
Dev Information Technology (DEVIT) Share Price Near All-Time Low After 4.55% Drop
Updated: 8 Oct 2026 • 11:24 am
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DEVIT Share Price was trading at Rs 19.11, down 4.55% from the previous close, and remained near its all-time low zone as the company’s market capitalisation stood at Rs 119.16 crore. Dev Information Technology Ltd. opened at Rs 20.45, touched a high of Rs 21 and a low of Rs 19.11, with the latest price action keeping DEVIT Share Price in focus for traders tracking DEVIT Share Price Today and DEVIT Stock News.
The latest Univest data confirms the near all-time low event but does not establish a company-specific catalyst. What is clear is that DEVIT Share Price is under visible selling pressure, with the move taking the stock below the prior close and back to the day’s low. For readers following DEVIT Share Price Today, the combination of weak price action, a small market cap and a low P/E ratio makes the stock relevant for stock analysis, fundamental analysis and sector comparison. Investors watching DEVIT Share Price News will also want to note how far the stock is trading below its 50-day and 200-day moving averages.
DEVIT Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 19.11 |
| Previous Close | Rs 20.02 |
| Today's Move | Rs -0.91 (-4.55%) |
| Open | Rs 20.45 |
| High | Rs 21 |
| Low | Rs 19.11 |
| Market Capitalisation | Rs 119.16 crore |
Dev Information Technology Ltd. (DEVIT) traded at Rs 19.11 versus the previous close of Rs 20.02, a fall of 4.55%. The stock opened at Rs 20.45, reached a high of Rs 21, touched a low of Rs 19.11.
DEVIT Share Price Today reflected a sharp intraday decline rather than a broad recovery attempt. The stock was trading at Rs 19.11, compared with the previous close of Rs 20.02, after opening at Rs 20.45. It touched a high of Rs 21 and a low of Rs 19.11, which means the latest price action traded at the lower end of the day’s range. The decline of Rs 0.91, or 4.55%, pushed DEVIT Share Price back toward its near all-time low area while the market capitalisation stayed at Rs 119.16 crore.
For those tracking DEVIT Share Price Live, the key point is that the stock failed to hold the opening level and quickly moved into weaker territory. DEVIT Share Price Update matters because the latest move shows continued pressure around lower price zones, which can keep DEVIT Stock News active in 52 Week Low Stocks and Stocks at 52 Week Low screens. The next layer of analysis is whether this weakness is being supported by broader valuation and financial data.
Dev Information Technology Ltd. (DEVIT) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 119.16 crore |
| P/E Ratio | 1.51x |
| P/B Ratio | 1.04x |
| ROE | 85.8% |
| ROCE | 86.51% |
| EPS | Rs 13.29 |
| Book Value Per Share | Rs 19.31 |
| Dividend Yield | 0.5% |
Dev Information Technology Ltd. (DEVIT) fundamental metrics show P/E 1.51x, P/B 1.04x, 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 119.16 crore, which gives readers a sense of company size before judging valuation. On valuation, P/E at 1.51x, P/B at 1.04x 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 0.5%, 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 22.24x, 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 | 1.51x |
| Benchmark Median P/E | 22.24x |
| Benchmark Average P/E | 53.19x |
| Benchmark P/E Range | 1.51x to 1,359.92x |
| Company P/B Ratio | 1.04x |
| Benchmark Median P/B | 1.98x |
| Company ROE | 85.8% |
| Benchmark Median ROE | 10.78% |
| Company ROCE | 86.51% |
| Benchmark Median ROCE | 13.03% |
| Company Market Capitalisation | Rs 119.16 crore |
| Benchmark Median Market Cap | Rs 236.99 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 1.51x, which is below the benchmark median of 22.24x, a difference of -93.21%. 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 10.78%, a difference of +695.92%. Dev Information Technology Ltd. (DEVIT) has a ROCE of 86.51%, which is above the benchmark median of 13.03%, a difference of +563.93%.
