DEVIT

Dev Information Technology Share Price

₹151.12
-1.97 (-1.29%)
11 October, 2024 07:53 BSE: 543462 NSE: DEVIT ISIN: INE060X01026

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Dev Information Technology Performance

Day Range

  • Low 150
  • High 154
₹ 151

52 Week Range

  • Low 94
  • High 175
₹ 151
  • Open Price154
  • Previous Close153
  • Volume107159

Dev Information Technology Chart

  • Over 1 Month + 15.76%
  • Over 3 Month + 25.08%
  • Over 6 Month + 19.23%
  • Over 1 Year + 13.28%

Dev Information Technology Key Statistics

P/E Ratio 30.9
PEG Ratio 1.4
Market Cap Cr 340
Price to Book Ratio 5.8
EPS 3.9
Dividend 0.2
Relative Strength Index 59.31
Money Flow Index 93.7
MACD Signal 5.36
Average True Range 8.38

Dev Information Technology Investment Rating

  • Master Rating:
  • Dev Information Technology has an operating revenue of Rs. 138.58 Cr. on a trailing 12-month basis. An annual revenue growth of 26% is outstanding, Pre-tax margin of 8% is okay, ROE of 16% is good. The company has a reasonable debt to equity of 7%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 13% and 16% from 50DMA and 200DMA. It is currently FORMING a base in its weekly chart and is trading around 12% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 95 which is a GREAT score indicating consistency in earnings, a RS Rating of 55 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at A- which is evident from recent demand for the stock, Group Rank of 87 indicates it belongs to a poor industry group of Computer-Tech Services and a Master Score of B is close to being the best. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Dev Information Technology Financials
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 303831305942
Operating Expenses Qtr Cr 253228285639
Operating Profit Qtr Cr 562233
Depreciation Qtr Cr 100000
Interest Qtr Cr 000000
Tax Qtr Cr 120011
Net Profit Qtr Cr 342222
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 159129
Operating Expenses Annual Cr 145116
Operating Profit Annual in Cr 136
Depreciation Cr 11
Interest Annual Cr 11
Tax Annual Cr 32
Net Profit Annual Cr 99
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr -1-1
Cash from Investing Activity Annual Cr -2-1
Cash from Financing Annual Activity Cr 3-4
Net Cash Flow Annual Cr 0-6
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 5642
Fixed Assets Annual Cr 2710
Total Non Current Assets Annual Cr 2822
Total Current Assets Annual Cr 6145
Total Assets Annual Cr 8968
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 2519
ROE Annual % 1621
ROCE Annual % 2226
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 911
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 354332286044
Operating Expenses Qtr Cr 303729265739
Operating Profit Qtr Cr 662235
Depreciation Qtr Cr 100000
Interest Qtr Cr 100000
Tax Qtr Cr 120011
Net Profit Qtr Cr 442223
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 165131
Operating Expenses Annual Cr 150117
Operating Profit Annual in Cr 147
Depreciation Cr 11
Interest Annual Cr 11
Tax Annual Cr 32
Net Profit Annual Cr 99
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr -1-2
Cash from Investing Activity Annual Cr -2-1
Cash from Financing Annual Activity Cr 4-4
Net Cash Flow Annual Cr 1-7
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 5542
Fixed Assets Annual Cr 1811
Total Non Current Assets Annual Cr 3022
Total Current Assets Annual Cr 6546
Total Assets Annual Cr 9568
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 2619
ROE Annual % 1722
ROCE Annual % 2228
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 911

Dev Information Technology Technicals

EMA & SMA

Current Price
₹151.12
-1.97 (-1.29%)
pointer
  • Bullish Moving Average
  • ___
  • 13
  • Bearish Moving Average
  • ___
  • 3
  • 20 Day
  • ₹145.50
  • 50 Day
  • ₹137.74
  • 100 Day
  • ₹132.65
  • 200 Day
  • ₹129.88
  • 20 Day
  • ₹141.99
  • 50 Day
  • ₹134.71
  • 100 Day
  • ₹128.54
  • 200 Day
  • ₹130.57

Dev Information Technology Resistance and Support

PIVOT
₹151.85
Resistance
First Resistance 153.67
Second Resistance 156.23
Third Resistance 158.05
RSI 59.31
MFI 93.70
MACD Single Line 5.36
MACD 6.18
Support
First Support 149.29
Second Support 147.47
Third Supoort 144.91

Dev Information Technology Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 133,092 5,880,005 44.18
Week 253,454 10,781,950 42.54
1 Month 480,303 16,042,122 33.4
6 Month 171,838 6,799,622 39.57

Dev Information Technology Result Highlights

Dev Information Technology Synopsis

NSE-Computer-Tech Services

Dev Information Tech is involved in the business activities of Providing software support and maintenance to the clients. Company’s Total Operating Revenue is Rs. 157.28 Cr. and Equity Capital is Rs. 11.24 Cr. for the Year ended 31/03/2024. Dev Information Technology Ltd. is a Public Limited Listed company incorporated on 23/12/1997 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L30000GJ1997PLC033479 and registration number is 033479.
Market Cap 340
Sales 129
Shares in Float 0.67
No of funds
Yield 0.17
Book Value 6.09
U/D Vol ratio 3.3
LTDebt / Equity 7
Alpha -0.04
Beta 1.26

Dev Information Technology Shareholding Pattern

Owner NameJun-24Mar-24Dec-23Sep-23
Promoters 70.2%70.2%71.31%67.48%
Individual Investors 21.14%21.59%20.52%22.92%
Others 8.66%8.21%8.17%9.6%

Dev Information Technology Management

Name Designation
Mr. Pranav Niranjanbhai Pandya Chairman & Wholetime Director
Mr. Jaimin Jagdishbhai Shah Managing Director
Mr. Vishal Nagendra Vasu Whole Time Director
Dr. V V Rama Subba Rao Independent Director
Mr. Jatin Y Trivedi Independent Director
Mr. Prerak Pradyumna Shah Whole Time Director
Ms. Rama Moondra Independent Woman Director
Mr. Umesh Rateja Independent Director

Dev Information Technology Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Dev Information Technology Corporate Action

Date Purpose Remarks
2024-08-05 Quarterly Results
2024-05-24 Audited Results & Final Dividend
2024-02-06 Quarterly Results
2023-12-15 Preferential issue of shares
2023-11-07 Quarterly Results
Date Purpose Remarks
2021-10-22 Bonus Rs.0.00 issue of equity shares in the rattio 1:1 of Rs. 10/-.
Date Purpose Remarks
2022-11-25 Split Rs.0.00 split from Rs. 10/- to Rs. 5/-.

Dev Information Technology FAQs

What is Share Price of Dev Information Technology ?

Dev Information Technology share price is ₹151 As on 11 October, 2024 | 07:39

What is the Market Cap of Dev Information Technology ?

The Market Cap of Dev Information Technology is ₹339.8 Cr As on 11 October, 2024 | 07:39

What is the P/E ratio of Dev Information Technology ?

The P/E ratio of Dev Information Technology is 30.9 As on 11 October, 2024 | 07:39

What is the PB ratio of Dev Information Technology ?

The PB ratio of Dev Information Technology is 5.8 As on 11 October, 2024 | 07:39

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