Sonata Software rises as its arm incorporates subsidiary company
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Sonata Software is currently trading at Rs. 643.00, up by 3.20 points or 0.50% from its previous closing of Rs. 639.80 on the BSE.
The scrip opened at Rs. 635.00 and has touched a high and low of Rs. 639.00 and Rs. 613.05 respectively. So far 6748 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1030.00 on 20-Oct-2021 and a 52 week low of Rs. 570.00 on 19-May-2021.
Last one week high and low of the scrip stood at Rs. 679.50 and Rs. 613.05 respectively. The current market cap of the company is Rs. 6586.65 crore.
The promoters holding in the company stood at 28.17%, while Institutions and Non-Institutions held 28.40% and 43.43% respectively.
Sonata Software’s subsidiary company -- Sonata Software North America has incorporated subsidiary company namely ‘Sonata Latin America S. DE R.L. DE C.V.’ (SLA) in Mexico. With this SLA has become step-down subsidiary of Sonata Software. The subscribed share capital of SLA is 2,000 Mexican Pesos for which no government/ regulatory approval is required.
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.
