Sonata Software Limited, an IT software firm with a market valuation of Rs. 7,528.88 Crore, is a mid-cap company. Sonata is a multinational technology corporation specializing in platform-based digital transformation. The firm is a worldwide expert in offering business technology solutions including IoT, Artificial Intelligence, Machine Learning, Robotic Process Automation, Chatbots, Blockchain and Cyber Security. The Board of Directors of the Company has declared a record date for the purpose of 1:3 Bonus Issue.
The company in a regulatory filing said that “In accordance with Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, we would like to inform you that Friday, September 9, 2022 as the record date for the purpose of ensuring the eligibility of shareholders to issue bonus equity shares of the company in the ratio of 1 (one) new fully paid-up equity shares of Rs.1/- each to Rs.3 (three) each The existing equity share of Rs.
Sonata Software Ltd shares closed today 708.00 each, up 2.02% from previous close 694. The stock has given a multibagger return of 343.75% in the last 5 years and the stock has given a multibagger return of 131.42% in the last 3 years. In the last 1 year, the stock has fallen 15.17% and on YTD basis, the stock has fallen 18.29% so far in 2022. A total of 388,854 shares were traded in today’s trading session, which is significantly higher than the 20-day. Average volume of 91,225 shares. On NSE, the stock had touched a 52-week high 1,024.90 at (20-Oct-2021) and 52-week low of 610.10 (20-Jun-2022) indicates that the stock is trading 30.92% below the high and 16.04% above the low at the current market price.
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