1. tolentino.gomes

    tolentino.gomes New Member

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    Please advice on Sonata Software to buy or avoid @ current market price
     
  2. Meenakshi Razdan

    Meenakshi Razdan Administrator Staff Member Moderator

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    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.
     
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