DEV IT wins about INR 29 lakh AutoCAD order from GIFT City

Govt 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

+0.1%Reaction day

₹30.78

prior close

₹32.02

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+3.7%-3.7% vs market

IT Enabled Services peers, median of 75sector+2.5%-2.5% vs sector

On the reaction day the stock moved 3.7 pts less than Nifty Microcap 250 and 2.5 pts less than 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

+3.1

10m

-1.1

15m

-2.6

30m

-2.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.1+3.7-3.7+2.5-2.5

Next day

+1.7+5.1-3.4+2.2-0.5

+1.2+4.0-2.8+1.4-0.1

-0.8+3.2-4.1+1.1-1.9

+13.7+5.9+7.8+3.5+10.2

+4.6+6.9-2.3+4.4+0.2

-4.9+5.9-10.8+2.0-6.9

15d

-22.0+2.1-24.1-2.0-20.0

-12.1-3.5-8.6-9.2-2.9

-15.6-4.2-11.3-12.9-2.7

+2.3+10.9-8.6-4.6+6.9

UpDownMarket · Nifty Microcap 250Sector · IT Enabled Services peers, median of 75Pending

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

AI summary

DEV IT won an order of around INR 29 Lakhs from GIFT City, a Gujarat Government undertaking, for AutoCAD licenses with 3 years of subscription. The fixed-cost contract covers a BIM platform with 2D/3D design, architectural and structural workflows, plus AI features. Execution period is about 3 years. No promoter or related party interest in the awarding entity.

Likely market impact

Small about INR 29 Lakh order is a minor positive; reflects continued government business but unlikely to move stock meaningfully.