{"id":319446,"date":"2026-10-21T11:54:15","date_gmt":"2026-10-21T06:24:15","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=319446"},"modified":"2026-10-21T11:54:15","modified_gmt":"2026-10-21T06:24:15","slug":"why-dev-information-technology-share-price-fall-today-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/why-dev-information-technology-share-price-fall-today-2026\/","title":{"rendered":"Dev Information Technology (DEVIT) Share Price Falls 11.73%: What Dragged DEVIT Today"},"content":{"rendered":"<div class=\"univest-blue-summary\" style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:12px 16px;margin:0 0 18px 0;font-style:italic;\"><em><a href=\"https:\/\/univest.in\/stocks\/devit\/dev-information-technology-ltd-share-price-today\">Dev Information Technology (DEVIT)<\/a> share price fell to Rs 17.38 today, down 11.73% from the previous close. Market cap was Rs 112.21 crore.<\/em><\/div>\n<p style=\"margin-top:0!important;\">DEVIT Share Price came under pressure today, with Dev Information Technology trading at Rs 17.38, down 11.73% from the previous close of Rs 19.69. The stock\u2019s market capitalisation stood at Rs 112.21 crore, keeping the company in the Micro Cap category. The price move is confirmed in Univest data; a company-specific reason has not been established. For readers tracking DEVIT Share Price Today, the move is notable because the stock opened at Rs 20.29, touched the same high, and then slipped to Rs 17.38 during the day. In <\/p>\n<p>Univest is tracking DEVIT Share Price as a live price fall event, and the numbers already give a useful first read on market positioning. The stock is also drawing attention in DEVIT Stock News searches because its valuation ratios and return measures are very different from the wider IT peer set.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/why-dev-information-technology-share-price-fall-today-2026\/#Dev_Information_Technology_DEVIT_Share_Price_Today_Price_Action_Analysis\" title=\"Dev Information Technology (DEVIT) Share Price Today: Price Action Analysis\">Dev Information Technology (DEVIT) Share Price Today: Price Action Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/why-dev-information-technology-share-price-fall-today-2026\/#Dev_Information_Technology_DEVIT_Fundamental_Analysis\" title=\"Dev Information Technology (DEVIT) Fundamental Analysis\">Dev Information Technology (DEVIT) Fundamental Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/why-dev-information-technology-share-price-fall-today-2026\/#Sector_and_Industry_Context\" title=\"Sector and Industry Context\">Sector and Industry Context<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/why-dev-information-technology-share-price-fall-today-2026\/#Peer_Comparison\" title=\"Peer Comparison\">Peer Comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/why-dev-information-technology-share-price-fall-today-2026\/#Why_Investors_Are_Watching_Dev_Information_Technology\" title=\"Why Investors Are Watching Dev Information Technology\">Why Investors Are Watching Dev Information Technology<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/why-dev-information-technology-share-price-fall-today-2026\/#About_Dev_Information_Technology\" title=\"About Dev Information Technology\">About Dev Information Technology<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/why-dev-information-technology-share-price-fall-today-2026\/#Track_DEVIT_Share_Price_on_Univest\" title=\"Track DEVIT Share Price on Univest\">Track DEVIT Share Price on Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/why-dev-information-technology-share-price-fall-today-2026\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/why-dev-information-technology-share-price-fall-today-2026\/#Why_is_DEVIT_Share_Price_falling_today\" title=\"Why is DEVIT Share Price falling today?\">Why is DEVIT Share Price falling today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/why-dev-information-technology-share-price-fall-today-2026\/#What_is_DEVIT_Share_Price_today\" title=\"What is DEVIT Share Price today?\">What is DEVIT Share Price today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/why-dev-information-technology-share-price-fall-today-2026\/#What_is_the_market_capitalisation_of_DEVIT\" title=\"What is the market capitalisation of DEVIT?\">What is the market capitalisation of DEVIT?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/why-dev-information-technology-share-price-fall-today-2026\/#How_does_DEVIT_compare_on_valuation\" title=\"How does DEVIT compare on valuation?\">How does DEVIT compare on valuation?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/why-dev-information-technology-share-price-fall-today-2026\/#What_do_ROE_and_ROCE_show_for_DEVIT\" title=\"What do ROE and ROCE show for DEVIT?\">What do ROE and ROCE show for DEVIT?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/why-dev-information-technology-share-price-fall-today-2026\/#What_are_the_EPS_and_book_value_for_DEVIT\" title=\"What are the EPS and book value for DEVIT?\">What are the EPS and book value for DEVIT?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/why-dev-information-technology-share-price-fall-today-2026\/#How_does_DEVIT_compare_with_IT_peers\" title=\"How does DEVIT compare with IT peers?\">How does DEVIT compare with IT peers?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/why-dev-information-technology-share-price-fall-today-2026\/#Should_investors_track_DEVIT_Share_Price_on_Univest\" title=\"Should investors track DEVIT Share Price on Univest?\">Should investors track DEVIT Share Price on Univest?