Sonata Software stock rises over 3% after mixed second-quarter results
The stock of Sonata Software closed at Rs 1042.40 on Wednesday before starting its trading session at Rs 1076.75 on Thursday. The stock reached as high as Rs 1092.30 in early morning deals.
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Sonata Software Share Price: Sonata Software shares were rising 3.61 per cent, or Rs 37.60, at Rs 1,080.00 each in early morning deals on BSE on Thursday (October 26) after the company reported second-quarter results on Wednesday.
The stock of Sonata Software closed at Rs 1042.40 on Wednesday before starting its trading session at Rs 1,076.75 on Thursday. The stock reached as high as Rs 1,092.30 in early morning deals.
Sonata Software Q2 Results
The company's margin in the September quarter jumped to 8.6 per cent from 7.3 per cent.
The profit of Sonata Software jumped 3.4 per cent in the quarter under review.
The company's revenues were down 5.1 per cent, while it has announced to issue bonus share at the ratio of 1:1.
Sonata Software Dividend
The software company also declared an interim dividend of Rs 7 per share of a face value of Rs 1 each, or 700 per cent.
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