DEVITBSEDev Information Technology LtdHighPositive
Announced Wed, 1 Jul · 17:27 IST

DEV IT wins INR 2.79 Cr order from GIFT City authority for digital platform

Govt Defence OrderBusiness Updates View source PDF

DEVIT · price

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

Price reaction · full curve 14 horizons · vs prior close
-4.9%1-day move
₹29.00
prior close
₹29.15
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AI summary

Dev Information Technology has secured a work order worth approximately INR 2.79 Crores from Gujarat International Finance Tec-City Company Limited (GIFTCL), a state government entity. The 2.5-year fixed cost project involves designing, developing and maintaining a multilingual web portal and an interactive Digital Twin platform for GIFT City, India's premier International Financial Services Centre. Scope includes web development, digital twin, content creation, system integration and ongoing support.

Likely market impact

Positive order win from a government entity strengthens revenue visibility, though ticket size is modest. Validates DEV IT's digital transformation capabilities.