
Dev Information Technology (DEVIT) Share Price Near 52-Week Low as DEVIT Trades Below Key Averages
Updated: 9 Oct 2026 • 3:24 pm
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DEVIT Share Price is trading at Rs 19.83, up Rs 0.41 or 2.11%, while staying near its 52-week low and carrying a market capitalisation of Rs 114.09 crore. The latest Univest data keeps Dev Information Technology Ltd. in focus because the stock is close to its yearly low even after today’s bounce, which makes price action, valuation and sector context more relevant for investors tracking DEVIT Share Price Today.
At 3:23 PM IST, DEVIT Share Price moved between Rs 19.20 and Rs 20.50, with the day open also at Rs 19.20 and the previous close at Rs 19.42. The move shows that buying interest has emerged after an early soft start, but the stock still sits close to its 52-week low zone. Univest confirms the price event, while the latest data does not establish a company-specific catalyst for why the stock is drawing attention today. For searchers following DEVIT Stock News, the combination of a low market cap, a sub-2 PE and a weak RSI explains why the name is appearing in stock news screens. The next key watchpoint is whether price action can improve relative to its 50DMA and 200DMA, both of which remain above the current level.
DEVIT Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 19.83 |
| Previous Close | Rs 19.42 |
| Today's Move | +Rs 0.41 (+2.11%) |
| Open | Rs 19.2 |
| High | Rs 20.5 |
| Low | Rs 19.2 |
| Market Capitalisation | Rs 114.09 crore |
Dev Information Technology Ltd. (DEVIT) traded at Rs 19.83 versus the previous close of Rs 19.42, a rise of 2.11%. The stock opened at Rs 19.2, reached a high of Rs 20.5, touched a low of Rs 19.2.
DEVIT Share Price Today shows a modest recovery from the previous close, but the broader setup remains weak because the stock is still near its 52-week low. DEVIT Share Price at Rs 19.83 compares with the previous close of Rs 19.42, marking a gain of Rs 0.41 or 2.11%. The stock opened at Rs 19.20, touched a high of Rs 20.50 and a low of Rs 19.20 during the market hours captured in the latest Univest check.
That range suggests the stock is attempting to stabilise after trading near the lower end of its recent band. DEVIT Share Price also remains below the 50DMA of Rs 23.03 and the 200DMA of Rs 26.38, which keeps the price structure under pressure even after today’s rise. On a market-cap basis, DEVIT Share Price reflects a small company at Rs 114.09 crore, so even modest moves can stand out in stock market today screens. For readers searching DEVIT Share Price Update or DEVIT Share Price Live, the main takeaway is simple: price has improved intraday, but the longer trend still needs stronger confirmation.
Dev Information Technology Ltd. (DEVIT) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 114.09 crore |
| P/E Ratio | 1.46x |
| P/B Ratio | 1.01x |
| ROE | 85.8% |
| ROCE | 86.51% |
| EPS | Rs 13.29 |
| Book Value Per Share | Rs 19.31 |
| Dividend Yield | 0.51% |
Dev Information Technology Ltd. (DEVIT) fundamental metrics show P/E 1.46x, P/B 1.01x, ROE 85.8%, ROCE 86.51%. These figures provide context only and are not a buy or sell signal.
Dev Information Technology Ltd. has a market capitalisation of Rs 114.09 crore, which gives readers a sense of company size before judging valuation. On valuation, P/E at 1.46x, P/B at 1.01x 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 15.46x, median ROE of 10.89%, median ROCE of 13.25%. 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 | 1.46x |
| Benchmark Median P/E | 15.46x |
| Benchmark Average P/E | 41.35x |
| Benchmark P/E Range | 0x to 1,387.12x |
| Company P/B Ratio | 1.01x |
| Benchmark Median P/B | 1.96x |
| Company ROE | 85.8% |
| Benchmark Median ROE | 10.89% |
| Company ROCE | 86.51% |
| Benchmark Median ROCE | 13.25% |
| Company Market Capitalisation | Rs 114.09 crore |
| Benchmark Median Market Cap | Rs 242.99 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 1.46x, which is below the benchmark median of 15.46x, a difference of -90.56%. 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 85.8%, which is above the benchmark median of 10.89%, a difference of +687.88%. Dev Information Technology Ltd. (DEVIT) has a ROCE of 86.51%, which is above the benchmark median of 13.25%, a difference of +552.91%.
