Dev Information Technology Ltd. (DEVIT): Dev Information Technology Share Price near 52-week low as DEVIT slips 2.67%
- September 24, 2026
- Posted by: Harsh Piplani
- Category: News
DEVIT Share Price is Rs 22.64, down 2.67% today, and trading near its 52-week low with market capitalisation at Rs 132.95 crore.
Dev Information Technology Ltd. (DEVIT) Share Price is Rs 22.64 today, down 2.67% from the previous close of Rs 23.26, and the stock is trading close to its 52-week low while market capitalisation stands at Rs 132.95 crore. The latest DEVIT Share Price move matters because the share is now below its 50-day and 200-day moving averages, and the supplied data confirms a weak price setup without establishing any company-specific catalyst. In Univest AI News Engine terms, this is a stock news event driven by price action, not by a verified fresh trigger. The DEVIT Share Price trend is also relevant for investors tracking IT Stock News, one-year low levels and support behaviour in a small-cap software name. Univest notes that the market is watching whether the current price zone can stabilise after the session’s selling pressure.
DEVIT Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 22.64 |
| Previous Close | Rs 23.26 |
| Today's Move | Rs -0.62 (-2.67%) |
| Open | Rs 22.86 |
| High | Rs 23.8 |
| Low | Rs 22.5 |
| Turnover | Rs 0.01 crore |
| Market Capitalisation | Rs 132.95 crore |
Dev Information Technology Ltd. (DEVIT) traded at Rs 22.64 versus the previous close of Rs 23.26, a fall of 2.67%. The stock opened at Rs 22.86, reached a high of Rs 23.8, touched a low of Rs 22.5.
DEVIT Share Price Today reflects a soft session in which the stock opened at Rs 22.86, touched an intraday high of Rs 23.80 and a low of Rs 22.50, before settling at Rs 22.64. The move from the previous close of Rs 23.26 translates into a fall of Rs 0.62 or 2.67%, placing the stock near its 52-week low. Turnover stood at Rs 0.01 crore, and the market capitalisation remained Rs 132.95 crore, which keeps the company in the micro-cap zone of the Indian stock market. On the supplied numbers, the day’s price action shows immediate selling pressure and a narrow recovery from the low, but it does not establish a fresh company event. For investors scanning DEVIT Stock Analysis, the focus is on whether this price band can act as a support level rather than extend the decline. That makes the DEVIT Share Price Update important for short-term market news tracking.
The stock’s trading position also reinforces why DEVIT Share Price is appearing in searches for Stocks at 52 Week Low, 52 Week Low Stocks and Top Losers Today in the broader Share Market Today narrative.
From Univest’s perspective, the key point is that DEVIT Share Price Today sits close to a yearly low, and the market is treating the current price zone as a technical test rather than a proven base.
DEVIT Share Price also remains below Rs 24, which keeps the share price conversation focused on price action, not on momentum strength.
Dev Information Technology Ltd. (DEVIT) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 132.95 crore |
| P/E Ratio | 1.75x |
| P/B Ratio | 1.19x |
| ROE | 23.89% |
| ROCE | 26.64% |
| EPS | Rs 13.29 |
| Book Value Per Share | Rs 19.6 |
| Dividend Yield | 0.43% |
Dev Information Technology Ltd. (DEVIT) fundamental metrics show P/E 1.75x, P/B 1.19x, ROE 23.89%, ROCE 26.64%. These figures provide context only and are not a buy or sell signal.
Dev Information Technology Ltd. has a market capitalisation of Rs 132.95 crore, which gives readers a sense of company size before judging valuation. On valuation, P/E at 1.75x, P/B at 1.19x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 23.89% and ROCE of 26.64%, helping investors compare shareholder returns and capital efficiency. Additional supplied metrics include EPS of Rs 13.29, book value per share of Rs 19.6, dividend yield of 0.43%, adding context to earnings, balance-sheet value and historical payout. Against the supplied same industry benchmark, these figures can be compared with benchmark median P/E of 16.63x, median ROE of 10.78%, median ROCE of 13.03%. These numbers explain the fundamental backdrop without converting the article into a buy or sell view.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | IT |
| Industry | IT – Software |
| Benchmark Scope | same industry |
| Company P/E Ratio | 1.75x |
| Benchmark Median P/E | 16.63x |
| Benchmark Average P/E | 41.45x |
| Benchmark P/E Range | 0x to 1,218.97x |
| Company P/B Ratio | 1.19x |
| Benchmark Median P/B | 2.1x |
| Company ROE | 23.89% |
| Benchmark Median ROE | 10.78% |
| Company ROCE | 26.64% |
| Benchmark Median ROCE | 13.03% |
| Company Market Capitalisation | Rs 132.95 crore |
| Benchmark Median Market Cap | Rs 236.2 crore |
Dev Information Technology Ltd. (DEVIT) is classified under sector: IT and industry: IT – Software.
Dev Information Technology Ltd. (DEVIT) has a P/E ratio of 1.75x, which is below the benchmark median of 16.63x, a difference of -89.48%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.
Dev Information Technology Ltd. (DEVIT) has a ROE of 23.89%, which is above the benchmark median of 10.78%, a difference of +121.61%. Dev Information Technology Ltd. (DEVIT) has a ROCE of 26.64%, which is above the benchmark median of 13.03%, a difference of +104.45%.
