Sonata Software shares hit fresh 52-week high; analyst sees 8% upside
Sonata Software stock jumped nearly 20 per cent since January 24, 2023, after the company announced strong earnings for the December quarter of this fiscal. The company's IT services dollar revenues grew 4.7 per cent sequentially and 3.9 per cent in constant currency (CC) terms, while it closed four large deals in the third quarter of FY23.
Sonata shares in the last one year have gained nearly 35 per cent as compared to a nearly six per cent rise in the Sensex - Image Source: PTI