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 (%) |
|---|---|---|---|---|---|---|
| Cranes Software International Ltd. | CRANESSOFT | 118.63 | 0 | -0.13 | 0 | 0 |
| Globalspace Technologies Ltd. | GSTL | 119.13 | 35.38 | 2.17 | -3.61 | -2.01 |
| Elnet Technologies Ltd. | ELNET | 119.22 | 5.91 | 0.66 | 11.88 | 15.36 |
| WEP Solutions Ltd. | WEPSOLN | 120.1 | 63.72 | 1.86 | 3.28 | 6.21 |
| Emiac Technologies Ltd. | EMIAC | 102.55 | 28.35 | 2.13 | 81.6 | 111.21 |
Dev Information Technology Ltd. (DEVIT) has a P/E ratio of 1.46x compared with the displayed peer median of 28.35x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 85.8% compares with a peer median of 3.28% across the companies shown in the table. ROCE stood at 86.51% versus the displayed peer median of 6.21%, providing a capital-efficiency comparison. Dev Information Technology Ltd. (DEVIT) has a market capitalisation of Rs 114.09 crore. Among the 5 peers shown, 4 have a larger market capitalisation.
Why Investors Are Watching DEVIT
- DEVIT Share Price is near its 52-week low, which keeps it on 52 Week Low Stocks and Stocks at 52 Week Low screens.
- The stock is still below its 50DMA of Rs 23.03 and 200DMA of Rs 26.38, so price action remains weak despite the intraday rise.
- RSI at 22.64 signals weak momentum, which places the name in oversold stocks conversations without implying a reversal.
- Low PE of 1.46 and PB of 1.01 keep DEVIT Stock Analysis tied to valuation-based market interest.
- ROE of 85.8% and ROCE of 86.51% make the fundamentals stand out versus the same-industry benchmark.
About DEVIT
Dev Information Technology Ltd. operates in the IT – Software industry and belongs to the IT sector. The company is known in the Indian stock market for its software and technology services profile, and DEVIT Share Price is now drawing attention because the latest market data places it close to a one-year low. With a market cap of Rs 114.09 crore, the company sits in the small-cap bracket, where price movements can be more visible in day-to-day market news.
For readers tracking DEVIT Company News or DEVIT Latest News, the main business context is that the company is a listed technology services player in a highly benchmarked industry where valuation, return ratios and relative market size matter a great deal. Univest tracks such names because the combination of sector context, financial ratios and share price behaviour can help investors understand why a stock appears on market movers lists. DEVIT Share Price therefore matters not only as a quote on the screen, but also as a reflection of how the market is pricing a small IT business within a broad and competitive peer set.
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.
Investors can track DEVIT Share Price on Univest for live share price tracking, technical indicators, fundamental ratios, shareholding pattern context, 52-week levels and market insights. Univest also helps readers follow DEVIT Share Price Today, DEVIT Stock News and DEVIT Share Price Update in one place, which makes it easier to monitor price action alongside valuation and industry comparison.
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 Uniresearch Global Pvt. Ltd. (Research Analyst, SEBI Registration Number INH000013776), a subsidiary of Univest Communication Technologies Private Limited.
Frequently Asked Questions
Why is DEVIT Share Price near a 52-week low?
Ans. DEVIT Share Price is near its 52-week low because it is trading below its 50DMA and 200DMA, while RSI remains weak at 22.64. Univest data confirms the price event, but not a company-specific catalyst.
What is DEVIT Share Price Today?
Ans. DEVIT Share Price Today is Rs 19.83, up Rs 0.41 or 2.11% from the previous close of Rs 19.42. The stock traded between Rs 19.20 and Rs 20.50 during the latest market check.
What does DEVIT Share Price tell investors right now?
Ans. DEVIT Share Price shows a weak broader trend despite today’s rise, because it remains near the yearly low and below key moving averages. The market cap is Rs 114.09 crore.
Is DEVIT a value stock based on valuation?
Ans. DEVIT Share Price looks lower-valued on PE at 1.46 and PB at 1.01 versus the same-industry medians of 15.46 and 1.96. Investors should still weigh the broader business and sector context.
How strong is DEVIT’s profitability?
Ans. DEVIT Share Price is supported by strong profitability ratios, with ROE at 85.8% and ROCE at 86.51%. EPS is Rs 13.29 and book value per share is Rs 19.31. ROE stands at 85.8%.
How does DEVIT compare with industry peers?
Ans. DEVIT Share Price compares well on valuation and returns against several peers in IT – Software. Its PE is below Elnet Technologies, WEP Solutions and Globalspace Technologies, while ROE and ROCE are stronger than many listed peers.
What is DEVIT’s market capitalisation?
Ans. DEVIT Share Price corresponds to a market capitalisation of Rs 114.09 crore. That places the company in the small-cap range within the IT sector and keeps price moves visible on market screens.
Should investors track DEVIT Share Price on Univest?
Ans. Yes, investors can track DEVIT Share Price on Univest for live updates, valuation ratios, shareholding pattern context and 52-week levels. It helps combine market news with technical and fundamental analysis.
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