Sonata Software Ltd ( SSL) Shares trade all time high share open on 6.12.2023 NSE Rs 1,479.90 low Rs 1,445, BSE open Rs 1484.95 low Rs 1,444.70 share touch its all time high Rs 1,485 intraday volume 2,37,035.
7.12.2023 Sonata Software Open at NSE Rs 1,471.65 , BSE Rs 1,455.05
Reason Behind Sonata Software Growth all Time High
Bonus Issue: The Board of Directors of Sonata Software said,” The Record Date is set for Tuesday, December 12, 2023, in order to determine if shareholders are eligible to receive Bonus Equity Shares of the Company in the amount of one (1) new fully paid-up equity share of Rs. 1/-per share for every one (1) fully paid-up existing equity share of Rs. 1/-per share held.” Last year on 8 September 2022 the company issued a 1:3 share bonus.
Here we give company offical 1:1 bonus declration link you must check in official statement pdf
1> positive signal for investor: Bonus sharing is considered a positive signal for a company that has a strong financial performance and a clear idea for future it creates a positive environment for investors to boost their trust and attract new investors.
2 > Increase Liquidity: With the increase in share numbers, the share becomes liquidated and the price of the share decreases even though the market value remains the same, with the increase in share in the market, allowing investors to buy and Traders, thereby increasing the share trading volume.
Strong Financial Performance: Sales and profit of (SSL) is also on the rise, and EPS showing massive growth.
Here we discuss company financial data: (please note all values are crores)
| Particulars | Mar 2022 | Mar 2023 | Present Time |
|---|---|---|---|
| Sales | 5,553 | 7,449 | 8,102 |
| Expenses | 5,090 | 6,845 | 7,419 |
| Net profit | 376 | 452 | 476 |
| EPS | 26.85 | Rs 32.24 | Rs 33.93 |
| Reserves | 1,089 | 1,287 | 1,426 |
| Borrowings | 159 | 590 | 503 |
| Total Assets | 2,559 | 4,357 | 4,848 |
Sonata Ltd CAGR ( Compound Annual Growth Rate ) percentage
| Particulars | 5 Years | 3 Years | Present Time |
|---|---|---|---|
| Compound Sales Growth | 25% | 26% | 23% |
| Compound Profit Growth | 19.2% | 18% | 14% |
| Share Price CAGR | 44% | 78% | 146% |
Sonata Software a IT based Company its Competitor IT Industry Giant Like Tcs, Infosys etc. Here we will compare about ( SSL) long term Return we will also include NIFTY 50 AND SENSEX Return.
| Stock/ Indices | Return% Last 6 Months | Return% Last 1 Year | Return% Last 5 Year |
|---|---|---|---|
| Sonata Software Ltd | ↑ 47.25% | ↑ 147.75% | ↑ 519.00% |
| TCS | ↑ 10.62% | ↑ 7.17% | ↑ 81.53% |
| Infosys | ↑ 13.89% | ↓ - 8.64% | ↑ 114.90% |
| NIFTY 50 | ↑ 11.66% | ↑ 12.65% | ↑ 95.60% |
| SENSEX | ↑ 10.12% | ↑ 11.41% | ↑ 94.99% |
Sonata Software Ltd Company Overview:
Company Recent Market Cap ₹ 20,442 Cr PE ratio 43.0, ROCE 39.1% ROE 37.7%. Mr. Samir Dhir current CEO & MD of Sonata Software Ltd.
The company Offering Information Technology (IT) Services and Solutions to its diverse clientele in the US, Europe, the Middle East, Australia, and India is the principal activity of Sonata Software Ltd.
Cloud transformation, data analytics, digital business continuity services, product engineering, platformation business consulting which adds value by enabling interactions between two or more interdependent groups.
International Revenue Percentage: Company Generate 52% revenue from US market , 30% Europe market and 18% revenue coming from rest of the world.
Board of Directors:
| Name | Position |
|---|---|
| Samir Dhir | Managing Director & CEO |
| Viren Raheja | Director |
| Radhika Rajan | Director |
| S. B. Ghia | Director |
| Sanjay Asher | Director |
| Pradip P. Shah | Chairman |
| P. Srikar Reddy | Executive Vice Chairman |
Acquisitions: The company expanded its presence in Australia and entered new markets in South East Asia and Europe by acquiring GAPbusters Ltd, a Melbourne-based company. Bangalore, February 22, 2023 Leading provider of modernization and digital engineering solutions, Sonata Software, has announced that Sonata Software North America, a wholly owned subsidiary of Sonata Software Limited, has reached a final agreement to buy a 100% stake from the shareholders of Quant Systems INC., an IT solutions and software company with headquarters in Texas, USA. This is biggest acquisitions ever Sonata Software ltd’s history.
Chart Of Sonata Software Ltd