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Dev_Information_Technology_DEVIT_Share_Price_Today_Price_Action_Analysis\"><\/span><strong>Dev Information Technology (DEVIT) Share Price Today: Price Action Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<thead>\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Current Price<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 17.38<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Previous Close<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 19.69<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Today&#39;s Move<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">-Rs 2.31 (-11.73%)<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Open<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 20.29<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>High<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 20.29<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Low<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 17.38<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 112.21 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Cap Category<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Micro Cap<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>DEVIT Share Price Today shows a clear intraday decline. The stock last traded at Rs 17.38, below the previous close of Rs 19.69 by Rs 2.31, or 11.73%. It opened at Rs 20.29, matched the day\u2019s high at Rs 20.29, and then moved down to the day\u2019s low of Rs 17.38. The market capitalisation of Rs 112.21 crore places Dev Information Technology in the Micro Cap category, which is the correct size context for this move. For readers following DEVIT Share Price Live, the day structure matters because the stock moved from the opening level to the lowest point of the day without any verified company-specific explanation. That keeps the discussion firmly on observed price action rather than speculation. As of 21 October 2026 at 11:53:17 AM IST, the decline remains the main market event, and the next layer of analysis is the fundamental setup behind DEVIT Share Price.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Dev_Information_Technology_DEVIT_Fundamental_Analysis\"><\/span><strong>Dev Information Technology (DEVIT) Fundamental Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<thead>\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 112.21 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>P\/E Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">1.48x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>P\/B Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">1.02x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">85.8%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">86.51%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>EPS<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 13.29<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Book Value Per Share<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 19.31<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Dividend Yield<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">0.51%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Dev Information Technology (DEVIT) fundamental metrics show P\/E 1.48x, P\/B 1.02x, ROE 85.8%, ROCE 86.51%. These ratios show where the company stands today and are not a call to buy or sell.<\/p>\n<p>Dev Information Technology has a market capitalisation of Rs 112.21 crore and falls in the Micro Cap category, which gives readers a sense of company size before judging valuation. On valuation, P\/E at 1.48x, P\/B at 1.02x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 85.8% and ROCE of 86.51%, helping investors compare shareholder returns and capital efficiency. According to latest Univest data, additional metrics include EPS of Rs 13.29, book value per share of Rs 19.31, dividend yield of 0.51%, adding context to earnings, balance-sheet value and historical payout. Against the latest Univest same industry benchmark, these figures can be compared with benchmark median P\/E of 21.98x, median ROE of 10.61%, median ROCE of 12.83%. Together they describe the fundamental backdrop without implying a buy or sell view.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Sector_and_Industry_Context\"><\/span><strong>Sector and Industry Context<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<thead>\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Sector<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">IT<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Industry<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">IT &#8211; Software<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Scope<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">same industry<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company P\/E Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">1.48x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median P\/E<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">21.98x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average P\/E<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">48.56x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark P\/E Range<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">1.48x to 1,528.39x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company P\/B Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">1.02x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median P\/B<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">1.88x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average P\/B<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">4.93x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">85.8%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">10.61%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">-0.51%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">86.51%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">12.83%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">12.82%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 112.21 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median Market Cap<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 229.93 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average Market Cap<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 12,421.33 crore<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Dev Information Technology (DEVIT) operates in the IT sector, within the IT &#8211; Software industry.<\/p>\n<p>Dev Information Technology (DEVIT) has a P\/E ratio of 1.48x, which is below the benchmark median of 21.98x, a difference of -93.27%. A P\/E difference of this kind is a reference point rather than a recommendation.<\/p>\n<p>Dev Information Technology (DEVIT) has a ROE of 85.8%, which is above the benchmark median of 10.61%, a difference of +708.67%. Dev Information Technology (DEVIT) has a ROCE of 86.51%, which is above the benchmark median of 12.83%, a difference of +574.28%.