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Sonata Software soars on signing agreement with Global Cloud Xchange

19 Oct 2023 Evaluate

Sonata Software is currently trading at Rs. 1103.00, up by 6.65 points or 0.61% from its previous closing of Rs. 1096.35 on the BSE.

The scrip opened at Rs. 1085.55 and has touched a high and low of Rs. 1108.75 and Rs. 1075.30 respectively. So far 3599 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1147.40 on 11-Sep-2023 and a 52 week low of Rs. 503.05 on 19-Oct-2022.

Last one week high and low of the scrip stood at Rs. 1112.60 and Rs. 1058.00 respectively. The current market cap of the company is Rs. 15474.54 crore.

The promoters holding in the company stood at 28.17%, while Institutions and Non-Institutions held 31.37% and 40.45% respectively.

Sonata Software has signed an agreement with Global Cloud Xchange (GCX), a leading network service provider powering global connectivity for new media providers, telecom carriers and enterprises. Sonata’s investments in Cloud, Data and Generative AI technologies made Sonata the partner of choice for GCX as they start a multi-year business transformation of GCX’s enterprise operations, systems and business intelligence systems.

GCX provides high-bandwidth connectivity and global managed network services including managed ICT, cyber security, and UCaaS solutions, to a range of blue-chip customers inclusive of hyperscalers, telecommunications operators, new media providers and enterprises throughout the world. Its 66,000 km of cables span 46 countries from North America to Asia, with a particularly strong position on the Europe-Asia and Intra-Asia routes.

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.


Sonata Software Share Price

268.15 -4.90 (-1.79%)
22-Apr-2026 10:33 View Price Chart
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