Dev IT share soars 10% after winning orders worth Rs 8 cr
For the past two sessions in a row, the price of the Dev IT share has been rising. On Wednesday, the small-cap IT stock ended more than five percent higher and on Thursday, it continued to rise for another day. Just minutes after the opening bell of the stock market, the price of Dev IT shares opened higher today at ₹125.50 and reached an intraday high of ₹135.01 per share on NSE. This is a roughly 10 per cent intraday gain.
Dev Information Technology has received major orders totalling about Rs 8 crore. These work orders are for providing SQL Server Enterprise and Windows Server to further enable the Gujarat Chief Minister Office’s Dashboard Application as well as various other key software solution applications specific to several of other Gujarat Government Departments hosted at the Gujarat State Data Centre.
At 12:59 pm, Dev IT shares were trading 6.38% at ₹130.65.
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