<\/p>\n<p>Track stocks among today&#39;s decliners through the <a href=\"https:\/\/univest.in\/screeners\/top-decliners\">Univest top decliners screener<\/a>. The peer table below provides the company-level comparison.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Peer_Comparison\"><\/span><strong>Peer Comparison<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<thead>\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Company<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Symbol<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Market Cap (Cr)<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">P\/E<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">P\/B<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">ROE (%)<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">ROCE (%)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/tcs\/tata-consultancy-services-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Tata Consultancy Services<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">TCS<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">8,90,411.34<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">17.25<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">7.48<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">49.11<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">66.25<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/infy\/infosys-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Infosys<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">INFY<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">4,58,585.25<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">15.14<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">4.63<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">31.68<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">42.84<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/hcltech\/hcl-technologies-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>HCL Technologies<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">HCLTECH<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">3,73,671.68<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">20.4<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">4.91<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">23.13<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">31.2<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/wipro\/wipro-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Wipro<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">WIPRO<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1,80,273.1<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">13.68<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">2.28<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">15.71<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">18.49<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/techm\/tech-mahindra-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Tech Mahindra<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">TECHM<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1,74,280.46<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">31.54<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">5.86<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">17<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">23.04<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Dev Information Technology (DEVIT) has a P\/E ratio of 1.48x compared with the displayed peer median of 17.25x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 85.8% compares with a peer median of 23.13% across the companies shown in the table. ROCE stood at 86.51% versus the displayed peer median of 31.2%, providing a capital-efficiency comparison. Dev Information Technology (DEVIT) has a market capitalisation of Rs 112.21 crore. All 5 peers shown have a larger market capitalisation.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Investors_Are_Watching_Dev_Information_Technology\"><\/span><strong>Why Investors Are Watching Dev Information Technology<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>DEVIT Share Price fell 11.73% today, with the stock last traded at Rs 17.38 versus the previous close of Rs 19.69.<\/li>\n<li>The day\u2019s range was tight on the upside, with the stock opening and touching the high at Rs 20.29 before moving lower.<\/li>\n<li>DEVIT Share Price carries a P\/E of 1.48 and a P\/B of 1.02, both below the broader IT benchmark medians.<\/li>\n<li>ROE of 85.8% and ROCE of 86.51% remain well above the same-industry medians in the sector snapshot.<\/li>\n<li>DEVIT Share Price sits in the Micro Cap category with a market capitalisation of Rs 112.21 crore, which adds size context to the move.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"About_Dev_Information_Technology\"><\/span><strong>About Dev Information Technology<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Dev Information Technology operates in the IT &#8211; Software industry within the IT sector. The company is part of a Micro Cap universe and is tracked by Univest for DEVIT Share Price, market capitalisation and valuation context. The available financial profile points to a software business with earnings, book value and yield metrics that matter to investors following DEVIT Share Price News. The company\u2019s current market profile is defined by its listed equity metrics: low P\/E, near-book P\/B, strong ROE and ROCE, and a small market capitalisation compared with larger IT peers. That combination gives DEVIT Share Price a distinct place in the broader software universe.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Track_DEVIT_Share_Price_on_Univest\"><\/span><strong>Track DEVIT Share Price on Univest<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Use <a href=\"https:\/\/univest.in\/stocks\/devit\/dev-information-technology-ltd-share-price-today\">Dev Information Technology (DEVIT) live share-price page<\/a>, <a href=\"https:\/\/univest.in\/screeners\/top-decliners\">Univest top decliners screener<\/a>, <a href=\"https:\/\/univest.in\/blogs\">Univest market blogs<\/a> to review live stock data, top decliners and related market analysis.