Dev Information Technology Ltd (DEVIT) News & Corporate Actions | Announcements, Board Meetings, Splits, Bonuses, Rights Issues

{ "main_header": { "sid": 1002748, "name": "Dev Information", "stock_name": "Dev Information", "full_name": "Dev Information Technology Ltd", "name_url": "stocks-analysis/dev-information", "exchange": 1, "exchangecode": "", "primexch": 1, "country_id": 34, "currency": "INR", "cmp": "27.83", "chg": -0.32, "chgp": "-1.14%", "dir": -1, "prev_price": "28.15", "mcapval": "160.00 Cr", "mcap": "Micro Cap", "scripcode": 543462, "symbol": "DEVIT", "ind_name": "Computers - Software & Consulting", "ind_code": 57, "sector_id": 14, "indexname": "India SENSEX", "isin": "INE060X01034", "curr_date": "Jun 16, 03:30 PM", "curr_time": "18:42 PM", "last_traded_at": "Jun 16, 03:30 PM IST", "bse_nse_vol": "30.76 k", "exc_status": "Active", "traded_date": "Jun 16, 2026", "traded_date_str": "2026 06 16", "score": "", "scoreText": "", "Live": 0, "market_time": 0, "is_blur": 1, "is_blur_class": "blur-registerF-score-header", "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/dev-information-1002748-1&utm_source=Spage_Header_Score", "mojoone": { "ismore": 0 } }, "news": { "results": [ { "title": "Dev Information Technology Ltd Downgraded to Strong Sell Amid Deteriorating Fundamentals and Technicals", "link": "https://www.marketsmojo.com/news/stock-recommendation/dev-information-technology-ltd-downgraded-to-strong-sell-amid-deteriorating-fundamentals-and-technicals-4053673", "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/DevInformationT_mojoScore_4053673.png", "date": "2026-06-15 08:14:09", "description": "Dev Information Technology Ltd has been downgraded from a Sell to a Strong Sell rating as of 12 June 2026, reflecting deteriorating fundamentals and increasingly negative technical indicators. The micro-cap software and consulting firm has seen a marked decline in financial performance, promoter confidence, and technical momentum, prompting a reassessment of its investment appeal." }, { "title": "Dev Information Technology Ltd is Rated Strong Sell", "link": "https://www.marketsmojo.com/news/stock-recommendation/dev-information-technology-ltd-is-rated-strong-sell-4052704", "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/DevInformationT_mojoScore_4052704.png", "date": "2026-06-14 10:10:41", "description": "Dev Information Technology Ltd is rated Strong Sell by MarketsMOJO, with this rating last updated on 12 June 2026. However, the analysis and financial metrics discussed here reflect the company’s current position as of 14 June 2026, providing investors with the latest insights into the stock’s performance and outlook." }, { "title": "Dev Information Technology Ltd Reports Mixed Quarterly Results Amid Negative Financial Trend", "link": "https://www.marketsmojo.com/news/stocks-in-action/dev-information-technology-ltd-reports-mixed-quarterly-results-amid-negative-financial-trend-4044344", "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/DevInformationT_fintrenddot_4044344.png", "date": "2026-06-10 15:00:38", "description": "Dev Information Technology Ltd, a micro-cap player in the Computers - Software & Consulting sector, has reported its quarterly results for March 2026, reflecting a complex financial picture. While the company achieved record net sales and profit after tax (PAT) for the quarter, several key financial indicators reveal ongoing challenges, signalling a shift from a previously flat to a negative financial trend." }, { "title": "Dev Information Technology Ltd is Rated Strong Sell", "link": "https://www.marketsmojo.com/news/stock-recommendation/dev-information-technology-ltd-is-rated-strong-sell-4024209", "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/DevInformationT_mojoScore_4024209.png", "date": "2026-05-31 10:10:42", "description": "Dev Information Technology Ltd is rated Strong Sell by MarketsMOJO. This rating was last updated on 11 Feb 2026. However, the analysis and financial metrics discussed below reflect the company’s current position as of 31 May 2026, providing investors with the latest insights into the stock’s performance and outlook." }, { "title": "Are Dev Information Technology Ltd latest results good or bad?", "link": "https://www.marketsmojo.com/news/result-analysis/are-dev-information-technology-ltd-latest-results-good-or-bad-4023947", "imagepath": "", "date": "2026-05-30 19:53:56", "description": "Dev Information Technology Ltd's latest financial results for Q4 FY26 present a complex picture. The company reported a net profit of ₹9.09 crores, reflecting a significant year-on-year growth of 645.08% compared to the same quarter last year. This dramatic increase in net profit is noteworthy; however, it is essential to consider the context of the company's overall operational performance.\n\nRevenue for the quarter reached ₹53.87 crores, marking a modest year-on-year increase of 4.50%. While this indicates some level of sales growth, it is considerably lower than the previous year's growth rate of 18.67%. Furthermore, the sequential revenue growth of 22.04% from the previous quarter suggests a recovery in sales momentum, but it raises questions about the sustainability of this trend.