DEVIT Stock Overview
Dev Information Technology Limited provides information technology enabled services in India.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 2/6 |
Dev Information Technology Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹118.70 |
| 52 Week High | ₹174.75 |
| 52 Week Low | ₹93.30 |
| Beta | -0.0063 |
| 1 Month Change | 12.19% |
| 3 Month Change | -18.14% |
| 1 Year Change | 21.00% |
| 3 Year Change | 324.12% |
| 5 Year Change | 402.43% |
| Change since IPO | 667.04% |
Recent News & Updates
Not Many Are Piling Into Dev Information Technology Limited (NSE:DEVIT) Stock Yet As It Plummets 30%
Mar 13
Dev Information Technology Limited's (NSE:DEVIT) P/E Is Still On The Mark Following 29% Share Price Bounce
Dec 23Recent updates
Not Many Are Piling Into Dev Information Technology Limited (NSE:DEVIT) Stock Yet As It Plummets 30%
Mar 13Dev Information Technology Limited's (NSE:DEVIT) P/E Is Still On The Mark Following 29% Share Price Bounce
Dec 23Here's Why We Think Dev Information Technology (NSE:DEVIT) Might Deserve Your Attention Today
Dec 16It's Unlikely That Dev Information Technology Limited's (NSE:DEVIT) CEO Will See A Huge Pay Rise This Year
Sep 24Does Dev Information Technology (NSE:DEVIT) Deserve A Spot On Your Watchlist?
Jun 29Has Dev Information Technology Limited's (NSE:DEVIT) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Feb 08
Shareholder Returns
| DEVIT | IN IT | IN Market | |
|---|---|---|---|
| 7D | -3.7% | 0.5% | 2.8% |
| 1Y | 21.0% | 23.1% | 46.6% |
Return vs Industry: DEVIT underperformed the Indian IT industry which returned 23.1% over the past year.
Return vs Market: DEVIT underperformed the Indian Market which returned 46.4% over the past year.
Price Volatility
| DEVIT volatility | |
|---|---|
| DEVIT Average Weekly Movement | 7.6% |
| IT Industry Average Movement | 6.5% |
| Market Average Movement | 6.9% |
| 10% most volatile stocks in IN Market | 10.1% |
| 10% least volatile stocks in IN Market | 4.2% |
Stable Share Price: DEVIT's share price has been volatile over the past 3 months.
Volatility Over Time: DEVIT's weekly volatility (8%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1997 | 749 | Jaimin Shah | www.devitpl.com |
Dev Information Technology Limited provides information technology enabled services in India. The company offers cloud services, including cloud advisory, cloud application modernization, managed cloud, and cloud backup and recovery services; and managed IT services, such as managed workplace and technical helpdesk services, as well as data center support services comprising incident and problem management, server management, database administration, and network and firewall security. It also provides digital services consisting of ecommerce storefronts and digital marketing services; modern workplace and cyber security services that include identity and access management, data safeguarding, security and compliance, and VAPT, as well as proactive surveillance, threat detection, and neutralization services; and mobile applications development and mobile cloud applications.
Dev Information Technology Limited Fundamentals Summary
| DEVIT fundamental statistics | |
|---|---|
| Market cap | ₹2.67b |
| Earnings (TTM) | ₹84.70m |
| Revenue (TTM) | ₹1.64b |
31.5x
P/E Ratio1.6x
P/S RatioIs DEVIT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| DEVIT income statement (TTM) | |
|---|---|
| Revenue | ₹1.64b |
| Cost of Revenue | ₹1.46b |
| Gross Profit | ₹185.33m |
| Other Expenses | ₹100.63m |
| Earnings | ₹84.70m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 3.77 |
| Gross Margin | 11.27% |
| Net Profit Margin | 5.15% |
| Debt/Equity Ratio | 21.5% |
How did DEVIT perform over the long term?
See historical performance and comparison