DEV Information Technology shares surge 3% after major GMRC project win

DEV Information Technology Limited’s shares rose by 3% following the announcement of a significant project secured with Gujarat Metro Rail Corporation (GMRC). The project, valued at ₹1.23 Crore, is a key milestone in DEV IT’s growth and solidifies its position as a trusted partner for government IT solutions.

DEV IT will migrate GMRC’s on-premises Active Directory (Windows Server 2008 R2) to Windows Server 2019/2024 and transition Exchange Server 2013 to Microsoft 365 (M365). The upgrade will modernize GMRC’s IT infrastructure, improving security and efficiency.

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DEV Information Technology shares opened at ₹168.00, reaching a high of ₹174.90 and a low of ₹168.00 during the day. The stock’s 52-week high stands at ₹191.00, while the 52-week low is ₹94.00.

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