Sonata Software – Share Price Performance & Technical Outlook Date: April 30, 2025

Stock Snapshot

Current Price: ₹421.55 Previous Close: ₹375.90 Daily Change: +12.12% Volume Today: ~39.89 million shares Average Volume (Last 5 Days): 19.4M (vs Avg of ~1M – volume spike detected) 52-Week Range: ₹286.00 – ₹763.00 Key Trigger: Major $73 Million Deal Signed Sonata Software surged after the announcement of a $73 million deal, the second-largest in its history, with a major U.S.-based Technology, Media & Telecom (TMT) client. Deal Highlights: Setup of an AI-enabled modernization engineering center in India Focus on cloud enablement, cybersecurity, and automation Multi-year engagement indicating long-term revenue flow Reinforces Sonata’s shift toward next-gen digital transformation services This move supports Sonata’s ongoing digital shift and is its second-largest deal in history. Technical Outlook by Adarsh Nimborkar Nearest Support Zone Support: ₹380 Stop Loss (SL): Below ₹380 (on closing basis) Upside Targets Target 1: ₹570 (~35% potential gain) — Expected in the next 2 months Target 2: ₹750 (~78% gain from current price) — Medium-term resistance level Final Target: ₹850 (~101% potential gain) — Long-term, expected within the next 2 years Technical Note: Recent breakout is backed by a massive surge in trading volume over the past 5 sessions — 5-day avg. is ~19.4M vs typical 1M, signaling strong institutional interest. Disclosures This is not a buy/sell or personalized investment recommendation. Purchase advisory services to receive such detailed, research-backed studies and actionable calls regularly. 📌 Conclusion Sonata Software’s latest breakout reflects market confidence in its strategic growth initiatives, particularly its emphasis on AI and next-gen IT services. If executed well, this $73M deal may serve as a springboard for stronger revenue visibility and global positioning. Curated By: Adarsh Nimborkar – SEBI Registered Investment Advisor