Buy Sonata Software; target of Rs 725: ICICI Direct

General News

Summary

Sonata Software (Sonata) offers IT services (30%) and product licensing & deployment (70%). The company provides IT services to travel, retail, agri & commodities and manufacturing and software vendors • Net debt free and healthy double digit return ratio (with RoCE of >30%). We change our rating from HOLD to BUY on the stock. Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Classifications

industries
Telecommunications
applications
Anti Piracy

AskAI Classifications

Labels
SaaS Messaging Software Business Communication Software

Linked Companies

WhatsApp
$100M to $250M