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Sonata Software is currently trading at Rs. 583.65, up by 5.25 points or 0.91% from its previous closing of Rs. 578.40 on the BSE.

The scrip opened at Rs. 589.45 and has touched a high and low of Rs. 592.45 and Rs. 581.55 respectively. So far 17364 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 867.10 on 27-Feb-2024 and a 52 week low of Rs. 469.05 on 04-Jun-2024.

Last one week high and low of the scrip stood at Rs. 621.90 and Rs. 574.20 respectively. The current market cap of the company is Rs. 16219.77 crore.

The promoters holding in the company stood at 28.17%, while Institutions and Non-Institutions held 33.97% and 37.85% respectively.

Sonata Software and iNube have entered into strategic partnership to bolster go-to-market efforts for Insurers in the US and UK. For close to four decades, Sonata Software has been partnering with businesses across the world to drive innovation, improve operational efficiency, and enhance customer experiences. The company’s deep expertise in cloud solutions, platform modernization, and digital engineering complements iNube’s mission to transform the insurance industry with AI-driven, cloud-native technology solutions tailored to the unique needs of insurers.

This partnership combines Sonata Software’s comprehensive delivery capabilities and global scale and iNube’s deep expertise in insurance to deliver insurance solutions that integrate seamlessly enhance operational efficiency. The collaboration provides insurers with the agility to stay ahead in a rapidly evolving landscape, elevating their go-to-market strategies. The joint offering will provide insurers accelerated access to cutting-edge digital platform that streamline policy administration, claims processing, and customer engagement.

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.