\n\nOperating margins remained low at 5.38%, only slightly improved from 5.33% in the prior year. This marginal improvement hig..." }, { "title": "Dev Information Technology Drops 4.50%: Quarterly Profit Surge Overshadowed by Operational Challenges", "link": "https://www.marketsmojo.com/news/stocks-in-action/dev-information-technology-drops-450-quarterly-profit-surge-overshadowed-by-operational-challenges-4022851", "imagepath": "", "date": "2026-05-30 13:00:09", "description": " <div class=\"article-news-new\">\n <div class=\"article-container\">\n\n<div class=\"article-content\">\n <div class=\"highlight-box\">\n <h3>Key Events This Week</h3>\n <p><strong>25 May:</strong> Stock opens at Rs.29.29, declines 0.24% despite Sensex rally</p>\n <p><strong>26 May:</strong> Further dip to Rs.29.03 on subdued volume</p>\n <p><strong>27 May:</strong> Minor recovery to Rs.29.12 amid positive market sentiment</p>\n <p><strong>29 May:</strong> Sharp fall to Rs.28.04 following quarterly results release</p>\n </div>\n\n <div class=\"stats-row\">\n <div class=\"stat-item\"><div class=\"stat-label\">Week Open</div><div class=\"stat-value\">Rs.29.36</div></div>\n <div class=\"stat-item\"><div class=\"stat-label\">Week Close</div><div class=\"stat-v..." }, { "title": "Dev Information Technology Q4 FY26: Profit Surge Masks Operational Concerns", "link": "https://www.marketsmojo.com/news/result-analysis/dev-information-technology-q4-fy26-profit-surge-masks-operational-concerns-4022163", "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/DevInformationT_quaterlyResult_4022163.png", "date": "2026-05-29 16:40:31", "description": "Dev Information Technology Ltd. reported a consolidated net profit of ₹9.09 crores for Q4 FY26, marking a remarkable 645.08% year-on-year surge from ₹1.22 crores in Q4 FY25. However, the quarter-on-quarter picture tells a different story, with profits declining 225.03% from a loss of ₹7.27 crores in Q3 FY26. The stock, trading at ₹28.04 on the National Stock Exchange, has plunged 36.76% over the past year, significantly underperforming the Sensex's 8.40% decline." }, { "title": "Dev Information Technology Ltd Reports Flat Quarterly Performance Amid Mixed Financial Signals", "link": "https://www.marketsmojo.com/news/stocks-in-action/dev-information-technology-ltd-reports-flat-quarterly-performance-amid-mixed-financial-signals-4020366", "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/DevInformationT_fintrenddot_4020366.png", "date": "2026-05-29 11:03:25", "description": "Dev Information Technology Ltd has posted a flat financial performance for the quarter ended March 2026, signalling a stabilisation after a period of decline. While net sales and quarterly profit after tax (PAT) reached record highs, underlying margin pressures and a significant reliance on non-operating income continue to weigh on the company’s overall financial health." }, { "title": "When is the next results date for Dev Information Technology Ltd?", "link": "https://www.marketsmojo.com/news/result-analysis/when-is-the-next-results-date-for-dev-information-technology-ltd-4012207", "imagepath": "", "date": "2026-05-25 23:16:17", "description": "The next results date for Dev Information Technology Ltd is scheduled for 28 May 2026...." } ], "total": 6025, "sid": "1002748", "stock_news_url": "https://www.marketsmojo.com/news/dev-information-technology-1002748" }, "announcements": [ { "details": "Dev Information Technology Limited with respect to announcement dated 14-Nov-2019, regardingá Resignation of Mr Hiren Karsanbhai Patel as Non- Executive Independent Director of the company w.e.f. November 14, 2019.", "source": "NSE", "caption": "Dev Information Technology Limited - Clarification", "datetime": "03-Dec-2019" }, { "details": "Dev Information Technology Limited has informed the Exchange regarding Board meeting held on November 14, 2019.", "source": "NSE", "caption": "Dev Information Technology Limited - Outcome of Board Meeting", "datetime": "15-Nov-2019" }, { "details": "Dev Information Technology Limited has informed the Exchange regarding Credit Rating", "source": "NSE", "caption": "Dev Information Technology Limited - Credit Rating", "datetime": "25-Oct-2019" } ], "corporate_actions": [ { "img": "board-meeting.svg", "title": "BOARD MEETING", "msg": "<span>No</span> Upcoming Board Meetings", "data": [] }, { "img": "dividend.svg", "title": "DIVIDEND", "msg": "", "data": [ { "txt": "Dev Information Technology Ltd has declared <strong>5%</strong> dividend, ex-date: 23 Sep 25", "dt": "2025-09-23", "middle_text": "Dividend Alert" } ] }, { "img": "splits.svg", "title": "SPLITS", "msg": "", "data": [ { "txt": "Dev Information Technology Ltd has announced <strong>2:5</strong> stock split, ex-date: 21 Aug 25", "dt": "2025-08-21", "middle_text": "Split" } ] }, { "img": "bonus.svg", "title": "BONUS", "msg": "No <strong>Bonus</strong> history available", "data": [] }, { "img": "rights-issues.svg", "title": "RIGHTS", "msg": "No <strong>Rights</strong> history available", "data": [] } ] }

