Sonata Software Sinks Again: Tech Player Still 57% Below Peak

recorded another weak session on 14 Nov, falling 4.2% and deepening its correction to nearly 57% below its March 2024 all-time high. While sentiment remains soft, the company continues to demonstrate operational resilience with ROE at 24.9% and ROCE at 31.4%. Its Platformation-led digital transformation offerings across retail, manufacturing, and distribution keep its long-term narrative strong. Short-term volatility persists, but Sonata’s financials and industry positioning suggest it may find stability once broader market conditions improve.