India's Dev Information Technology jumps on 10.5 million-rupee order win

Dev Information Technology

28/08/2025 10:44

** Shares of Dev Information Technology DEVN.NS jump 14% to 47 rupees; biggest intraday pct gain since mid-Sept, 2024

** IT services provider wins work order of 10.5 million  rupees ($0.11 mln) from RajCOMP Info Services, a government of Rajasthan undertaking

** Co now holds active work orders worth 0.5 bln rupees from various government entities across India

** More than 742,000 shares traded so far, 5x 30-day avg

** Stock down 28% YTD

($1 = 87.5060 Indian rupees)

 (Reporting by Komal Salecha)

 ((Komal@thomsonreuters.com;))