Order momentum offers hope for Sonata amid short-term demand issues

Order momentum offers hope for Sonata amid short-term demand issues

The stock of Sonata Software, a mid-tier IT services exporter, has lost 24% over the past two weeks after the company reported lacklustre December quarter performance affected by ramp down in a key client account. The stock is likely to remain under pressure given the spillover effect of the project ramp down on the fourth … Read more