Dev Information Technology Secures Order from NICSI for Pharmacy Council of India System
Dev Information Technology Limited announced securing a substantial work order from National Informatics Centre Services Incorporated (NICSI). The contract is on behalf of the National Pharmacists Registration Tracking System of the Pharmacy Council of India (PCI), which is a statutory body under the Government of India.The scope of the awarded order encompasses several critical technology services for the Pharmacy Council of India (PCI)'s existing IT Infrastructure. These services include Design, Development, Integration, and Maintenance of Software/Applications/Platforms, alongside essential Cybersecurity Services. Furthermore, the project involves the design, development, and maintenance of web-based software infrastructure/applications specifically for the National Pharmacists Registration Tracking System of the PCI.
The total value attributed to this significant order is approximately INR 26 Crore.
The details of the contract execution period suggest that the work is to be executed approximately over 3 Years. The order is categorized as a fixed cost and originates from a domestic state entity. Dev Information Technology Limited confirmed that there is no interest of the promoter or promoter group in the awarding entity, and the contract does not constitute a related party transaction.
DEVIT Stock Price Movement
Shares of Dev Information Technology Limited are edging higher to ₹29.49 as of 2:02 PM today, having gained ₹2.03 or 7.39% in live trading. Trading remains robust into the afternoon session, with the stock activity recording 39,330 shares traded.Source:
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