Sonata Software shares surged more than 4% to Rs 645.50 on August 29, after getting a multi-year, multi-million dollar IT outsourcing deal from a US-based premier healthcare and wellness company.
The primary objective of the firm is to provide personalised, high-quality care that addresses the unique requirements of vulnerable patients and underserved populations in tough clinical and behavioral health settings.
In the exchange filing, the company shared, “As part of the collaboration, Sonata Software will support the client in achieving dual objectives: optimizing IT budgets and cost efficiencies through systemic improvements and engineering levers and modernizing their technology landscape by leveraging Enterprise data, Artificial Intelligence, and hyper-automation across patient-facing systems, and back-office operations.”
As of 11:13 am, Sonata Software shares were trading 4.07% higher at Rs 649.90 on the NSE.
