Dev Information jumps after partnering with XDuce to expand in North America, here's howDev Information jumps after partnering with XDuce to expand in North America, here's how

Introduction

Leading IT services company has partnered with XDuce to expand operations in North America, enhancing capabilities across cloud, AI, cybersecurity, blockchain, and digital transformation for enterprise clients.

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Share price movement of Dev IT

On January 7, 2026, Dev Information Technology Ltd opened at ₹34.55, down 2.39% from its previous close of ₹35.41. The stock reached a high of ₹36.38 (2.73%) and a low of ₹34.55. By 3:04 PM, it traded at ₹35.81, a 1.13% increase, with a market cap of ₹201.74 crore.

DEV IT Partners with XDuce for Expansion

Dev Information Technology Limited has formed a strategic alliance with XDuce to accelerate IT services growth in North America. The partnership aims to expand the company’s global delivery capabilities and market presence.

The alliance focuses on North America expansion, strengthening customer engagement across the United States and Canada. It also aims to enhance solutions in AI, blockchain, cybersecurity, cloud, and data for enterprise clients.

The partnership enables faster market access, stronger regional presence, and scaled execution. It provides integrated capabilities to serve high-growth and regulated industries efficiently, improving speed-to-market and operational governance.

DEV IT will continue under its current leadership and management team. The alliance creates opportunities for broader global program exposure, deeper technology engagement, and enhanced expertise development for both organizations.

Stock performance of Dev IT for Period of 1 week, 6 months, and 1 year

Dev Information Technology Ltd delivered a 9.34% return over the past week. The stock declined 22.2% in the past six months and fell 49.4% over the past year.

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Shareholding pattern of Dev IT

Particulars	Sep 2025	Jun 2025	Mar 2025
Promoter	66.60%	67%	66.60%
FII	0%	0.30%	0.50%
DII	0.00%	0.00%	0.00%
Public	33.00%	33.00%	32.90%

About Dev IT

Dev Information Technology Limited (NSE: DEVIT), founded in 1997, provides global IT services, including cloud, digital transformation, enterprise applications, and managed services, with products Talligence and ByteSigner, headquartered in Ahmedabad.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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