Sonata Software Sees Surge in Trading Volume Amid Mixed Performance Indicators

Sonata Software Ltd., a mid-cap player in the IT software industry, has emerged as one of the most active equities today, with a total traded volume of approximately 39.99 million shares and a total traded value of around Rs 162.89 lakhs. The stock opened at Rs 376.0 and reached a day high of Rs 447.25, while the day’s low was recorded at Rs 369.3. As of the latest update, the last traded price (LTP) stands at Rs 417.0.
Despite this activity, Sonata Software has underperformed its sector by 1.85% today, with a 1D return of -0.34%. The stock has gained slightly over the last day, reflecting a return of -1.26% during this period. Notably, the stock's delivery volume on April 30 reached 26.74 lakhs, marking an 83.39% increase compared to the five-day average delivery volume, indicating rising investor participation.

In terms of liquidity, the stock remains liquid enough for a trade size of Rs 5.57 crore, based on 2% of the five-day average traded value. Moving averages show that while Sonata Software is above its 5-day, 20-day, and 50-day averages, it remains below the 100-day and 200-day moving averages. Overall, Sonata Software Ltd. continues to exhibit significant trading activity amidst mixed performance indicators.