Dev Information Technology (NSE:DEVIT, BOM:543462) has secured a contract worth 12.3 million Indian rupees from the Gujarat Metro Rail Corporation (DMRC), which is a special purpose vehicle implementing metro rail projects across Gujarat, India.
The contract entails upgrading GMRC's existing on-premises active directory to a new server and transitioning Exchange Server 2013 to Microsoft 365 (M365) Business Basic and Standard.
The service duration for the contract is from Jan. 24, 2024 to Jan. 23, 2028.
Shares of the company were up nearly 6% in recent trade.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.