Sonata Software spurts on expanding footprints in Telangana
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Sonata Software is currently trading at Rs. 946.65, up by 22.10 points or 2.39% from its previous closing of Rs. 924.55 on the BSE.
The scrip opened at Rs. 927.00 and has touched a high and low of Rs. 949.90 and Rs. 915.00 respectively. So far 8493 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 985.00 on 17-May-2023 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. 949.90 and Rs. 912.65 respectively. The current market cap of the company is Rs. 13290.03 crore.
The promoters holding in the company stood at 28.17%, while Institutions and Non-Institutions held 26.81% and 45.02% respectively.
Sonata Software is expanding its footprints in Telangana. The company is expanding in Nalgonda IT Park by adding around 200 jobs focusing on Software Development and Technology Innovation. This will be a collaborative workspace for Engineers to work on innovative solutions catering to the needs of a wide range of industries.
The Technology Center will deliver service excellence for various domains like Banking and Financial, Healthcare and Lifesciences. This creates scope for workforce generation on Niche Technology skills like AIML (Artificial Intelligence and Machine learning, Data Engineering, Cloud Technologies, Pharmacy benefits validation technologies.
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.
