Sonata Software spurts on winning IT outsourcing deal from US-based Company
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Sonata Software is currently trading at Rs. 649.00, up by 24.05 points or 3.85% from its previous closing of Rs. 624.95 on the BSE.
The scrip opened at Rs. 645.05 and has touched a high and low of Rs. 677.00 and Rs. 642.30 respectively. So far 278462 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. 677.00 and Rs. 616.05 respectively. The current market cap of the company is Rs. 18154.70 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 has been chosen as a strategic IT outsourcing partner by a US-based premier Healthcare and Wellness company. The company's primary focus is delivering personalized, high-quality care that addresses the unique needs of vulnerable patients and underserved populations in challenging clinical environments and other behavioral health settings. It is committed to improving health outcomes through comprehensive, patient-centered programs.
As part of the collaboration, Sonata Software will support the client in achieving dual objectives: optimizing IT budgets and cost efficiencies through systemic improvements and engineering levers and modernizing their technology landscape by leveraging Enterprise data, Artificial Intelligence, and hyper-automation across patient-facing systems, and back-office operations.
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.
