Sonata Software is currently trading at Rs. 305.05, up by 7.50 points or 2.52% from its previous closing of Rs. 297.55 on the BSE.
The scrip opened at Rs. 303.00 and has touched a high and low of Rs. 308.55 and Rs. 303.00 respectively. So far 5448 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 428.75 on 19-Sep-2018 and a 52 week low of Rs. 214.60 on 06-Dec-2017.
Last one week high and low of the scrip stood at Rs. 311.05 and Rs. 295.30 respectively. The current market cap of the company is Rs. 3129.02 crore.
The promoters holding in the company stood at 30.95%, while Institutions and Non-Institutions held 23.62% and 45.43% respectively.
Sonata Software has entered into a definitive agreement with Scalable Data Systems and its shareholder to acquire 100% stake in Scalable, an Australian Company. This acquisition will increase Sonata’s footprint as a Microsoft Dynamics 365 leader, making the combined entity a Digital Transformation partner of choice for customers in Retail, Distribution, Manufacturing, Commodities, and Travel.
Scalable Data Systems is a renowned leader in providing Dynamics 365 F&O solutions, with an impressive track record in solutioning ERP systems for more than 30 years.
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.
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