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 has secured a work order worth approximately ₹1.06 crore from RajCOMP Info Services Ltd, a Government of Rajasthan undertaking. The project titled 'Portal Websites' involves IT/ITeS and software development services, including enhancement of integrated web portals and mobile applications using the Adobe Experience Manager platform. The contract is fixed-cost, domestic, and has a timeline of about 12 months. The order is not a related party transaction. The company states it currently holds active work orders of around ₹50 crore from various government entities across India.
This is a small incremental order (roughly 2% of the company's existing ~₹50 crore order book) from a state government client, reinforcing its presence in the government IT sector. It is positive for visibility but unlikely to be a material catalyst for the stock on its own.