It's a good day for construction firms at Dalal street
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Shares of Sonata said its first quarter Net Profit was flat at 23.6 crore rupees compared with 22.4 crore rupees in the same quarter a year ago. Sales during April-June rose 18 percent to 118 crore rupees from 101 crore rupees in the year ago period.
Sonata jumped 9.2 percent, or 14.50 rupees, to 171.95, its highest since May 20th, on the
Sonata's market capitalisation has jumped 138 percent in the past one year to 1,723 crore rupees as investors preferred mid cap software companies in comparison to their frontline peers.
(Image credits: corporateblog.progress)
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