Sonata Software shares rose 5.75% this week after receiving a multi-year, multi-million dollar IT outsourcing contract from a US-based premier healthcare and wellness company.
The firm’s major goal is to offer personalized, high-quality care to vulnerable patients and underserved populations in tough clinical and behavioural health settings.
In the exchange filing on August 28, 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.”
Stock Performance on Friday
– Open: ₹663.00
– High: ₹672.00
– Low: ₹648.70