Dev IT bags new order for development of web application; stock marginally up

17 Jun 2022 , 09:18 AM

Dev Information Technology has received an order from Gujarat State Seed Certification Agency for the Designing, Development, and Maintenance of a Web application which will work as Citizen centric Web Portal for GSSCA.

It will provide self-registration for farmers or through the seed-producing agency of the respective district.

The order is for a fixed price of Rs46 lakh and is to be completed within a period of 3 years.

This order does not fall within related party transactions.

This is the second order received by Dev IT this month. In June itself, it has bagged another order worth Rs2.52 crore from RajKisan Saathi.

Dev IT is currently trading at Rs159.90, up by 0.49% against its previous close of Rs159.15 on NSE. It opened at Rs158.75, and touched intraday high and low of Rs161.90 and Rs151.20 respectively.