SSelectStock

DEVITDev Information Technology Limited

IT · Information Technology Services · NSE · as of 2026-09-11 (delayed ~30 min in market hours)

Dev Information Technology Limited provides information technology enabled services in India, Europe, and internationally. The company offers cloud services, including cloud advisory, cloud application modernization, managed cloud, enterprise devOps, and backup and recovery services; and managed IT services, such as managed digital workplace and data center support services, as well as application development services comprising custom software solutions, eGov platforms, and mobile app development. It also provides digital transformation services consisting of modern workplace, M365 migration services, hybrid and remote work, cyber security services, data and analytics, and blockchain solutions; and enterprise applications, such as Microsoft D365 F&O, Microsoft D365 CRM, D365 Business Central, and Microsoft Power Platform. The company has a strategic alliance with Xduce Corporation to accelerate growth in North America and scale its global delivery capabilities across digital engineering, cloud, data, artificial intelligence, and cybersecurity. Dev Information Technology Limited was incorporated in 1997 and is based in Ahmedabad, India.

24.18
0.88%
26Weak

Mkt Cap
₹135 Cr
P/E
1.8
P/B
1.3
Div Yield
0.41%
52W High
₹45.40
52W Low
₹22.25

Price & Volume

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Key Ratios

Market Cap (₹ cr)134.70
P/E1.83
P/B1.25
PEG
ROE %69.30
ROCE %-0.00
Debt / Equity0.28
EPS13.24
Revenue Growth %2.70
Profit Growth %-3.20
Dividend Yield %0.41
Promoter Holding %66.87
FII Holding %0.00
DII Holding %
Beta-0.39

“—” means the figure isn't meaningful or isn't published for this company: ROE and Debt/Equity are undefined when shareholder equity is negative (check P/B — negative means negative equity), and DII/MF holding splits aren't provided by our current data source.

Active Pattern Signals

None of the 16 pattern scanners currently detects a setup on DEVIT — signals appear here automatically when one forms (checked on every data refresh). The Trade Plan on the right always provides stop-loss and target levels regardless.

AVOIDConviction 72%

Why avoid

  • Overall evidence is weak (AlgoScore 26/100)
  • Revenue growth: 2.7% YoY
  • Profit growth: -3.2% YoY
  • RSI: 37
  • MACD: bearish

Bull case

  • ROE: 69.3%
  • Debt/Equity: 0.28
  • Promoter holding: 66.9%

Bear case

  • Revenue growth: 2.7% YoY
  • Profit growth: -3.2% YoY
  • RSI: 37
  • MACD: bearish

Key risks

  • Elevated volatility / drawdown profile — size positions accordingly
  • Momentum is fading versus the broader market
  • Revenue growth: 2.7% YoY
  • Profit growth: -3.2% YoY

Algorithmic analysis for research only — not SEBI-registered investment advice.

Trade Plan

Entry (CMP)
₹24.18
Stop Loss
₹23.36
risk 3.4%
Target 1 (1.5R)
₹25.40
+5.0%
Target 2 (3R)
₹26.63
+10.1%
Support (20d)
₹23.60
Resistance (52w)
₹45.40
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹0.82/share
ATR (volatility)
₹1.18
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹1.18). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental53
Technical20
Momentum13
Risk (safety)6

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