India's Dev Information Technology rises on acquisition, order win

Dev Information Technology

11/10/2024 10:44

** Shares of Dev Information Technology  DEVN.NS  rise 4.5%
to 158 rupees before trimming gains; last up 2%
    ** IT services provider acquires 100% stake in Dhyey
Consulting Services
    ** Co also got order from Gujarat's ports department for
providing IT and software services for 1.2 mln rupees
($14,281.63)
    ** DEVN sees busiest day in a week, with over 250,000 shares
traded
    ** With session's jump, stock trims YTD losses to 7%


($1 = 84.0240 Indian rupees)

 (Reporting by Aleef Jahan in Bengaluru)
 ((aleefjahan.cs@thomsonreuters.com))