Sonata Software Ltd.

NSE: SONATSOFTW | BSE: 532221 | ISIN: INE269A01021 | Industry: IT Consulting & Software
| Mid-range Performer
390.6500 -4.30 (-1.09%)
NSE May 22, 2025 15:31 PM
Volume: 1.0M
 

390.65
-1.09%
ICICI Securities Limited
Sonata's IT services business grew 12% YoY to $161.2 million in FY19 driven by digital (grew 21.6% YoY, 35% of services revenue) and IP led (42.5% YoY, 19% of revenue). These two verticals are expected to gain traction over the coming years led by its platformation and alliance led strategy and are expected to be primary growth drivers for the company. Further, addition of leadership in digital segment (two in digital advisory and one in digital deli every) and sales head is expected to drive the company's deal pipeline. This coupled with consolidation of acquisition leads us to upgrade our IT services...
Sonata Software Ltd. is trading below its 100 day SMA of 440.7
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