Dev Information Technology (DEVIT) Share Price Falls 11.73%: What Dragged DEVIT Today

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’s 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

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.

Dev Information Technology (DEVIT) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 17.38
Previous Close	Rs 19.69
Today's Move	-Rs 2.31 (-11.73%)
Open	Rs 20.29
High	Rs 20.29
Low	Rs 17.38
Market Capitalisation	Rs 112.21 crore
Market Cap Category	Micro Cap

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’s high at Rs 20.29, and then moved down to the day’s 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.

Dev Information Technology (DEVIT) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 112.21 crore
P/E Ratio	1.48x
P/B Ratio	1.02x
ROE	85.8%
ROCE	86.51%
EPS	Rs 13.29
Book Value Per Share	Rs 19.31
Dividend Yield	0.51%

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.

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.

Sector and Industry Context

Metric	Value
Sector	IT
Industry	IT – Software
Benchmark Scope	same industry
Company P/E Ratio	1.48x
Benchmark Median P/E	21.98x
Benchmark Average P/E	48.56x
Benchmark P/E Range	1.48x to 1,528.39x
Company P/B Ratio	1.02x
Benchmark Median P/B	1.88x
Benchmark Average P/B	4.93x
Company ROE	85.8%
Benchmark Median ROE	10.61%
Benchmark Average ROE	-0.51%
Company ROCE	86.51%
Benchmark Median ROCE	12.83%
Benchmark Average ROCE	12.82%
Company Market Capitalisation	Rs 112.21 crore
Benchmark Median Market Cap	Rs 229.93 crore
Benchmark Average Market Cap	Rs 12,421.33 crore

Dev Information Technology (DEVIT) operates in the IT sector, within the IT – Software industry.

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.

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%.

Track stocks among today's decliners through the Univest top decliners 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	TCS	8,90,411.34	17.25	7.48	49.11	66.25
Infosys	INFY	4,58,585.25	15.14	4.63	31.68	42.84
HCL Technologies	HCLTECH	3,73,671.68	20.4	4.91	23.13	31.2
Wipro	WIPRO	1,80,273.1	13.68	2.28	15.71	18.49
Tech Mahindra	TECHM	1,74,280.46	31.54	5.86	17	23.04

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.

Why Investors Are Watching Dev Information Technology

• DEVIT Share Price fell 11.73% today, with the stock last traded at Rs 17.38 versus the previous close of Rs 19.69.
• The day’s range was tight on the upside, with the stock opening and touching the high at Rs 20.29 before moving lower.
• DEVIT Share Price carries a P/E of 1.48 and a P/B of 1.02, both below the broader IT benchmark medians.
• ROE of 85.8% and ROCE of 86.51% remain well above the same-industry medians in the sector snapshot.
• 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.

About Dev Information Technology

Dev Information Technology operates in the IT – 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’s 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.

Track DEVIT Share Price on Univest

Use Dev Information Technology (DEVIT) live share-price page, Univest top decliners screener, Univest market blogs to review live stock data, top decliners and related market analysis.

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.

Frequently Asked Questions

Why is DEVIT Share Price falling today?

Ans. 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.

What is DEVIT Share Price today?

Ans. 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’s high.

What is the market capitalisation of DEVIT?

Ans. 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’s current market profile.

How does DEVIT compare on valuation?

Ans. 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.

What do ROE and ROCE show for DEVIT?

Ans. 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.

What are the EPS and book value for DEVIT?

Ans. 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.

How does DEVIT compare with IT peers?

Ans. 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.

Should investors track DEVIT Share Price on Univest?

Ans. 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.