Key Events This Week

25 May: Stock opens at Rs.29.29, declines 0.24% despite Sensex rally

26 May: Further dip to Rs.29.03 on subdued volume

27 May: Minor recovery to Rs.29.12 amid positive market sentiment

29 May: Sharp fall to Rs.28.04 following quarterly results release

Week Open

Rs.29.36

Week Close

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Dev Information Technology Q4 FY26: Profit Surge Masks Operational Concerns

2026-05-29 16:40:31

Dev Information Technology Ltd. reported a consolidated net profit of ₹9.09 crores for Q4 FY26, marking a remarkable 645.08% year-on-year surge from ₹1.22 crores in Q4 FY25. However, the quarter-on-quarter picture tells a different story, with profits declining 225.03% from a loss of ₹7.27 crores in Q3 FY26. The stock, trading at ₹28.04 on the National Stock Exchange, has plunged 36.76% over the past year, significantly underperforming the Sensex's 8.40% decline.

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Dev Information Technology Ltd Reports Flat Quarterly Performance Amid Mixed Financial Signals

2026-05-29 11:03:25

Dev Information Technology Ltd has posted a flat financial performance for the quarter ended March 2026, signalling a stabilisation after a period of decline. While net sales and quarterly profit after tax (PAT) reached record highs, underlying margin pressures and a significant reliance on non-operating income continue to weigh on the company’s overall financial health.

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When is the next results date for Dev Information Technology Ltd?

2026-05-25 23:16:17

The next results date for Dev Information Technology Ltd is scheduled for 28 May 2026....

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