Dev Information Technology (NSE:DEVIT) 3-1 Month Momentum %: -6.14% (As of Jul. 16, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:DEVIT Dev Information Technology Ltd NSE:DEVIT
74 GF Score
Price ₹28.77
GF Value ₹57.00
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Dev Information Technology 3-1 Month Momentum %?

Dev Information Technology NSE:DEVIT +3.16% 74 3-1 Month Momentum % is -6.14% as of Jul. 16, 2026. GuruFocus rates NSE:DEVIT with a GF Score™ of 74/100 and a GF Value™ of ₹57.00 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,847 Software companies, Dev Information Technology ranks worse than 50.54% on this metric.

3-1 Month Momentum % is the total return of the stock from 3-month ago to 1-month ago. As of today (2026-07-16), Dev Information Technology's 3-1 Month Momentum % is -6.14%.

The industry rank for Dev Information Technology's 3-1 Month Momentum % or its related term are showing as below:

NSE:DEVIT's 3-1 Month Momentum % is ranked worse than
50.54% of 2847 companies
in the Software industry
Industry Median: -5.88 vs NSE:DEVIT: -6.14

Dev Information Technology  (NSE:DEVIT) 3-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 3-1 Month Momentum % measures the total return to a stock over the past three months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


Dev Information Technology 3-1 Month Momentum % Related Terms


NSE:DEVIT vs IBM, ACN, FISV: 3-1 Month Momentum % Comparison

For the Information Technology Services subindustry, Dev Information Technology's 3-1 Month Momentum %, along with its competitors' market caps and 3-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dev Information Technology 3-1 Month Momentum % vs Software Industry

For the Software industry and Technology sector, Dev Information Technology's 3-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Dev Information Technology's 3-1 Month Momentum % falls into.


NSE:DEVIT
74GF Score
Dev Information Technology Ltd NSE:DEVIT
3-1 Month Momentum % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dev Information Technology  (NSE:DEVIT) 3-1 Month Momentum % Calculation

3-1 Month Momentum % is calculated as following:

3-1 Month Momentum %=( Price 1-month ago / Price 3-month ago - 1 ) * 100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about 3-1 Month Momentum % →
What does a 3-1 Month Momentum % of -6.14% mean?
Dev Information Technology (NSE:DEVIT) has a 3-1 Month Momentum % of -6.14% as of Jul. 16, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Dev Information Technology and its competitors. According to the industry distribution chart, Dev Information Technology ranks #1439 out of 2847 companies in the Software industry, placing it in the top 50.5%.
Is Dev Information Technology's 3-1 Month Momentum % too high?
Dev Information Technology's current 3-1 Month Momentum % is -6.14%. Based on the distribution chart, Dev Information Technology ranks #1439 out of 2847 companies in the Software industry, which is below the industry midpoint. Overall, Dev Information Technology has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dev Information Technology's 3-1 Month Momentum % compare to IBM and ACN?
According to the Software industry distribution chart, Dev Information Technology ranks #1439 out of 2847 companies for 3-1 Month Momentum %. This places Dev Information Technology in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-1 Month Momentum % for a Software company?
A good 3-1 Month Momentum % depends on the Software industry context. However, 3-1 Month Momentum % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-1 Month Momentum % mean?
A high 3-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Dev Information Technology and its competitors. Dev Information Technology's current 3-1 Month Momentum % is -6.14%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dev Information Technology stock overvalued right now?
Based on GuruFocus' analysis, Dev Information Technology (NSE:DEVIT) is currently considered Possible Value Trap. The stock's GF Value™ is ₹57.00, compared to a current price of ₹28.77 — trading 49.5% below its estimated fair value. The current 3-1 Month Momentum % is -6.14%. Dev Information Technology's overall GF Score™ is 74/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-1 Month Momentum % calculated?
3-1 Month Momentum % is calculated from a company's financial statements. For Dev Information Technology (NSE:DEVIT), the current 3-1 Month Momentum % is -6.14% as of Jul. 16, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Dev Information Technology (NSE:DEVIT) Overvalued in 2026?

Based on GuruFocus' analysis, Dev Information Technology stock appears to be undervalued. The current stock price of ₹28.77 is trading 49.5% below its estimated GF Value™ of ₹57.00. GuruFocus considers Dev Information Technology to be Possible Value Trap.

Key valuation signals for NSE:DEVIT:

  • 3-1 Month Momentum %: -6.14%
  • GF Value™: ₹57.00 vs. price of ₹28.77 (49.5% below fair value)
  • GF Score™: 74/100 with 4 warning signs

No single metric tells the full story. See the NSE:DEVIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dev Information Technology Business Description

Other Exchanges 543462:India
Address Thaltej - Shilaj Road, 14, Aaryans Corporate Park, Near Shilaj Railway Crossing, Thaltej, Ahmedabad, GJ, IND, 380059
Dev Information Technology Ltd is engaged in providing information technology solutions and consultancy services in India. It offers advisory, architecture, implementation, and support services. The company provides various services namely enterprise applications and mobility, infrastructure management, cloud computing, digital services and licensing among others. It operates in a single segment being IT and IT enabled services.
74GF Score

Get the complete analysis for NSE:DEVIT

3-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹28.77
Price
₹57.00
GF Value