Sonata Software jumps on opening new software development center in Bengaluru
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Sonata Software is currently trading at Rs. 518.30, up by 5.55 points or 1.08% from its previous closing of Rs. 512.75 on the BSE.
The scrip opened at Rs. 514.05 and has touched a high and low of Rs. 519.00 and Rs. 514.05 respectively. So far 2615 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 703.05 on 30-Nov-2021 and a 52 week low of Rs. 457.50 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 527.40 and Rs. 510.00 respectively. The current market cap of the company is Rs. 7253.89 crore.
The promoters holding in the company stood at 28.17%, while Institutions and Non-Institutions held 26.94% and 44.88% respectively.
Sonata Software has opened its state-of-the art new development center at its Global Village campus in Bengaluru, India. The launch of the new center is aligned with the company’s vision of becoming the fastest growing IT Services company and will provide capacity for new growth opportunities.
The new Development Centre, spread across 58,000 sq ft, houses over 600 Workstations and has been designed for better team collaborations. The sustainable and eco-friendly facility boasts of usage of material with re-cycled content and designed for Eco design Approach for Health and well-being of employees.
The new center will focus on the development of innovative and cutting-edge solutions on Cloud & Data, product and platform engineering technologies and digital transformation solutions for its clients in US, UK, Europe, APAC and Australia.
Sonata Software is a global IT services firm focused on catalysing transformational IT Initiatives of its clients through deep domain knowledge, technology expertise and customer commitment.