Track stocks falling to lifetime 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 (%) |
|---|---|---|---|---|---|---|
| Tata Consultancy Services Ltd. | TCS | 7,59,074.76 | 15.14 | 6.25 | 49.11 | 66.25 |
| Infosys Ltd. | INFY | 4,11,103.42 | 13.29 | 4.06 | 31.68 | 42.84 |
| HCL Technologies Ltd. | HCLTECH | 3,26,209.68 | 18.44 | 4.05 | 23.13 | 31.2 |
| Wipro Ltd. | WIPRO | 1,59,966.19 | 11.94 | 2.09 | 15.71 | 18.49 |
| Tech Mahindra Ltd. | TECHM | 1,47,317.91 | 28.42 | 4.72 | 17 | 23.04 |
Dev Information Technology Ltd. (DEVIT) has a P/E ratio of 1.51x compared with the displayed peer median of 15.14x. 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 Ltd. (DEVIT) has a market capitalisation of Rs 119.16 crore. Among the 5 peers shown, 5 have a larger market capitalisation.
Why Investors Are Watching DEVIT
- DEVIT Share Price is trading near its all-time low zone, which keeps it visible in Stocks in News and Top Losers Today screens.
- The day’s price action showed a 4.55% fall, with the stock finishing the move at the lower end of the intraday range.
- DEVIT Share Price Today looks lower-valued on P/E and P/B, but the market is still discounting the stock.
- ROE of 85.8% and ROCE of 86.51% keep the fundamental discussion active despite weak price action.
- The IT sector benchmark places DEVIT Share Price below the industry median on valuation, which is useful for Sector Analysis and Peer Comparison.
About Dev Information Technology
Dev Information Technology Ltd. operates in the IT – Software space within the IT sector. The company is part of the Indian listed technology universe and is followed for its software-related business profile, financial ratios and small-cap market position. DEVIT Share Price therefore appeals to investors who track company-specific operating quality alongside valuation, especially when comparing smaller technology names with large-cap IT peers.
On the latest Univest figures, DEVIT Share Price is supported by EPS of Rs 13.29, book value of Rs 19.31 and dividend yield of 0.5%. Those numbers help explain why the stock appears on Univest screens for Share Price Live, Stock Performance, Market Cap and Financial Analysis searches. For readers checking DEVIT Latest News, the company remains a compact IT name whose market behaviour can differ sharply from the broader index-style technology leaders.
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.
Users can track DEVIT Share Price on Univest for live price movement, technical indicators, fundamental ratios, shareholding pattern, all-time levels and market insights. Univest brings DEVIT Share Price Today, DEVIT Stock News and DEVIT Share Price Update into one place so investors can follow price action, valuation and sector context together. It is a practical way to monitor DEVIT Company News without relying on scattered market snippets.
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 falling today?
Ans. DEVIT Share Price was down 4.55% to Rs 19.11 and moved to the lower end of the day’s range. Latest Univest data confirms the price event, but it does not establish a company-specific catalyst.
What is DEVIT Share Price today?
Ans. DEVIT Share Price was trading at Rs 19.11, compared with the previous close of Rs 20.02. The stock opened at Rs 20.45 and touched a high of Rs 21 during the trading day.
Is DEVIT Share Price near its all-time low?
Ans. Yes, DEVIT Share Price was trading near its all-time low zone based on the event flag. The stock’s latest move kept it in focus for traders tracking 52 Week Low Stocks and Stocks at 52 Week Low.
What does DEVIT Share Price valuation show?
Ans. DEVIT Share Price is backed by a P/E of 1.51 and a P/B of 1.04. Those figures are below the IT industry medians, which places the stock in a low-valuation bracket versus many peers.
How strong are DEVIT Share Price fundamentals?
Ans. DEVIT Share Price is supported by ROE of 85.8%, ROCE of 86.51%, EPS of Rs 13.29 and book value of Rs 19.31. The numbers suggest strong return metrics despite weak near-term price action.
How does DEVIT compare with IT peers?
Ans. DEVIT Share Price trades at a much smaller market capitalisation than large IT peers such as TCS and Infosys. Its valuation is also lower, while its return ratios are stronger than several companies in the comparison set.
What is the market capitalisation of Dev Information Technology?
Ans. Dev Information Technology has a market capitalisation of Rs 119.16 crore. That places DEVIT Share Price well below the sector median market size in the same industry benchmark. The company operates in the IT sector.
What should investors monitor next in DEVIT Share Price?
Ans. Investors should monitor whether DEVIT Share Price can stabilise above the day’s low and how the stock behaves around its moving averages. The valuation gap versus the sector and the strong return ratios also remain relevant.
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