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Dev Information Technology Limited
Share Price Target & Analysis

NSE:DEVIT

112.13

VWAP

114.60

Open

108.6

Close

114.60

High

111.25

Low

174.75

52 Week High

111.60 ⇧
1.75 (1.59%)

DEVIT

(Miscellaneous)
21.8% Momentum

Turnaround Potential

94.00

52 Week Low

3.27

EPS

31.18

PE

5.89

PB

Economical
Quality

Gold
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 111.60, 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 3.27. NSE:DEVIT book value per share as of today is 18.95. The current price to book ratio for DEVIT as of May 18, 2024 is 5.89.

Valuation of the Stock: The current valuation of DEVIT stock is like Gold which means currently the stock is Overpriced. 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 73.60% is very crucial parameter which shows that 73.60% investors are anticipating that the price of DEVIT share should go up with VWAP at 112.13.

Now, the main question is whether to BUY or SELL, NSE:DEVIT at current valuation.
As per latest Analysis No. #105:-

⇑ 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 (May 18, 2024)

(Dev Information Technology Limited Daily Analysis on the basis of DEVIT Intraday Graph & Trend)

Dev Information Technology Limited share price moved Up by 1.59% from its previous close of Rs 108.6. DEVIT stock last traded price is 111.60. DEVIT share price trend is Up with a total of 44 stocks traded till now. It has touched an intraday high of Rs 114.60 and an intraday low of Rs 111.25. The DEVIT trading at 111.60, Up by Rs. 1.75, or 1.59 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 1.59%. DEVIT share price short term trend is Up. It suggests that DEVIT Share Price for Tomorrow remains the same with VWAP at 112.13 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

 111.60

DEVIT Share Price Target Prediction for 2024 ^

 98.6 - 142.7

DEVIT Share Price Target Prediction for 2025*^

 142.7 - 187.1

DEVIT Share Price Target Prediction for 2026*^

 187.1 - 200.2

DEVIT Share Price Target Prediction for 2027*^

 210

DEVIT Share Price Target Prediction for 2028*^

 216

DEVIT Share Price Target Prediction for 2030*^

 236
DEVIT Current Book Value 2023
18.9

*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: @108.25

DEVIT Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 109.46 SELL 109.46 SELL
MA_12 112.51 SELL 111.92 SELL
MA_20 115.38 SELL 113.46 SELL
MA_32 115.4 SELL 116 SELL
MA_50 115.33 SELL 119.03 SELL
MA_100 130.03 SELL 124.65 SELL
MA_200 133.88 SELL 127.99 SELL

DEVIT Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 115.38 Downtrend
MACD -0.71 SELL
ADX 15.46 NO or Weak Trend
DMI (+/-) 16.62 / 20.61 Downtrend

DEVIT Momentum Oscillators

BUY (0) NEUTRAL (8) SELL (4)
Momentum Oscillators Value Action
RSI 39.22 Neutral
STOCHASTIC_K (Fast) 36.84 Neutral
STOCHASTIC_D (Slow) 41.03 Neutral
CCI -72.87 Neutral
PSAR 120.34 SELL
TRUE RANGE 6.4 Neutral
ATR 6.06 Neutral
WILLIAMS R -85.98 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 9.04 Oversold
STOCHASTIC RSI D 62.52 Neutral
MOMENTUM -15.4 SELL

DEVIT Last 1 Year Trend

Duration Value
1 Year 14.13%
3 Months -29.87%
1 Month -12.45%
1 Week 1.74%

DEVIT Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 0%
NEUTRAL / HOLD 30%
SELL 70%

Most popular Questions & Answers about DEVIT


Dev Information Technology Limited stock last traded price is 111.60. DEVIT share price moved Up by 1.59% from its previous close of Rs 108.6.

Dev Information Technology Limited share price trend is Up with a total of 44 stocks traded till now. It has touched an intraday high of Rs 176.4975 and an intraday low of Rs 111.25. The DEVIT trading at 111.60, Up by Rs. 1.75, or 1.59 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 112.13.

The market cap of Dev Information Technology Limited is ₹0 (in Cr) as of May 17, 2024.

The current price to earning ratio for Dev Information Technology Limited as of May 17, 2024 is 31.18.

The current price to book ratio for Dev Information Technology Limited as of May 17, 2024 is 5.89.

The highest price of Dev Information Technology Limited stock is ₹174.75 in the last 52-week.

The lowest price of Dev Information Technology Limited stock is ₹94.00 in the last 52-week.

Dev Information Technology Limited share trading at ₹111.60, Up by Rs. 1.75, or 1.59 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 ₹98.6 on downside and ₹142.7 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 ₹142.7 on downside and ₹187.1 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 ₹187.1 on downside and ₹200.2 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 ₹216 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.

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 3.27. Dev Information Technology Limited book value per share as of today is 18.95. The current price to book ratio for DEVIT as of May 18, 2024 is 5.89.


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 3834.10 120.39 199.33
INFY 1445.00 65.6 163.19
WIPRO 461.00 17.44 119.95
HCLTECH 1333.20 43.02 145.45
TECHM 1305.40 21.79 254.1
LTI 4764.30 125.6 540.21
MINDTREE 3433.85 90.8 331.82
MPHASIS 2316.00 76.59 265.28
TATAELXSI 7353.80 127.25 402.34
PERSISTENT 3530.25 64.07 294.03
Updated at: 17 May 2024 15:57

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SITEMAP 2010
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