compliance certification, and comprehensive maintenance of CPRI’s official bilingual website, adhering to Government of India standards including GIGW 3.0 and cybersecurity requirements, with an execution period of approximately 4 years. The project aims to modernize CPRI’s digital presence and enhance user experience, and DEVIT confirmed that the order does not constitute a related party transaction.

Trading volume reached 54267 shares today, a surge of 222.14% compared to the average volume of the last one week. Dev Information Technology Ltd plunged by 44.34% year-over-year, underperforming the 5.78% loss recorded by the NIFTY50 index.