Dev Information Technology Limited
Share Price Target & Analysis
NSE:DEVIT
VWAP
Open
Close
High
Low
52 Week High
7.71 (5.03%)
DEVIT
(Miscellaneous)Trending & Favourite
52 Week Low
EPS
PE
PB
Economical
Quality
Silver
Valuation
#Analysis
NSE: DEVIT Share Price Financial Analysis & Valuation
Dev Information Technology Limited (DEVIT) is broadly categorized in Miscellaneous segment industry which deals in Computers - Software vertical.
It is one of Penny Stocks company with Market Capitalization of Rs 0 (in Cr). Total number of free float shares are 0 (in Lacs).
Dev Information Technology Limited is listed on NSE with Exchange ID - INE060X01026 and trading code is NSE:DEVIT with short name Dev Information.
In the past 1 year, Dev Information Technology Limited has declared an equity dividend of Rs 0 per share. At the current share price of DEVIT at Rs 160.86, this results in a dividend yield of 0 %.
As per the Fundamental Analysis of NSE:DEVIT, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine DEVIT underlying value and future prospects. All of this data is available in DEVIT financial statements.
Quality of the Stock: As per the fundamental analysis of NSE:DEVIT, it is clearly understood that DEVIT is Economical performer in terms of earnings and profit margins with an EPS of 7.97. NSE:DEVIT book value per share as of today is 24.82. The current price to book ratio for DEVIT as of Nov 23, 2024 is 6.48.
Valuation of the Stock: The current valuation of DEVIT stock is like Silver which means currently the stock is at Premium. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of DEVIT whether to BUY this stock at current valuation. The delivery percentage of DEVIT is 46.88% is very crucial parameter which shows that 46.88% investors are anticipating that the price of DEVIT share should go up with VWAP at 162.73.
Now, the main question is whether to BUY or SELL, NSE:DEVIT at current valuation.
As per latest Analysis No. #219:-
⇑ STRONG BUY DEVIT if All Greens
⇗ BUY DEVIT (at Lower Levels) if any 2 Greens
⇒ NEUTRAL or HOLD DEVIT (With Stop Loss) if only 1 Green
⇘ SELL DEVIT if NO Green Indicator
NSE: DEVIT Share Price Today (Nov 23, 2024)
(Dev Information Technology Limited Daily Analysis on the basis of DEVIT Intraday Graph & Trend)
Dev Information Technology Limited share price moved Up by 5.03% from its previous close of Rs 153.15. DEVIT stock last traded price is 160.86. DEVIT share price trend is Up with a total of 919303 stocks traded till now. It has touched an intraday high of Rs 167.99 and an intraday low of Rs 156.01. The DEVIT trading at 160.86, Up by Rs. 7.71, or 5.03 percent which suggests that most of the Traders are anticipating that the price of DEVIT share should go Up.
NSE: DEVIT Share Price Tomorrow Prediction
(Dev Information Technology Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of DEVIT)
Dev Information Technology Limited share price moved Up by 5.03%. DEVIT share price short term trend is Up. It suggests that DEVIT Share Price for Tomorrow remains the same with VWAP at 162.73 will be treated as stop loss for intraday traders. Dev Information Technology Limited Long term investors can follow the DEVIT long term trend as mentiond in future forecast table.
NSE Code |
NSE: DEVIT |
DEVIT Share Price Today |
160.86 |
DEVIT Share Price Target Prediction for 2024 ^ |
130.8 - 178.9 |
DEVIT Share Price Target Prediction for 2025*^ |
178.9 - 190.5 |
DEVIT Share Price Target Prediction for 2026*^ |
190.5 - 203.8 |
DEVIT Share Price Target Prediction for 2027*^ |
214 |
DEVIT Share Price Target Prediction for 2028*^ |
220 |
DEVIT Share Price Target Prediction for 2030*^ |
240 |
DEVIT Current Book Value 2023 |
24.7 |
*Dev Information Technology Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^DEVIT share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.
