Page 11 - Sonata Software News Today

In a regulatory filing, Sonata Software reported a consolidated profit of Rs 124.2 crore for July-September period, a 3.4 percent gain over the previous quarter. Revenue from operations during the quarter slipped by 5.1 percent sequentially to Rs 1,912.6 crore.

M&M, Bajaj Finance, UPL, Asian Paints and Bajaj Finserv were among the top losers on NSE in todays trade.

Leading private lender Axis Bank has posted 10% year-on-year growth in its standalone net profit at Rs 5,863 crore in the July-September period.

"There is risk-off in global equity markets triggered by a combination of economics and geopolitics. The Israel-Hamas conflict continues to be a major headwind for markets. If the conflict lingers for long it has the potential to impact global growth, too, when the global economy is already in the midst of a slowdown," said V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

The 30-share BSE Sensex slumped 707 points or 1.10 per cent to trade at 63,342, while the NSE Nifty was down 224 points or 1.17 per cent to trade at 18,898. Broader markets (mid- and small-cap shares) were also weak as Nifty Midcap 100 was down 1.88 per cent and small-cap shed 2.57 per cent.

India Business News: Sensex & Nifty continue to slide: Benchmark equity indices continued their downward trend for the sixth consecutive session on Thursday, mirroring the

Taking cues from overseas, equity markets started sharply lower on Thursday, extending the spate of losses for a sixth day

The Nifty IT index closed 1.0 per cent down at 30225.65.

Pti: Sonata Software – International Services Revenue grew by 4.6% QoQ (40% YoY) in USD, and Domestic Gross Contribution grew by 16.5% YoY in INR. Board approved 1:1 bonus issue and interim dividend of ₹ 7 per share

Somi Conveyor, Premier Poly, Kapston Facilities, Sonata Software and Sical Logistics, hit their fresh 52-week highs during the day.