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Sonata Software shares drop on lower global revenue forecast
Financial Express Chandigarh
|April 18, 2025
SHARES OF SONATA Software dropped by as much as 12% on Thursday after the company warned of lower revenues from its international business for the quarter ended March.
In a stock exchange filing on Wednesday, the company said that international business revenue is expected to be lower than earlier estimated, as revenue from its largest client is likely to fall short of expectations. The stock eventually ended 6% lower on NSE to close at ₹315.2.
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