Tuesday, December 24, 2024

Dev IT shares soar 9 percent in 3 days on launching new cybersecurity services - dev information technology soars 9 percent in 3 days on launching new cybersecurity services


Dev Information Technology Share: Shares of Dev Information Technology have gained strongly by more than 9 per cent in the last three trading days. Today, on December 24, a rise of 2.52 percent was seen in the company’s shares and the stock closed at Rs 162.85 on BSE. Actually, the company has launched new services under the cyber security segment. After this news, there is heavy buying in its shares. With today’s rise, the market cap of the company has increased to Rs 366.16 crore. The stock’s 52-week high is Rs 185 and 52-week low is Rs 94.10.

The company has launched a new cyber security service

The new cybersecurity services include Cybersecurity Consulting, Threat and Vulnerability Management (VAPT), Managed Security Operation Center (SOC), Business Continuity and Disaster Recovery (BCDR) and Cloud Security Services.

The company said in a statement that as cyber threats increase and stricter regulations come into force with digital transformation, it has become more challenging for companies to protect their digital assets. These advanced services provide companies with the tools and strategies they need to improve their security systems and processes to respond to new threats.

Dev Information Technology Business

DEV IT was established in the year 1997 and is listed on NSE and BSE. Initially the company focused on business automation software solutions and later the company expanded its business by providing IT services globally. Headquartered in Ahmedabad and with offices in India and Canada, DEV IT has expertise in cloud services, digital transformation, enterprise applications, managed IT services, and application development.

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