Sonata Software surges on partnering with Treeni Sustainability Solutions

14 Sep 2020

Sonata Software is currently trading at Rs. 324.30, up by 12.75 points or 4.09% from its previous closing of Rs. 311.55 on the BSE.

The scrip opened at Rs. 316.45 and has touched a high and low of Rs. 324.30 and Rs. 316.45 respectively. So far 3845 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 354.40 on 27-Feb-2020 and a 52 week low of Rs. 148.10 on 24-Mar-2020.

Last one week high and low of the scrip stood at Rs. 324.40 and Rs. 304.60 respectively. The current market cap of the company is Rs. 3276.24 crore.

The promoters holding in the company stood at 28.17%, while Institutions and Non-Institutions held 23.37% and 48.46% respectively.

Sonata Software has partnered with Treeni Sustainability Solutions Inc. an Atlanta (US) based Company. Treeni’s resustain is a cloud-based SaaS platform that enables a 360-degree view of ESG data and risks for enterprises. This relationship creates synergies for both parties, Sonata Software will now have the ability to take relevant and timely sustainability solutions to their global clients, Treeni will benefit from Sonata Software's software product engineering expertise, their partner ecosystem and global reach.

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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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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