Sonata Software profits with its arm moving into settlement with Sopris Systems

Sonata Software profits with its arm moving into settlement with Sopris Systems

by admin- Thursday, December 13th, 2018 04:08:01 PM

Sonata Software is currently buying and selling at Rs. 320.20, up through 2.15 points or 0.68% from its previous final of Rs. 318.05 on the BSE.

The scrip opened at Rs. 319.05 and has touched a excessive and occasional of Rs. 321.20 and Rs. 317.30 respectively. So a ways 195 stocks have been traded on the counter.

The BSE institution ‘A’ inventory of face cost Rs. 1 has touched a fifty two week excessive of Rs. 428.75 on 19-Sep-2018 and a fifty two week low of Rs. 223.35 on 14-Dec-2017.

Last one week excessive and coffee of the scrip stood at Rs. 321.10 and Rs. 298.40 respectively. The modern-day market cap of the organisation is Rs. 3344.Fifty nine crore.

The promoters preserving within the company stood at 30.95%, even as Institutions and Non-Institutions held 23.62% and forty five.Forty three% respectively.

Sonata Software’s fully owned subsidiary — Sonata Software North America, Inc. Has entered right into a definitive agreement with Sopris Systems, LLC and its shareholders to acquire one hundred% stake in Sopris Systems, LLC. The acquisition will help us develop our presence inside the United States. It will decorate Sonata’s abilities in Microsoft 365 Stack. The value of acquisition is $7 million.

Sopris is an enterprise business answers Company. Sopris is global goldcertified Microsoft Dynamics solution company that specialize in Enterprise Resource Planning (ERP) and Customer Relationship Management (CRM) software.

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