Sonata Software Ltd. experiences decline in stock price, but still outperforms market in past month
On August 1st, 2024, Sonata Software Ltd. experienced a -6.58% decline in its stock price, underperforming the sector by -5.49%. This marks the second consecutive day of losses for the company, with a total decline of -7.04% in the period. Despite this, the stock is still performing well in the long term, with its moving averages higher than 20 day, 50 day, 100 day, and 200 day moving averages. In comparison to the overall market performance, Sonata Software Ltd. has underperformed, but in the past month, the stock has shown a positive growth of 11.39%. MarketsMojo's stock call for Sonata Software Ltd. is 'Hold', based on facts and figures without any mention of future potential, investor interest, or expert recommendations.
Sonata Software Ltd., a largecap IT software company, saw a decline in its stock price on August 1st, 2024. The stock lost -6.58% on that day, underperforming the sector by -5.49%. This marks the second consecutive day of losses for the company, with a total decline of -7.04% in the period.
The stock had a volatile trading day, with an intraday low of Rs 692.9 (-6.39%) and an intraday volatility of 19.36% (calculated from weighted average price). However, the stock is still performing well in the long term, with its moving averages higher than 20 day, 50 day, 100 day, and 200 day moving averages.
In comparison to the overall market performance, Sonata Software Ltd. has underperformed, with a -6.58% decline compared to the Sensex's 0.38% performance on the same day. However, in the past month, the company's stock has shown a positive growth of 11.39%, outperforming the Sensex's 3.24% growth.
Overall, the stock call for Sonata Software Ltd. by MarketsMOJO is 'Hold'. This information is based on facts and figures, without any mention of future potential, investor interest, or expert recommendations. As a largecap IT software company, Sonata Software Ltd. continues to be a significant player in the industry.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