Track stocks falling to yearly lows through the Univest 52-week-low screener. The peer table below provides the company-level comparison.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| GENXAI ANALYTICS LIMITED | GENXAI | 130.99 | 9.93 | 4.63 | 82.29 | 69.77 |
| GVP Infotech Ltd. | GVPTECH | 136 | 0 | 1.58 | -1.58 | -1.54 |
| WEP Solutions Ltd. | WEPSOLN | 129.12 | 70.55 | 2.06 | 3.28 | 6.21 |
| ENS Enterprises Limited | ENS | 137.65 | 16.39 | 2.67 | 58.97 | 71.71 |
| Methodhub Software Ltd. | METHODHUB | 138.23 | 4.65 | 0.92 | 41.97 | 31.81 |
Dev Information Technology Ltd. (DEVIT) has a P/E ratio of 1.75x compared with the displayed peer median of 9.93x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 23.89% compares with a peer median of 41.97% across the companies shown in the table. ROCE stood at 26.64% versus the displayed peer median of 31.81%, providing a capital-efficiency comparison. Dev Information Technology Ltd. (DEVIT) has a market capitalisation of Rs 132.95 crore. Among the 5 peers shown, 3 have a larger market capitalisation.
Why Investors Are Watching DEVIT
- DEVIT Share Price is trading near a 52-week low after a 2.67% fall.
- The stock is below its 50-day and 200-day moving averages, which keeps price action weak.
- P/E of 1.75 and P/B of 1.19 place DEVIT at a low valuation versus the industry benchmark.
- ROE of 23.89% and ROCE of 26.64% remain stronger than the same-industry medians.
- Sector and peer comparison keep DEVIT Share Price in the 52 Week Low Stocks conversation.
About Dev Information Technology Ltd.
Dev Information Technology Ltd. operates in the IT – Software space within the IT sector. The company’s business profile, as supplied, places it inside a broad technology services industry where valuation, return ratios and business consistency matter more than company size alone. DEVIT Share Price therefore needs to be read alongside its revenue and profit pattern, not just alongside its market capitalisation. The latest supplied financial figures show revenue across recent quarters in the Rs 429.85 crore to Rs 538.65 crore range, while net profit has moved unevenly from Rs 21.07 crore in Jun 2025 to Rs 20.66 crore in Jun 2026, with a notable spike in Mar 2026. The company’s EPS of Rs 13.29 and book value of Rs 19.6 per share provide additional context for investors assessing the stock’s financial footing. For Univest users following DEVIT Share Price, the company remains a small-cap IT name with a low-multiple profile and return ratios that stand out inside its peer universe.
Track DEVIT Share Price on Univest
Use Dev Information Technology Ltd. (DEVIT) live share-price page, Univest 52-week-low screener, Univest market blogs to review live stock data, yearly-low lists and related market analysis.
You can track DEVIT Share Price on Univest for live share price updates, technical indicators, fundamental ratios, shareholding pattern, 52-week levels and market insights. Univest also presents DEVIT Stock News, DEVIT Stock Analysis and company-specific market context in one place, helping readers follow the share price without relying on scattered market updates.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
Why is DEVIT Share Price falling today?
Ans. The supplied data confirms DEVIT Share Price fell 2.67% to Rs 22.64, but it does not establish a company-specific catalyst. The stock is also trading near its 52-week low, which keeps price action under pressure.
What is DEVIT Share Price today?
Ans. DEVIT Share Price today is Rs 22.64, compared with the previous close of Rs 23.26. The session opened at Rs 22.86, touched Rs 23.80 and Rs 22.50, and settled close to the day’s lower end.
Is DEVIT trading near its 52-week low?
Ans. Yes, DEVIT Share Price is trading close to its 52-week low. The event is price-based and near-yearly-low driven, which is why investors are tracking support behaviour and daily price action.
What does DEVIT Fundamental Analysis indicate?
Ans. DEVIT Share Price is supported by a P/E of 1.75, P/B of 1.19, ROE of 23.89% and ROCE of 26.64%. EPS is Rs 13.29 and book value is Rs 19.6 per share.
How does DEVIT compare with its sector benchmark?
Ans. DEVIT Share Price looks low versus the IT – Software benchmark. Its P/E of 1.75 is below the industry median of 16.63, while ROE and ROCE are above the benchmark medians of 10.78% and 13.03%.
How does DEVIT compare with peers?
Ans. DEVIT Share Price compares favourably on valuation with several supplied peers. Its P/E of 1.75 is lower than GENXAI, ENS, WEP Solutions and Methodhub, while its ROE and ROCE stay competitive in the peer set.
What is DEVIT market cap?
Ans. DEVIT Share Price reflects a market capitalisation of Rs 132.95 crore. That places the company in the small-cap range and below the industry median market cap of Rs 236.2 crore in the supplied benchmark.
What are DEVIT earnings and book value?
Ans. DEVIT Share Price is backed by EPS of Rs 13.29 and book value of Rs 19.6. Those figures help investors compare the stock’s price with accounting net worth and earnings per share.
Should investors track DEVIT Share Price on Univest?
Ans. Yes. Univest tracks DEVIT Share Price, share price today, technical indicators, valuation ratios, 52-week levels and market context. That helps readers follow the stock’s price action, sector positioning and peer comparison in one place.
