Sonata Software Ltd. News and Updates

Name: Latest research reports of Sonata Software Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Sonata Software Ltd.
Rating: 5
Author: ICICI Securities Limited

Keep track of all breaking news on Sonata Software Ltd. from all sources in a single place.

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Sonata Software Ltd.

28 Aug 2020

350.85

-2.05%

Buy Sonata Software; target of Rs 425: Globe Capital Market

Moneycontrol

Globe Capital Market is bullish on Sonata Software has recommended buy rating on the stock with a target price of Rs 425 in its research report dated August 27, 2020.

Sonata Software Ltd. is trading below all available SMAs

Sonata Software Ltd.

13 Aug 2020

350.85

-2.05%

Buy Sonata Software; target of Rs 330: Anand Rathi

Moneycontrol

Anand Rathi is bullish on Sonata Software has recommended buy rating on the stock with a target price of Rs 330 in its research report dated August 11, 2020.

Number of FII/FPI investors decreased from 177 to 165 in Jun 2025 qtr

Sonata Software Ltd.

12 Aug 2020

350.85

-2.05%

Buy Sonata Software; target of Rs 330: ICICI Direct

Moneycontrol

ICICI Direct is bullish on Sonata Software has recommended buy rating on the stock with a target price of Rs 330 in its research report dated August 11, 2020.

Sonata Software Ltd. is trading below all available SMAs

Sonata Software Ltd.

11 Aug 2020

350.85

-2.05%

Sonata software report 25% drop in Q1 net profit

Business Line

Sonata Software has reported a net profit of 49.92 crore for the June-ended quarter, a 25.5 per cent decline when compared to 67.05 crore posted th

Sonata Software Ltd. has lost -46.59% in the last 1 Year

Sonata Software Ltd.

11 Aug 2020

350.85

-2.05%

Sonata Software

Buy: Sonata Software Ltd.

Recommendation Target

ICICI Securities Limited

The travel vertical contribution to revenues declined from 22% in Q4FY20 to 4% in Q1FY21 mainly due to its exposure to top client (~20% of revenues), which is in the travel vertical from European region. The company expects a gradual improvement in revenues from top client from Q2FY21E onwards and expects its contribution to improve from current ~3% of topline to ~10% of topline by Q4FY20E. Further, we expect other verticals like Independent Software Vendor (ISV), essential retail, utility and commodity service to improve in coming quarters. However, considering the significant...

Sonata Software Ltd. has an average target of 525.00 from 5 brokers.

Sonata Software Ltd.

29 Jul 2020, 07:05PM

350.85

-2.05%

Sonata Software (258.9): Buy

Business Line

Investors with a short-term perspective can buy the stock of Sonata Software at current levels. Since recording a 52-week low at 148 in late March th

Number of FII/FPI investors decreased from 177 to 165 in Jun 2025 qtr

Sonata Software Ltd.

16 May 2020

350.85

-2.05%

Buy Sonata Software; target of Rs 230: Anand Rathi

Moneycontrol

Anand Rathi is bullish on Sonata Software has recommended buy rating on the stock with a target price of Rs 230 in its research report dated May 13, 2020.

Sonata Software Ltd. has lost -46.59% in the last 1 Year

Sonata Software Ltd.

15 May 2020

350.85

-2.05%

Buy Sonata Software; target of Rs 240: HDFC Securities

Moneycontrol

HDFC Securities bullish on Sonata Software has recommended buy rating on the stock with a target price of Rs 240 in its research report dated May 13, 2020.

Sonata Software Ltd. has lost -46.59% in the last 1 Year

Sonata Software Ltd.

13 May 2020

350.85

-2.05%

Hold Sonata Software; target of Rs 205: ICICI Direct

Moneycontrol

ICICI Direct recommended hold rating on Sonata Software with a target price of Rs 205 in its research report dated May 12, 2020.

Sonata Software Ltd. has lost -46.59% in the last 1 Year

Sonata Software Ltd.

12 May 2020

350.85

-2.05%

Sonata Software

Hold: Sonata Software Ltd.

Recommendation Target

ICICI Securities Limited

Sonata Software reported poor Q4FY20 results. IT service revenues in dollar terms fell 5.1% QoQ mainly due to Covid-19 pandemic and its exposure to impacted vertical like travel (down 12.7% QoQ, accounts for 23% of revenues) & retail (down 5.1% QoQ, accounts for 28% of revenues). IT service EBITDA margin also declined ~560 bps QoQ while PAT declined 22% QoQ. Overall revenues declined 25% QoQ mainly led by 33% decline in domestic product business. Overall PAT declined 19% QoQ to | 61.8 crore, mainly led by 22% QoQ decline in IT service revenues and one-time...