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Sonata Software is currently trading at Rs. 758.30, down by 0.40 points or 0.05% from its previous closing of Rs. 758.70 on the BSE.
The scrip opened at Rs. 767.50 and has touched a high and low of Rs. 770.00 and Rs. 755.15 respectively. So far 12470 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 803.55 on 14-Dec-2023 and a 52 week low of Rs. 261.03 on 19-Dec-2022.
Last one week high and low of the scrip stood at Rs. 803.55 and Rs. 709.25 respectively. The current market cap of the company is Rs. 21271.62 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 entered into collaboration with Bayer, one of the Top 150 Global 2000 companies with business interest in pharmaceuticals, consumer healthcare products, agricultural chemicals, seeds and biotechnology products. As part of the partnership, Sonata will allow Bayer to develop new AgPowered Services for Microsoft Azure Data Manager for Agriculture that enable retrieval and integration of in-field activity data by working with leading manufacturers of farm machinery.
According to a recent announcement from Bayer, one of agriculture’s biggest technology challenges is a lack of data interoperability. Farmers have seen advancements in the ability to connect data between on-farm systems, but solutions allowing them to connect to services and opportunities beyond the farm have been largely unavailable. Companies and organizations supporting agriculture and related industries have also lacked the infrastructure and capabilities needed to best serve their customers.
This initiative will enable Enterprise users of Microsoft Azure Data Manager for Agriculture to have an integrated, one-stop solution to connect key data sources for farm machinery data in the industry, thus bringing down the cost of technical investment that companies are facing today.
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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| Infosys | 1421.10 |
| HCL Tech. | 1367.55 |
| Wipro | 462.30 |
| Tech Mahindra | 1261.95 |
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MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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