19-03-2024 10:54 AM | Source: Accord Fintech
Sonata Software rises on signing joint Go-to-Market agreement with Zones

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Sonata Software is currently trading at Rs. 746.50, up by 2.30 points or 0.31% from its previous closing of Rs. 744.20 on the BSE.

The scrip opened at Rs. 769.55 and has touched a high and low of Rs. 769.55 and Rs. 742.40 respectively. So far 4046 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. 369.25 on 29-Mar-2023.

Last one week high and low of the scrip stood at Rs. 769.55 and Rs. 704.85 respectively. The current market cap of the company is Rs. 20855.19 crore.

The promoters holding in the company stood at 28.17%, while Institutions and Non-Institutions held 32.08% and 39.75% respectively.

Sonata Software has signed a joint Go-to-Market agreement with Zones, LLC, a global provider of end-to-end IT solutions and cloud managed services. As part of the five-year partnership, Zones and Sonata Software will support cost efficiency and data optimization through joint offerings and delivery of industry-specific solutions. This partnership will enable customers to modernize their technology footprint and realize the benefits of moving to the cloud.

Sonata Software brings extensive application services experience and proven approaches to support customers with their application migration and modernization efforts. Zones provides a suite of offerings and solutions to support customers in their end-to-end digital journey. From environment assessments to hardware refresh and cloud-managed services, Zones provides an always-on approach toward customer support.

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.