DEVIT Technical Analysis
Candlestick Pattern: @160.47MA | Simple | Action S1 | Expo | Action E2 |
---|---|---|---|---|
MA_5 | 157.91 | BUY | 158.56 | BUY |
MA_12 | 151.74 | BUY | 153.22 | BUY |
MA_20 | 146.47 | BUY | 150.71 | BUY |
MA_32 | 149.14 | BUY | 147.52 | BUY |
MA_50 | 143.71 | BUY | 144.68 | BUY |
MA_100 | 138.68 | BUY | 139.67 | BUY |
MA_200 | 129.7 | BUY | 133.84 | BUY |
Trend Oscillators | Value | Action |
---|---|---|
Bollinger Bands | 146.47 | Uptrend |
MACD | 1.73 | BUY |
ADX | 31.1 | Strong Trend |
DMI (+/-) | 31.61 / 9.79 | Uptrend |
Momentum Oscillators | Value | Action |
---|---|---|
RSI | 58.8 | Neutral |
STOCHASTIC_K (Fast) | 48.23 | Neutral |
STOCHASTIC_D (Slow) | 41.26 | Neutral |
CCI | 122.99 | BUY |
PSAR | 141.11 | BUY |
TRUE RANGE | 22.96 | Neutral |
ATR | 11.04 | Neutral |
WILLIAMS R | -35.41 | Neutral |
TRIX | 0 | Neutral |
STOCHASTIC RSI K | 41.87 | Neutral |
STOCHASTIC RSI D | 47.29 | Neutral |
MOMENTUM | 9.91 | BUY |
Duration | Value |
---|---|
1 Year | 17.99% |
3 Months | 32.11% |
1 Month | 6.58% |
1 Week | 5.2% |
Action | Overall (%) |
---|---|
BUY | 70% |
NEUTRAL / HOLD | 30% |
SELL | 0% |
Most popular Questions & Answers about DEVIT
Dev Information Technology Limited stock last traded price is 160.86. DEVIT share price moved Up by 5.03% from its previous close of Rs 153.15.
Dev Information Technology Limited share price trend is Up with a total of 919303 stocks traded till now. It has touched an intraday high of Rs 179.7497 and an intraday low of Rs 156.01. The DEVIT trading at 160.86, Up by Rs. 7.71, or 5.03 percent which suggests that most of the Traders are anticipating that the price of DEVIT share should go Up and the Stop Loss will be around 162.73.
The market cap of Dev Information Technology Limited is ₹0 (in Cr) as of Nov 22, 2024.
The current price to earning ratio for Dev Information Technology Limited as of Nov 22, 2024 is 36.41.
The current price to book ratio for Dev Information Technology Limited as of Nov 22, 2024 is 6.48.
The highest price of Dev Information Technology Limited stock is ₹177.97 in the last 52-week.
The lowest price of Dev Information Technology Limited stock is ₹94 in the last 52-week.
Dev Information Technology Limited share trading at ₹160.86, Up by Rs. 7.71, or 5.03 percent which suggests that most of the traders are anticipating that the price of DEVIT share should go Up.
In 2023, Stock price target for Dev Information Technology Limited (DEVIT) are ₹130.8 on downside and ₹178.9 on upside. Dev Information Technology Limited share price target is based on current financial year earings of the company.
In 2024, Stock price target for Dev Information Technology Limited (DEVIT) are ₹178.9 on downside and ₹190.5 on upside. Dev Information Technology Limited share price target is based on forecasted future earnings of the company.
In 2025, Stock price target for Dev Information Technology Limited (DEVIT) are ₹190.5 on downside and ₹203.8 on upside. Dev Information Technology Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.
In next five years, Stock price target for Dev Information Technology Limited (DEVIT) will be around ₹220 Dev Information Technology Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of DEVIT.
The price of Dev Information Technology Limited (DEVIT) shares moved by 5.03%. The short-term trend for DEVIT share price is Up. It implies that the share price of DEVIT will stay the same tomorrow and that intraday traders should treat VWAP at 162.73 as a stop loss. Investors with a long-term outlook can track DEVIT long-term trajectory, which is indicated in the future forecast table.
Estimated DCF Value of DEVIT stock is 95.6. Compared to the current market price of 160.86 INR, the DEVIT stock is Overvalued by 40.6%.
As per the fundamental analysis of Dev Information Technology Limited (DEVIT), it is of Economical quality in terms of earnings and profit margins with an EPS of 7.97. Dev Information Technology Limited book value per share as of today is 24.82. The current price to book ratio for DEVIT as of Nov 23, 2024 is 6.48.
NSE:DEVIT News & Other Useful Information about DEVIT Share Price
Peer Comparison of NSE: DEVIT
The Peers list includes companies operating in the same industry and having comparable market cap.
Sector: Computers - Software
Company | Price | EPS | BV |
---|---|---|---|
TCS | 4221.95 | 130.61 | 199.33 |
INFY | 1889.20 | 66.5 | 195.5 |
WIPRO | 571.40 | 18.27 | 110.45 |
HCLTECH | 1897.10 | 43.51 | 145.45 |
TECHM | 1744.10 | 29.96 | 236.78 |
LTI | 6149.30 | 125.6 | 651.6 |
MINDTREE | 3433.85 | 90.8 | 331.82 |
MPHASIS | 2884.90 | 78.74 | 302.96 |
TATAELXSI | 6586.45 | 131.16 | 402.31 |
PERSISTENT | 5796.25 | 63.3 | 309.41 |