1. tolentino.gomes

    tolentino.gomes New Member

    Joined:
    Mar 19, 2015
    Messages:
    23
    Likes Received:
    1
    Please advice on Sonata Software to buy or avoid @ current market price
     
  2. Meenakshi Razdan

    Meenakshi Razdan Administrator Staff Member Moderator

    Joined:
    Mar 19, 2015
    Messages:
    430
    Likes Received:
    150
    I think Sonata Software has a lot of good things going for it. It has been consistently reporting good results. The Q3FY15 results were also good. It is virtually debt-free. It offers a dividend yield of 2.5%, which is good and offers downside protection. It is also quoting at reasonable valuations. Goldman Sachs Fund has recently bought 27 lakh shares at Rs. 175 each.
     
Loading...