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Sonata Software zooms on securing $73 million AI-led digital modernization deal with US TMT company

28 Apr 2025 Evaluate

Sonata Software is currently trading at Rs. 360.90, up by 23.40 points or 6.93% from its previous closing of Rs. 337.50 on the BSE.

The scrip opened at Rs. 338.80 and has touched a high and low of Rs. 365.40 and Rs. 328.55 respectively. So far 451956 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 762.00 on 30-Jul-2024 and a 52 week low of Rs. 286.40 on 07-Apr-2025.

Last one week high and low of the scrip stood at Rs. 374.90 and Rs. 312.30 respectively. The current market cap of the company is Rs. 10120.53 crore.

The promoters holding in the company stood at 28.17%, while Institutions and Non-Institutions held 36.61% and 35.22% respectively.

Sonata Software has secured $73 million AI-led digital modernization deal for five-year transformational engagement with a major US-based company in the Technology, Media, and Telecom (TMT) sector. This multi-year partnership marks a pivotal step in the client’s digital strategy to enhance global scalability, accelerate innovation, and optimize IT operations through a strategic, AI-first outsourcing model. The company was chosen as the partner because of its deep engineering expertise, nimble delivery model, and proven track record in driving AI-powered business transformation.

Under this engagement, the company will establish a dedicated AI-enabled modernization engineering center in india. The program will cover critical areas, including platform engineering, cloud transformation (Amazon Cloud), enterprise systems (salesforce, workday), cybersecurity, data services, and modern application development - all built on a foundation of automation and scalable engineering practices.

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

273.55 -6.95 (-2.48%)
20-Apr-2026 16:59 View Price Chart
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