Dev Information Technology Limited has informed the Exchange about Bagging/Receiving of orders/contracts
DEVIT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Dev Information Technology Limited (DEV IT) has won a work order worth approximately ₹71 lakhs from Guj Info Petro Ltd (GIPL), a Gujarat state government entity. The scope involves upgrading and migrating a cluster to GIPL's existing data centre infrastructure at Gandhinagar, along with deploying Microsoft Windows Server 2025 editions and provisioning e-Governance applications. The project is fixed-cost, entirely domestic, and is to be executed within 2-3 weeks. The order is not a related party transaction and the promoter group has no interest in GIPL. The deal is small in absolute terms for a listed IT services company.
Mildly positive for sentiment as it adds to the order book from a state PSU client, but the contract size (~₹71 lakhs) is modest and unlikely to materially move revenue or the stock price on its own.