Dev IT shares jump 7% after order win from NICSI; check details here
Dev Information Technology shares 7 per cent after it received a ₹1.29 crore order from NICSI for Integrated Financial Management System Shares of Dev Information Technology rose nearly 7 per cent on Tuesday after the company received a ₹1.29 crore order from NICSI for Integrated Financial Management System. The IT-enabled services firm's stock rose as much as 6.6 per cent during the day to ₹120.8 per share. The stock pared gains to trade 4.9 per cent higher at ₹118.9 apiece, compared to a 0.06 per cent decline in BSE Sensex as of 12:15 PM. Shares of the company have risen for the second straight session, but are a long way off from their all-time high level of ₹191 per share. The counter has risen nearly 29 per cent so far this year, compared to a 5.3 per cent gain in the benchmark Sensex index. Dev IT has a total market capitalisation of ₹268.04 crore Dev IT bags ₹1.29 crore order The company landed a key order from the National Informatics Centre Services Incorporated (NI...