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Sonata Software shares fall over 13% in early deals, here's why 

Sonata Software shares fall over 13% in early deals, here's why 

Sonata Software stock slipped 13.49% to Rs 290 against the previous close of Rs 335.25. Market cap of the firm slipped to Rs 8363 crore.

Aseem Thapliyal
Aseem Thapliyal
  • Updated Apr 17, 2025 9:24 AM IST
Sonata Software shares fall over 13% in early deals, here's why Sonata Software stock has lost 47.61% in three months and fallen 50% in 2025.

Shares of multibagger Sonata Software Ltd fell 13% in early deals on Thursday after IT firm said it expects lower revenue from international business in Q4 than expectations. Sonata Software stock slipped 13.49% to Rs 290 against the previous close of Rs 335.25 on BSE. Total 0.22 lakh shares of the firm changed hands amounting to a turnover of Rs 64.07 crore on BSE. Market cap of the firm slipped to Rs 8363 crore on BSE.  Sonata Software stock has lost 47.61% in three months and fallen 50% in 2025. The software industry stock fell to a 52-week low of Rs 286.40 on April 7, 2025 and climbed to a 52 week high of Rs 762 on July 30, 2024.

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The global IT services and technology solutions company in a statement said, "We would like to inform you that the revenue estimates for Q4 2024-25 from our largest client are likely to be lower than anticipated, resulting in lower revenue from our international business for the said quarter than previously envisioned during the previous Analyst/Investor call held on 6th February 2025."

Sonata Software specialises in cloud and data modernisation, Microsoft Dynamics Modernization, digital contact center setup and management, managed cloud services and digital transformation services.

Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.
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ABOUT THE AUTHOR

Aseem Thapliyal
Aseem Thapliyal

A journalist with over 12 years' experience, who tracks trends in the share market and writes stock market stories. An active follower of Sensex and Nifty, I capture stocks in news and analysis by share market experts and brokerages on their outlook and price targets. I cover company news/earnings leading to a rally or crash in particular stocks or stock market indices. Also track impact of global stock markets on their Indian peers. I have worked with Live Mint and NDTV Profit in previous stints. My hobbies are exploring new places, travelling, watching movies, spending time with friends and family, watching web series, playing cricket and football. I have completed graduation from Delhi University along with a PG Diploma in journalism from IIMC. I can be reached easily via social media platforms.

Published on: Apr 17, 2025 9:24 AM IST