Sonata Software share price: Buy Sonata Software, target price Rs 1100: HDFC Securities

HDFC Securities has a tender with a target price of Rs 1,100. The current market price of Sonata Software Ltd. is Rs 880.8. The period given by the analyst is one year when the price of Sonata Software Ltd. can achieve the defined goal. .

Sonata Software Ltd., incorporated in 1994, is a mid-cap company (with market capitalization of Rs 9229.83 Crore) operating in the Computer Software industry.

The main product / revenue segments of Sonata Software Ltd. include computer software, software products and other operating revenue for the year ending March 31, 2021.


For the quarter ended 30-09-2021, the company reported total consolidated income of Rs 976.70 crore, down -24.68% from last quarter total income of Rs 1296.69 crore and in increase of 21.15% compared to last year in the same quarter. Total income of Rs 806.21 crore. The company reported net profit after tax of Rs 91.17 crore last quarter.

Promoter / FII Holdings
Promoters held 28.17 percent of the company’s capital as of September 30, 2021, while FIIs held 16.56 percent and DIIs 12.98 percent.

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