<\/p>\n<p>Investors tracking DEVIT Share Price can follow the live quote, market capitalisation, P\/E ratio, P\/B ratio, ROE, ROCE, EPS, book value, dividend yield and 52-week levels on Univest. The platform also keeps DEVIT Share Price Today in context with sector and peer comparisons, helping readers follow the stock with a structured fundamental lens.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> 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 Uniresearch Global Pvt. Ltd. (Research Analyst, SEBI Reg. No. INH000013776, a subsidiary of Univest Communication Technologies Private Limited).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Why_is_DEVIT_Share_Price_falling_today\"><\/span><strong>Why is DEVIT Share Price falling today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;DEVIT Share Price fell 11.73% to Rs 17.38 from Rs 19.69. The price move is confirmed in Univest data; a company-specific reason has not been established. The move is an observed intraday decline.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_DEVIT_Share_Price_today\"><\/span><strong>What is DEVIT Share Price today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;DEVIT Share Price today is Rs 17.38. It was down Rs 2.31, or 11.73%, from the previous close. The stock opened at Rs 20.29 and touched the same level as the day\u2019s high.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_market_capitalisation_of_DEVIT\"><\/span><strong>What is the market capitalisation of DEVIT?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;Dev Information Technology has a market capitalisation of Rs 112.21 crore. That places DEVIT Share Price in the Micro Cap category, which is the correct size context for the company\u2019s current market profile.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_DEVIT_compare_on_valuation\"><\/span><strong>How does DEVIT compare on valuation?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;DEVIT Share Price reflects a P\/E of 1.48 and a P\/B of 1.02. Both are below the same-industry medians of 21.98 and 1.88, so the stock trades at a much lower multiple than the broader IT peer set.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_do_ROE_and_ROCE_show_for_DEVIT\"><\/span><strong>What do ROE and ROCE show for DEVIT?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;DEVIT Share Price is backed by ROE of 85.8% and ROCE of 86.51%. Both are above the benchmark medians of 10.61% and 12.83%, which makes the return profile notable within the IT industry snapshot.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_EPS_and_book_value_for_DEVIT\"><\/span><strong>What are the EPS and book value for DEVIT?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;DEVIT Share Price is associated with EPS of Rs 13.29 and book value of Rs 19.31. EPS shows earnings attributable to each share, while book value shows the accounting net worth behind each share.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_DEVIT_compare_with_IT_peers\"><\/span><strong>How does DEVIT compare with IT peers?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;DEVIT Share Price is linked to a P\/E of 1.48, while peers such as TCS, Infosys and HCL Technologies trade at 17.25, 15.14 and 20.4 respectively. Its valuation is much lower than the listed peer set.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Should_investors_track_DEVIT_Share_Price_on_Univest\"><\/span><strong>Should investors track DEVIT Share Price on Univest?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;Yes, DEVIT Share Price can be tracked on Univest for live price, market capitalisation, key ratios and sector context. The platform also helps readers follow DEVIT Stock News and DEVIT Share Price Today in one place.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Why is DEVIT Share Price falling today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"DEVIT Share Price fell 11.73% to Rs 17.38 from Rs 19.69. The price move is confirmed in Univest data; a company-specific reason has not been established. The move is an observed intraday decline.\"}},{\"@type\":\"Question\",\"name\":\"What is DEVIT Share Price today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"DEVIT Share Price today is Rs 17.38. It was down Rs 2.31, or 11.73%, from the previous close. 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Its valuation is much lower than the listed peer set.\"}},{\"@type\":\"Question\",\"name\":\"Should investors track DEVIT Share Price on Univest?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Yes, DEVIT Share Price can be tracked on Univest for live price, market capitalisation, key ratios and sector context. The platform also helps readers follow DEVIT Stock News and DEVIT Share Price Today in one place.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Dev Information Technology Share Price fell 11.73% to Rs 17.38 today. Market cap stands at Rs 112.21 crore.<\/p>\n","protected":false},"author":35,"featured_media":319443,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[],"class_list":["post-319446","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["319443"],"rank_math_title":["Dev Information Technology Share Price Falls on Low P\/E"],"rank_math_description":["DEVIT Share Price fell 11.73% to Rs 17.38. See price action, valuation ratios, sector benchmark context and peer comparison."],"rank_math_focus_keyword":["DEVIT Share Price"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/Dev_Information_Technology_DEVIT_Share_Price_Falls_1173_What_Dragged_DEVIT_Today_bearish.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/319446","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=319446"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/319446\/revisions"}],"predecessor-version":[{"id":319448,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/319446\/revisions\/319448"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/319443"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=319446"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=319446"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=319446"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}