Dev IT Secures Key Gujarat Government Order, Stock Up! 🚀

Big news from the tech sector! Dev Information Technology Limited (DEVIT) just announced a significant win that’s got investors buzzing.

The company has secured a prestigious order from Gujarat Informatics Limited (GIL), the nodal IT entity for the Government of Gujarat. This isn’t just any contract; it involves deploying a comprehensive Microsoft Office suite – think advanced office automation tools – directly at the Chief Minister’s Office of Gujarat Government. The goal? To supercharge their analytical and review capabilities for reports. 📊

Valued at approximately ₹65 lakh, this fixed-cost project is set to be completed within an ambitious six-month timeline. It’s a domestic contract, reinforcing DEVIT’s strong presence in the Indian government’s digital transformation initiatives.

The market certainly took notice, with DEVIT’s stock trading at ₹44.83, up a healthy 3.5% following the announcement. This kind of government contract often signals stability and future growth potential for IT service providers.

For DEVIT, this order from a key government entity like GIL underscores its expertise and strengthens its position in the public sector. Keep an eye on how this project unfolds! ✨

source: Corporate Announcement

Join our Telegram for instant updates!