Sonata Software Sees Surge in Trading Activity and Investor Engagement

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 57,192,479 shares and a total traded value of approximately Rs 253.13 lakhs. The stock opened at Rs 419.00 and reached a day high of Rs 464.20, reflecting a notable intraday increase of 5.79%. However, it closed at Rs 417.25, slightly below its previous close of Rs 421.55.
In terms of performance, Sonata Software has outperformed its sector by 3.08%, with a one-day return of 2.81%, compared to the sector's return of 0.93% and the Sensex's return of 0.33%. The stock's moving averages indicate a mixed trend, being higher than the 5-day, 20-day, and 50-day averages but lower than the 100-day and 200-day averages.

Investor participation has also seen a significant rise, with a delivery volume of 38.3 lakhs on May 2, marking an increase of 105.14% against the 5-day average delivery volume. The stock's liquidity remains robust, accommodating trade sizes of Rs 12.14 crores based on 2% of the 5-day average traded value. Overall, Sonata Software's performance today highlights its active market presence and investor engagement.