Sonata Software shares rise 22% in one month: What’s fuelling today’s rally?

On Thursday, Sonata Software shares surged 14.8% to the intraday high of ₹291.40 during the morning market session, compared to ₹253.79 at the previous market close, as per the exchange data.

Why are Sonata Software shares rising today?

Sonata Software shares surged to an intraday high of ₹291.40 on April 16, largely due to the value buying interest from stock market investors as trading volumes surged past 17 million shares across the two major stock exchanges in the country as of the afternoon market session.

Data collected from Stock Edge showed that Sonata Software shares also crossed their last week’s high of ₹250.46 on Thursday, indicating a breakout position with the RSI levels above 50 during the trading session.

After the markets opened on April 16, the technical charts showed that the Relative Strength Index (RSI) or 14-day average of the stock surged past the ceiling of 70 in the overbought territory, to around 93.02 in the early trading hours before cooling down to the 49 levels

As of 12:50 pm, Sonata Software’s RSI 14 was trading at around 53 region on the stock market amid the high volume trading on Thursday.

Apart from the value buying and the technical cues in the market, expectations were also around the company’s final dividend announcement ahead of the fourth quarter results, considering Sonata Software has consistently issued dividends in the financial year ended 2025-26.

NSE data showed that Sonata Software issued a dividend of ₹4.4 per share in July 2025, then a ₹1.25 per share interim dividend in August 2025, and another three ₹1.25 per share interim dividends in August, November and February 2025, respectively.

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In March 2026, Sonata Software announced that it had been recognised as a Microsoft Frontier Partner delivering an AI-first human-led approach that combines AI agents and human ingenuity to scale innovation and impact across Cloud & AI Platforms, AI Business Solutions, and Security.

The company also said it has demonstrated excellence across multiple Microsoft Cloud and AI disciplines for the recognition from global giant Microsoft.

In February 2026, the company announced that it had achieved Amazon Web Services (AWS) Premier Tier Services Partner status in the AWS Partner Network (APN) by demonstrating expertise and a proven track record in helping customers design, architect, build, migrate, and manage workloads on AWS.

The company's plans are in line with these achievements as the IT firm aims to strengthen its offerings across cloud migration, application and data modernisation, AI-enabled engineering, and industry-specific accelerators.

The investors' optimism in the market also shows the heightened expectations of the company's earnings after an over 400% rise in its net profit for the October to December quarter of the financial year ended 2025-26 to ₹33.04 crore, compared to ₹5.92 crore in the same period a year ago.

The company’s surge in net profit was fuelled by the 53% rise in the revenues from core operations in the third quarter to ₹371 crore, compared to ₹241 crore in the same quarter of the previous fiscal year.

Sonata Software share price trend

Sonata Software shares were trading 11.2% higher at ₹282.22 as of 12:41 am on Thursday, compared to ₹253.79 at the previous stock market close, according to NSE data. The company’s stock broke past its weekly breakout level on April 16.

Although Sonata Software shares have delivered more than 28% returns on their investment over five years, the company’s stock was down 33% in the last three-year period. The small-cap IT stock lost 15% in the past year and has dropped 21% so far in 2026.

Market data showed that Sonata Software's share price has surged almost 22% in one month, and is trading more than 15% higher in the last five market sessions on NSE.

The company’s shares hit their 52-week high of ₹464.20 on May 2, 2025, while the 52-week low was at ₹207.15 on March 30, 2025, according to the exchange data. The company’s market capitalisation (M-Cap) was at ₹7,951.17 crore as of the trading session on Thursday, April 16.