Dev IT bags INR 5.15 Cr order from Govt of Rajasthan for IFMS 3.0

Government or defence orderBusiness Updates View source PDF Explain this filing

DEVIT · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.4%Reaction day

₹24.85

prior close

₹26.00

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.5%-0.1% vs market

IT Enabled Services peers, median of 78sector+0.4%+0.0% vs sector

On the reaction day the stock moved 0.1 pts less than Nifty Microcap 250 and in line with its IT Enabled Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.0

10m

-1.8

15m

-0.8

30m

-0.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.4+0.5-0.1+0.4+0.0

Next day

+0.5+0.8-0.3+0.8-0.3

+2.6+1.0+1.6+0.9+1.7

+2.6+0.6+2.0+0.0+2.6

+3.0+1.2+1.8+0.0+3.0

+0.6+0.9-0.3-0.0+0.6

-1.5+1.6-3.1+0.8-2.4

15d

-2.6+1.9-4.5-0.8-1.8

-6.8+0.8-7.6-0.2-6.6

-24.3-5.7-18.7-8.0-16.4

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UpDownMarket · Nifty Microcap 250Sector · IT Enabled Services peers, median of 78Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Dev Information Technology has secured a work order worth about INR 5.15 Crore from National Informatics Centre Services Incorporated (NICSI) for building IFMS 3.0 Web and Mobile Applications for the Directorate of Treasuries and Accounts, Government of Rajasthan. Scope covers Pension, Employee, Works and Accounts, Salary and Grant-in-Aid modules. Fixed cost domestic order to be completed in about 6 months. No promoter or related party interest.

Likely market impact

Adds about INR 5.15 Crore to order book from a state government client. Small win, limited immediate price impact.