Stock Price Movement and Volatility
On the day the stock hit Rs.25, it experienced notable intraday volatility of 21.32%, with a high of Rs.30.9 and a low of Rs.25, representing a 17.71% intraday rise from the low before closing at the bottom end. The stock’s day change was a decline of 4.76%, underperforming the Computers - Software & Consulting sector by 3.58%. This marks the fourth consecutive day of losses, during which the stock has fallen by 9.02% cumulatively.
Technical indicators show the stock trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling sustained bearish momentum. This technical positioning underscores the stock’s current weakness relative to its historical price trends.
Market Context and Benchmark Comparison
While Dev Information Technology Ltd’s stock has been declining, the broader market has shown resilience. The Nifty index closed at 25,713.00, up 0.55% (141.75 points) on the same day, remaining just 2.57% below its 52-week high of 26,373.20. The Nifty’s 50-day moving average remains above its 200-day moving average, indicating a generally positive medium-term market trend. Mega-cap stocks led the gains, contrasting with the micro-cap struggles faced by Dev Information Technology Ltd.
Over the past year, Dev Information Technology Ltd’s stock has delivered a negative return of -50.94%, significantly lagging the Sensex’s positive 10.60% gain over the same period. This consistent underperformance extends over the last three years, with the stock trailing the BSE500 index in each annual period.
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Financial Performance and Profitability Metrics
Dev Information Technology Ltd’s financial results have reflected considerable strain. The company reported a quarterly PAT loss of Rs. -7.27 crores, a decline of 520.2% compared to previous periods. Operating profit has contracted sharply, with a negative compound annual growth rate of -162.66% over the last five years. This deterioration in profitability has contributed to the stock’s weak performance and valuation pressures.
The company’s return on capital employed (ROCE) for the half-year stood at a low 7.36%, indicating limited efficiency in generating returns from its capital base. Cash and cash equivalents were reported at Rs.1.82 crores, the lowest level recorded in recent periods, which may constrain liquidity flexibility.
Valuation and Risk Assessment
From a valuation standpoint, the stock is considered risky relative to its historical averages. Over the past year, profits have fallen by 112.8%, while the stock price has declined by nearly 51%. This disconnect highlights the challenges the company faces in restoring earnings growth and investor confidence.
Despite these concerns, the company maintains a relatively strong ability to service its debt, with a Debt to EBITDA ratio of 1.33 times. This suggests manageable leverage levels, which may provide some stability amid earnings volatility.
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Mojo Score and Analyst Ratings
The company’s Mojo Score currently stands at 17.0, reflecting a Strong Sell rating. This is a downgrade from the previous Sell grade, which was revised on 11 Feb 2026. The Market Cap Grade is rated 4, indicating a relatively small market capitalisation compared to peers. These ratings underscore the cautious stance adopted by analysts based on the company’s recent financial and market performance.
Summary of Key Price and Performance Data
To summarise, Dev Information Technology Ltd’s stock has declined from a 52-week high of Rs.114.89 to a new low of Rs.25, representing a drop of over 78% within the year. The stock’s recent four-day losing streak and high intraday volatility highlight ongoing market uncertainty. Meanwhile, the company’s financial metrics reveal significant profit erosion and subdued returns on capital, contributing to the stock’s current valuation challenges.
While the broader market and sector indices have shown relative strength, Dev Information Technology Ltd’s performance remains subdued, reflecting company-specific factors impacting investor sentiment and price action.
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