Sonata Software Experiences Notable Short-Term Gains Amid Broader Market Rally

Sonata Software has shown significant activity today, gaining 6.42% on May 2, 2025. The stock has outperformed its sector by 5.63%, marking a notable trend as it has experienced consecutive gains over the last four days, resulting in a remarkable 33.61% return during this period.
Intraday, the stock reached a high of Rs 452, reflecting a 6.77% increase, while it also recorded a low of Rs 402.85, indicating a volatility of 7.96%. In terms of moving averages, Sonata Software's current price is above its 5-day, 20-day, and 50-day moving averages, but remains below the 100-day and 200-day moving averages.

In the broader market context, the Sensex has risen sharply by 1.1% after a flat opening, climbing 828.35 points to reach 81,128.54. While Sonata Software's performance over the past week stands at 33.72%, the stock has faced challenges over longer periods, with a year-to-date decline of 24.91%. However, its long-term performance remains strong, with a 467.14% increase over the past five years.